On October 8, 2025, LTC Properties, Inc. announced the sale of two skilled nursing centers located in Westlake Village, California. The transaction is part of the company’s ongoing effort to divest older, non‑core skilled nursing assets and to strengthen its balance sheet as it expands its Seniors Housing Operating Portfolio (SHOP).
LTC’s Co‑Chief Executive Officers, Clint Malin and Pam Kessler, emphasized that the sale "demonstrates the continued successful execution of strategically recycling capital to optimize our portfolio for growth." The company highlighted that by divesting these facilities at attractive cap rates, it is unlocking value and redeploying proceeds to support long‑term external SHOP growth objectives. The press release notes that roughly 61% of LTC’s assets are seniors housing communities, with the remainder being skilled nursing centers, underscoring the strategic shift toward higher‑yield, operating‑model properties.
The divestiture aligns with LTC’s broader strategy to reduce exposure to older skilled nursing assets, improve portfolio quality, and provide the liquidity needed to pursue new SHOP acquisitions. By reallocating capital from these sales, LTC aims to accelerate its external growth plan and enhance shareholder value through a more focused, high‑growth asset mix.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.