LTC Properties buys Wisconsin seniors housing community for $40 million at 7.2% cap rate

Reuters2026/07/22 20:25

By:Reuters

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LTC Properties bought a Wisconsin seniors housing community for USD 40 million, adding 147 independent living, assisted living, memory care units.
Deal priced at an about 7.2% cap rate; anticipated unlevered IRR in the low- to mid-teens.
Acquisition funded with proceeds from ATM equity sales; 2026 Q2 net proceeds totaled USD 154.7 million from 4,100,000 shares.
SHOP platform expanded to 37 properties, representing 35% of total gross real estate investments since launch in May 2025.
Management expects to acquire another USD 95 million of SHOP communities within the next month.

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: 20260722869055) on July 22, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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LTC Properties buys Wisconsin seniors housing community for $40 million at 7.2% cap rate

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