secwatch.observer — SEC 8-K summary
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Issuer:     LTC PROPERTIES INC (LTC)
CIK:        0000887905
Form:       8-K
Filed at:   2025-11-04T23:59:59+00:00
Accession:  0001104659-25-106311
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LTC reports Q3 net loss of $20.1M on $41.5M write-off; Core FFO rises; guidance raised
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- Total revenues $69.3M, up 24% YoY from $55.8M; net loss $(0.44)/share vs net income $0.66.
- Net loss includes $41.5M non-cash write-off of straight-line interest from prepayment option granted.
- Core FFO per share $0.69 vs $0.68 YoY; FAD per share $0.77 vs $0.78.
- Closed ~85% of $460M pipeline; $290M added to SHOP; expects $70M more by year-end and $110M in Jan 2026.
- SHOP portfolio grew to ~$450M (20% of total) with avg occupancy 87%; sold 7 older skilled nursing centers.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/887905/000110465925106311/0001104659-25-106311-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/887905/000110465925106311/ltc-20251104x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-106311

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