LTC · LTC Properties reported Q3 2026 total revenues of $115.2M (up 66% YoY)…

LTC Properties reported Q3 2026 total revenues of $115.2M (up 66% YoY) and diluted Core FFO per share of $0.71, slightly above the $0.70 consensus. The company raised its 2026 SHOP investment mid-point guidance to $1.0B and narrowed SHOP NOI guidance, while reaffirming full-year Core FFO guidance of $2.76-$2.78. The quarter included $324M in gains on asset sales and a $2.3M impairment charge, with SHOP NOI surging to $19.7M from $4.8M a year ago as the portfolio transformation accelerates.

• Q3 2026 total revenues $115.2M vs $69.3M YoY (+66%)
• Diluted Core FFO per share $0.71 vs $0.69 YoY (+2.9%)
• Core FFO $38.7M vs $32.0M YoY (+20.8%)
• SHOP NOI $19.7M vs $4.8M YoY (+307%)