{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-090013","form_type":"8-K","ticker":"LTC","cik":"0000887905","company_name":"LTC PROPERTIES INC","filed_at":"2025-09-15T23:59:59+00:00","discovered_at":"2026-05-14T18:02:46.603484+00:00","generated_at":"2026-05-17T06:42:14.487070+00:00","sec_items":["7.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"LTC Properties cuts 2025 GAAP EPS guidance by ~$0.88 on $41.5M non-cash write-off","bullets":["GAAP net income guidance lowered to $2.57-$2.59/share from $3.45-$3.48 due to non-cash write-off of $41.5M effective interest receivable.","Write-off stems from July 2025 amendment to $180.4M Prestige mortgage loan (14 skilled nursing centers in Michigan) allowing prepayment option starting July 2026.","Core FFO guidance unchanged at $2.68-$2.71/share; Core FAD guidance slightly raised to $2.81-$2.83.","Originated new $58M five-year loan at 8.25% secured by two seniors housing communities (171 units) in California.","Senior management to participate in non-deal roadshow starting September 17, 2025; presentation materials on IR website."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-090013","json":"https://secwatch.observer/filing/0001104659-25-090013.json","markdown":"https://secwatch.observer/filing/0001104659-25-090013.md","text":"https://secwatch.observer/filing/0001104659-25-090013.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/887905/000110465925090013/0001104659-25-090013-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/887905/000110465925090013/tm2526077d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T06:42:14.487070+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}