secwatch / observer

LTC PROPERTIES INC — fact timeline

Source-grounded facts extracted from LTC PROPERTIES INC's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

LTC LTC PROPERTIES INC JSON
Shareholder Votes

LTC PROPERTIES INC shareholders approved Ratification of appointment of Ernst & Young LLP as independent registered public accounting firm at the 2026-05-20 meeting.

“Proposal No. 3: Stockholders ratified the appointment of Ernst & Young LLP as the independent registered public accounting firm of LTC for fiscal 2026, based upon the following votes: For Against Abstentions Broker Non-Votes 38,142,277 1,191,990 95,221 -0-”
Shareholder Votes

LTC PROPERTIES INC shareholders approved Advisory vote on executive compensation at the 2026-05-20 meeting.

“Proposal No. 2: Stockholders approved, on an advisory basis, the compensation of the named executive officers of LTC, based upon the following votes: For Against Abstentions Broker Non-Votes 31,454,030 1,228,903 106,967 6,639,588”
Shareholder Votes

LTC PROPERTIES INC shareholders approved Election of Directors at the 2026-05-20 meeting.

“Proposal No. 1: Stockholders elected six directors to serve on the Board of Directors for the ensuing year and until the election and qualification of their respective successors, based upon the following votes: Director Nominee For Against Abstentions Broker Non-Votes Cornelia Cheng 32,478,949 247,411 63,540 6,639,588 David L. Gruber 32,591,576 146,564 51,760 6,639,588 Jeffrey C. Hawken 32,395,204 329,919 64,777 6,639,588 Bradley J. Preber 32,548,503 173,361 68,036 6,639,588 Wendy L. Simpson 32,285,974 453,380 50,546 6,639,588 Timothy J. Triche, M.D. 31,621,007 1,108,278 60,615 6,639,588”
Earnings Releases

LTC PROPERTIES INC reported the first quarter ended March 31, 2026 results: revenue $95,411, net income $23,437, EPS $0.48.

“​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ ​ March 31, (unaudited, amounts in thousands, except per share data) ​ ​ ​ 2026 ​ 2025 ​ (unaudited) ​ ​ ​ ​ ​ ​ ​ Total revenues ​ $ 95,411 ​ $ 49,031 Net income available to common stockholders ​ $ 23,437 ​ $ 20,517 Diluted earnings per common share ​ $ 0.48 ​ $ 0.45 ​ ​ ​ ​ ​ ​ ​ Nareit funds from operations”
Material Agreements

LTC PROPERTIES INC amended Amendment with KeyBank National Association valued at $600 million to $800 million (effective 2025-12-12).

“On December 12, 2025, LTC Properties, Inc. (“LTC”) entered into a First Amendment (the “Amendment”) to its Credit Agreement dated July 21, 2025 (the “Credit Agreement”) with KeyBank National Association, as Administrative Agent and L/C Issuer, and KeyBank National Association, Wells Fargo Bank, National Association, Citizens Bank, N.A., The Huntington National Bank, Royal Bank of Canada and U.S. Bank National Association, as Lenders.”
M&A Transactions

LTC PROPERTIES INC completed an acquisition involving local developers for purchase price was $195 million funded by utilizing the Company’s line of credit, proceeds from loan payoffs, and proceeds from sales of common stock under the (closed 2025-09-29).

“completed an acquisition, consisting of five seniors housing communities totaling 520 units, in Wisconsin from local developers. The aggregate purchase price paid at closing was $195 million funded by utilizing the Company’s line of credit, proceeds from loan payoffs, and proceeds from sales of common stock under the Company’s ATM program. SIGNATURE Pursuant to the”
Earnings Releases

LTC PROPERTIES INC reported first quarter ended March 31, 2024 results: net income $24,065, EPS $0.56 per diluted share.

“LTC Properties, Inc. (NYSE: LTC) (“LTC” or the “Company”), a real estate investment trust that primarily invests in seniors housing and health care properties, today announced operating results for the first quarter ended March 31, 2024.”
Earnings Releases

LTC PROPERTIES INC reported fourth quarter ended December 31, 2023 results: net income $28,057, EPS $0.67.

“LTC Properties, Inc. (NYSE: LTC) (“LTC” or the “Company”), a real estate investment trust that primarily invests in seniors housing and health care properties, today announced operating results for the fourth quarter ended December 31, 2023.”
Debt Financings

LTC PROPERTIES INC amended credit facility maturing November 19, 2026.

