LTC Grows SHOP Portfolio to 36 Properties with $73 Million Acquisition
LTC Properties acquired two SHOP communities in Colorado and New Mexico for a combined purchase price of $73 million. The transaction was completed at a 7% cap rate with an expected unlevered IRR in the low- to mid-teens and was funded using proceeds from ATM sales.
Key figures
- Deal Value Usd
- 73000000
- Cap rate
- 7%
- Noi target
- 40%
- Unlevered irr
- low- to mid-teens
- Acquisition goal
- $600 million
- Portfolio weight
- 34%
- Portfolio properties
- 36
AI analysis
Red flags1 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.