Oxnard shopping center replaces furniture store with furniture store
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LTC Properties reports decrease in fourth quarter income
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Third quarter income down at LTC Properties
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LTC Properties reports higher net income for second quarter
LTC Properties, a Westlake Village-based real estate investment trust, reported $25.3 million in net income or 64 cents per diluted share for the second quarter of 2017 on Aug. 9. That was up from $22.1 million, or 58 cents per diluted share, for the second quarter of 2016. The company had higher revenues in 2017 Read More →
First quarter profit up at LTC Properties
Westlake Village-based LTC Properties on May 8 reported $21.4 million in profit for the first quarter of 2017, or 54 cents per diluted share, up from $19.8 million, or 53 cents per diluted share, during the first quarter of 2016. LTC Properties is a real estate investment trust that buys facilities such as nursing homes. Read More →
LTC Properties reports increase in net income
Westlake Village-based LTC Properties announced a 15.7 percent increase in net income to $20.6 million, or 53 cents per diluted share, for the quarter ended Dec. 31. Revenues increased from $30.8 million for the fourth quarter of 2015 to $34.8 million for the fourth quarter of 2016, attributed in part to higher investing activities. Interest Read More →
LTC Properties beat analysts’ revenue estimates
Westlake Village-based LTC Properties beat analyst projections of revenue and matched funds from operations estimates in its third quarter earnings report. The real estate and investment trust reported $33.8 million in revenue, up from $28.5 million in the third quarter of 2015, surpassing analyst projections by $110,000. LTC Properties funds from operations per common share were Read More →