“On January 4, 2024, LTC Properties, Inc. (“LTC”) announced that it had entered into a Second Amendment to Third Amended and Restated Credit Agreement (the “Credit Agreement”) to accelerate the one-year extension option notice date to January 4, 2024. Concurrently, LTC exercised its option to extend the maturity date of the Credit Agreement to November 19, 2026.”
Material Agreements

LTC PROPERTIES INC amended Second Amendment to Third Amended and Restated Credit Agreement (effective 2024-01-04).

“On January 4, 2024, LTC Properties, Inc. (“LTC”) announced that it had entered into a Second Amendment to Third Amended and Restated Credit Agreement (the “Credit Agreement”) to accelerate the one-year extension option notice date to January 4, 2024.”
Earnings Releases

LTC PROPERTIES INC reported the third quarter ended September 30, 2023 results: net income $ 22,050, EPS $ 0.54.

“LTC Properties, Inc. (NYSE: LTC) (“LTC” or the “Company”), a real estate investment trust that primarily invests in seniors housing and health care properties, today announced operating results for the third quarter ended September 30, 2023.”

David Gruber was elected as Director at LTC PROPERTIES INC.

“On July 25, 2023, the Board of Directors of LTC Properties, Inc. elected Mr. David Gruber to the Board effective July 25, 2023.”
Governance Changes

LTC PROPERTIES INC: Amended and restated Bylaws to revise advance notice provisions, incorporate universal proxy rule, change stockholder proposal deadlines, require exclusive use of white proxy card by board, and make other ministerial changes (effective 2023-05-24).

“On May 24, 2023, the Board of Directors of LTC Properties, Inc. (“LTC” or the “Corporation”) approved an amendment and restatement of the Corporation’s Bylaws (as so amended and restated, the “Bylaws”), effective May 24, 2023, to among other things: · revise the advance notice provisions for stockholder nominations and proposals to require certain additional disclosures with respect to any such stockholder, the stockholder’s nominee(s) or proposal(s), and any other person related to the stockholder’s solicitation of proxies; · incorporate Rule 14a-19 (the universal proxy rule), recently promulgated by the U.S. Securities and Exchange Commission (the “SEC”), into the advance notice provisions applicable to stockholder nominations, including to add a requirement for the stockholder submitting a notice of nomination to make a representation as to whether the stockholder intends to solicit proxies in support of any nominee other than the Board of Directors’ nominee(s) in accordance with Ru”
Shareholder Votes

LTC PROPERTIES INC shareholders approved Advisory vote on the frequency of future advisory votes on executive compensation at the 2023-05-24 meeting.

“Proposal No. 4: Stockholders indicated their preference for one year in the advisory vote on the frequency of future advisory votes on executive compensation, based upon the following votes:”
Shareholder Votes

LTC PROPERTIES INC shareholders approved Advisory approval of the compensation of the named executive officers at the 2023-05-24 meeting.

“Proposal No. 3: Stockholders approved, on an advisory basis, the compensation of the named executive officers of LTC, based upon the following votes:”
Shareholder Votes

LTC PROPERTIES INC shareholders approved Ratification of the appointment of Ernst & Young LLP as the independent registered public accounting firm of LTC for fiscal 2023 at the 2023-05-24 meeting.

“Proposal No. 2: Stockholders ratified the appointment of Ernst & Young LLP as the independent registered public accounting firm of LTC for fiscal 2023, based upon the following votes:”
Shareholder Votes

LTC PROPERTIES INC shareholders approved Election of six directors to serve on the Board of Directors for the ensuing year at the 2023-05-24 meeting.

“Proposal No. 1: Stockholders elected six directors to serve on the Board of Directors for the ensuing year and until the election and qualification of their respective successors, based upon the following votes:”
Earnings Releases

LTC PROPERTIES INC reported first quarter ended March 31, 2023 results: net income $32,929, EPS $0.80.

“LTC Properties, Inc. (NYSE: LTC) ("LTC" or the "Company"), a real estate investment trust that primarily invests in seniors housing and health care properties, today announced operating results for the first quarter ended March 31, 2023. Three Months Ended March 31, 2023 2022 (unaudited) Net income available to common stockholders $ 32,929 $ 14,275 Diluted earnings per common share $ 0.80 $ 0.36”
Earnings Releases

LTC PROPERTIES INC reported financial results for fourth quarter ended December 31, 2022.

“On February 16, 2023, LTC Properties, Inc. announced the operating results for the three months ended December 31, 2022.”
Material Agreements

LTC PROPERTIES INC amended First Amendment with the participating banks thereto (effective 2022-12-19).

“On December 19, 2022, LTC Properties, Inc. (“LTC”) entered into the First Amendment (the “Amendment”) to the Third Amended and Restated Credit Agreement dated November 19, 2021 (the “Credit Agreement”) with the participating banks thereto.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.