secwatch.observer — SEC 8-K summary
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Issuer:     LTC PROPERTIES INC (LTC)
CIK:        0000887905
Form:       8-K
Filed at:   2026-02-24T23:59:59+00:00
Accession:  0001104659-26-019132
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LTC Q4 2025 revenue up 60% YoY; Core FFO $0.70 (+$0.05); SHOP acquisitions accelerate; 2026 guidance introduced
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- Revenue $84.3M (+60% YoY); net income $101.6M vs $17.9M largely due to gains/transactions.
- Core FFO $0.70 per share (+7.7% YoY); FAD $0.77 per share vs $0.66.
- SHOP NOI growth 22% for original 13 properties; $353M SHOP acquisitions in 2025.
- SHOP now 24% of gross investments, skilled nursing 36% (down from 46%).
- 2026 guidance introduced; further $157M SHOP acquisitions expected within 60 days.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/887905/000110465926019132/0001104659-26-019132-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/887905/000110465926019132/ltc-20260224x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-019132

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer