LTC Properties Inc (LTC) company profile
Close on Nov 13, 2026Market cap $2.33BP/E 15.9Yield 5.27%
About LTC Properties
Real Estate Investment Trusts, SIC 6798
LTC Properties, Inc. operates as a real estate investment trust that invests in seniors housing and health care facilities. Its business centers on funding and owning properties through direct acquisitions, sale-leaseback transactions, joint ventures, mortgage loans, and structured debt financing. LTC Properties provides capital across diverse long-term care assets, including independent living communities, assisted living communities, memory care facilities, and skilled nursing centers. The company manages its operations through two distinct segments: the real estate investments segment, which holds leased properties and credit instruments, and the seniors housing operating portfolio (SHOP) segment, which engages independent third-party operators under management agreements to handle day-to-day property operations.
The company's investment portfolio consists of 186 properties encompassing thousands of seniors housing units and skilled nursing beds across multiple states throughout the United States. Its assets include triple-net leased facilities spanning 22 states, properties managed under the SHOP segment across ten states, financing receivables in three states, and mortgage loan investments in five states. LTC Properties was incorporated in Maryland; the provided text does not mention the location of its corporate headquarters.
Summary of the business section of LTC Properties's latest annual report, written by StockData.
Company profile
Company
- Legal name
- LTC Properties Inc
- Founded
- 1992
- Headquarters
- Westlake Village, CA
- Address
- 3011 Townsgate Road, Suite 220 91361
- Phone
- (805) 981-8655
- Website
- ltcreit.com
- Employees
- 25, Dec 31, 2025
- Industry
- Real Estate Investment Trusts
- Incorporated in
- Maryland
- Fiscal year ends
- December 31
- Auditor
- Ernst & Young LLP, Los Angeles, California
Stock & identifiers
- Ticker
- LTC
- Exchange
- NYSE
- IPO date
- Aug 18, 1992
- Shares outstanding
- 54M, Jul 29, 2026
- Public float
- $1.56B, Jun 30, 2025
- Filer category
- Large accelerated filer
- Stock splits
- 11-for-10, Oct 1, 1998
- SEC CIK
- 887905
- CUSIP
- 502175102
- ISIN
- US5021751020
- FIGI
- BBG000BGCCC8
- Share class FIGI
- BBG001S73DC6
- LEI
- 549300NRZP8IJG2KY677
- EIN
- 71-0720518
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Wendy Simpson | EXECUTIVE CHAIRMAN, Director | 408,375 |
| David M. Boitano | EVP & CIO | 46,160 |
| John Gibson Satterwhite | EVP, ASSET MANAGEMENT | 32,334 |
| Clint B. Malin | CO-PRESIDENT & CO-CEO | 245,613 |
| Pamela Shelley-Kessler | CO-PRESIDENT AND CO-CEO | 254,767 |
| Caroline Chikhale | EVP, CFO & TREASURER | 68,755 |
| David L. Gruber | Director | 48,070 |
| Timothy Triche | Director | 44,404 |
| Bradley J. Preber | Director | 9,566 |
| Cornelia Cheng | Director | 21,409 |
| Jeffrey C. Hawken | Director | 6,387 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Clint B.Malin | $4.03M | $4.17M | $1.32M | $122 | $138 |
| FY2025 Pamela J.Shelley Kessler | $4.03M | $4.17M | $1.32M | $122 | $138 |
| FY2024 Clint B.Malin | $2.68M | $4.32M | $3.20M | $115 | $134 |
| FY2024 Pamela J.Shelley Kessler | $2.68M | $4.32M | $3.20M | $115 | $134 |
| FY2023 Wendy L. Simpson | $5.25M | $3.30M | $2.57M | $100 | $123 |
| FY2023 Wendy L.Simpson | $5.08M | $3.13M | $2.57M | $100 | $123 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Stock awards | Incentive pay | Other | Total | vs. prior year |
|---|---|---|---|---|---|---|
| Wendy L. Simpson Executive Chairman | $500.00K | – | $515.63K | $8.60K | $1.02M | -80% |
| Pamela J. Shelley-Kessler Co-President and Co-Chief Executive Officer | $650.00K | $2.25M | $1.12M | $10.35K | $4.03M | +50% |
| Clint B. Malin Co-President and Co-Chief Executive Officer | $650.00K | $2.25M | $1.12M | $9.54K | $4.03M | +50% |
| Caroline Chikhale Executive Vice President, Chief Financial Officer, Treasurer and Corporate Secretary | $450.00K | $800.00K | $556.88K | $10.35K | $1.82M | +38% |
| David M. Boitano Executive Vice President and Chief Investment Officer | $348.72K | $200.00K | $438.28K | – | $987.00K | – |
| John G. Satterwhite Executive Vice President, Asset Management | $380.00K | $600.00K | $470.25K | $10.35K | $1.46M | – |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we employed 25 people.”
Corporate history
Events identified from SEC filings
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