StocksMediumUpdated•Originally published 3 November 2026•Updated 3 November 2026•
1 min read
LTC Properties Acquires Florida Senior Housing Community for $62 Million
Key Facts
1LTC Properties acquired a 117-unit assisted living and memory care community in Florida for $62 million.
2With this acquisition, the company has exceeded its investment guidance for 2026.
LTC Properties acquired a 117-unit assisted living and memory care community in Florida for $62 million. Benzinga reported that the company added Grace Management as a new operator to its SHOP platform as part of the transaction.
The company has now surpassed its $900 million 2026 mid-point acquisition guidance following this deal. LTC closed at $45.14 on November 2, 2026, after trading between a session high of $45.59 and a low of $44.55.