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LTC Properties Buys Pennsylvania Seniors Housing Community for $52 Million

LTC Properties Buys Pennsylvania Seniors Housing Community for $52 Million

BitgetBitget2026/10/21 13:16
  • LTC Properties acquired a 130-unit seniors housing community in Pennsylvania for $52 million in an off-market transaction.
  • Built in 2023, the community has occupancy in the low- to mid-90% range; existing operator IntegraCare will continue managing it.
  • The acquisition carries a 6.9% year-one capitalization rate, with an anticipated unlevered internal rate of return in the low- to mid-teens.
  • Year-to-date SHOP acquisitions exceed $880 million, nearing the $900 million midpoint of 2026 investment guidance.
  • Funding came from the revolving line of credit and at-the-market stock sales.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. LTC Properties Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20261021324357) on October 21, 2026, and is solely responsible for the information contained therein.

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