NYSE:LTCHealth Care REITs
LTC’s Phoenix Senior Housing Deal Might Change The Case For Investing In LTC Properties (LTC)
LTC Properties recently acquired a 104‑unit assisted living and memory care community in Phoenix, Arizona, for US$54,000,000, adding MorningStar Senior Living as its eleventh SHOP operator and ninth new partner since launching the platform in May 2025.
This deal advances LTC’s shift toward a larger, operator-managed senior housing portfolio and moves the REIT closer to its US$600,000,000 2026 investment guidance midpoint.
Next, we’ll examine how adding MorningStar as a new SHOP operator...