LTC Properties says SHOP acquisitions near $950 million, surpass 2026 midpoint target
LTC•LTC Properties raised its 2026 seniors housing operating portfolio investment midpoint guidance to $1 billion from $900 million after acquisitions reached nearly $950 million through October. Portfolio net operating income guidance narrowed to $73.5 million–$76.4 million, while full-year diluted core funds from operations guidance remained $2.76–$2.78 per share.
1. Investment guidance raised
LTC Properties raised its 2026 seniors housing operating portfolio investment midpoint guidance to $1 billion from $900 million. Acquisitions reached nearly $950 million through October, exceeding the previous midpoint target, and the portfolio now contributes 45% of annualized net operating income.
2. Operating outlook
The company narrowed portfolio net operating income guidance to $73.5 million–$76.4 million from $71.2 million–$79.9 million. Full-year diluted core funds from operations guidance remained $2.76–$2.78 per share.
