---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-052262"
form_type: "8-K"
ticker: "LTC"
cik: "0000887905"
company_name: "LTC PROPERTIES INC"
filed_at: "2022-04-28T23:59:59+00:00"
generated_at: "2026-06-26T03:47:33.810201+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# LTC Q1 net income $14.3M ($0.36 EPS); FFO $0.60/share; acquires 4 SNFs for $51.5M

## Summary
- Net income $14.3M, up from $13.6M; diluted EPS $0.36 vs $0.35 YoY.
- NAREIT FFO $23.6M ($0.60/share) down from $24.3M ($0.62/share) YoY.
- Originated $25M mezzanine loan at 8% with 11% IRR for 5 seniors housing properties in OR/MT.
- Completed acquisitions: 4 TX transitional care centers for $51.5M; expects $1M rent in each of Q3 and Q4 2022.
- Reduced Anthem Memory Care Q2 rent estimate to $2.1M from $2.7M; expects $10.8M total cash rent in 2022.

## SEC filing metadata
- accession: 0001104659-22-052262
- form_type: 8-K
- ticker: LTC
- cik: 0000887905
- company_name: LTC PROPERTIES INC
- filed_at: 2022-04-28T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/887905/000110465922052262/0001104659-22-052262-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/887905/000110465922052262/tm2212697d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-052262
- JSON: https://secwatch.observer/filing/0001104659-22-052262.json
- Plain text: https://secwatch.observer/filing/0001104659-22-052262.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.