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LTC Properties Expands SHOP Portfolio With $23M Investment In Arbor-Managed Georgia Senior Housing Community

Benzinga·11/03/2025 14:33:42
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– The Arbor Company joins LTC's Expanding SHOP Platform –

LTC Properties, Inc. (NYSE:LTC) ("LTC" or the "Company"), a real estate investment trust that invests in seniors housing and health care properties, today announced a new Senior Housing Operating Portfolio ("SHOP") acquisition in Georgia.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251103519617/en/

Arbor Terrace Burnt Hickory

Acquisition Highlights

  • Investment: $23 million acquisition of an 88-unit assisted living and memory care community in Georgia that was built in 2017.
  • Performance: Currently stabilized at 90% occupancy, the community is expected to deliver a year-one yield of approximately 7%.
  • Operating Partner: The Arbor Company ("Arbor"), a new LTC operating partner, has managed the community since its inception.
  • Funding: Proceeds from previously disclosed property sales.
  • Momentum: LTC has closed approximately 85% of its projected $460 million 2025 pipeline. Of this, more than $290 million has been added to the Company's SHOP portfolio. LTC expects to close an additional $70 million in SHOP acquisitions in the next 60 days.
  • SHOP Portfolio Composition: At November 3, 2025, LTC's SHOP investments make up approximately 20% of its real estate portfolio, and include 22 properties across six operators, four of which are new to LTC.