• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI SuperconnectorNEW
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI SuperconnectorNEW
  • Settings
  • RSS Feeds
PublishGo to AppAI Superconnector
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI superconnector for talent & startupsNEW
    Legal
    Terms of usePrivacy policyCookie policy

    SEC Form 424B3 filed by LTC Properties Inc.

    8/5/25 4:33:41 PM ET
    $LTC
    Real Estate Investment Trusts
    Real Estate
    Get the next $LTC alert in real time by email
    424B3 1 tm2522353d1_424b3.htm 424B3

     

     As filed pursuant to Rule 424(b)(3)

    Registration Nos. 333-283158

     

    Supplement No. 1 dated August 5, 2025

    To prospectus supplement dated November 13, 2024

    (To Prospectus dated November 12, 2024)

     

    Up to $400,000,000

     

     

    LTC PROPERTIES, INC.

    Common Stock

     

    This supplement is being filed to supplement and amend certain information in the prospectus supplement dated and filed with the Securities and Exchange Commission on November 13, 2024 (the “prospectus supplement”) and the base prospectus dated November 12, 2024 (the “prospectus”), pursuant to an equity distribution agreement ( the “Equity Distribution Agreement”) with Citizens JMP Securities, LLC, BMO Capital Markets Corp., KeyBanc Capital Markets Inc., Wells Fargo Securities, LLC, Huntington Securities, Inc., and Wedbush Securities Inc., as sales agents and/or principal (individually, an “Agent,” and collectively, the “Agents”), and in certain cases, except for Wedbush Securities Inc., as agents for the Forward Purchasers (as defined below) (individually, a “Forward Seller,” and collectively, the “Forward Sellers”), and Citizens JMP Securities, LLC, Bank of Montreal, KeyBanc Capital Markets Inc., Wells Fargo Bank, National Association, and Huntington Securities, Inc., as purchasers for certain forward sale agreements as described in the prospectus supplement (individually, a “Forward Purchaser,” and collectively, the “Forward Purchasers”), relating to the offer and sale of shares of our common stock, par value $0.01 per share (“common stock”), having an aggregate offering price of up to $400.0 million. Capitalized terms used and not defined herein shall have the meanings ascribed to such terms in the prospectus supplement. This supplement should be read in conjunction with the prospectus supplement and the accompanying prospectus. Except as set forth below, the prospectus supplement and accompanying prospectus, as updated by the documents incorporated by reference in the prospectus supplement, remain unchanged.

     

    Effective August 5, 2025, we terminated the Equity Distribution Agreement with respect to BMO Capital Markets Corp., Bank of Montreal and Wedbush Securities Inc. As a result of such termination with respect to BMO Capital Markets Corp., Bank of Montreal, and Wedbush Securities Inc., no further offers or sales of our common stock will be made through BMO Capital Markets Corp., Bank of Montreal or Wedbush Securities Inc. pursuant to the prospectus supplement and the accompanying prospectus. The Equity Distribution Agreement otherwise remains in full force and effect with respect to the remaining Agents, Forward Sellers, and Forward Purchasers (collective, the “Remaining Parties”).

     

    In addition, effective August 5, 2025, we entered into an Amendment No. 1 to Equity Distribution Agreement with the Remaining Parties, RBC Capital Markets, LLC and BTIG, LLC (the “Additional Agents”), RBC Capital Markets, LLC and Nomura Securities International, Inc. (acting through BTIG, LLC as agent) (the “Additional Forward Sellers”), and Royal Bank of Canada and Nomura Global Financial Products, Inc. (the “Additional Forward Purchasers”) to add (i) the Additional Agents as sales agents and/or principal, (ii) the Additional Forward Sellers as agents for the Additional Forward Purchasers, and (iii) the Additional Forward Purchasers as purchasers for certain forward sale agreements as described in the prospectus supplement. Accordingly, each reference to the term “Agent” or “Agents” in the prospectus supplement is hereby amended to include the Additional Agents and shall no longer include BMO Capital Markets Corp.; each reference to the term “Forward Seller” or “Forward Sellers” in the prospectus supplement is hereby amended to include the Additional Forward Sellers and shall no longer include BMO Capital Markets Corp.; and each reference to the term “Forward Purchaser” or “Forward Purchasers” in the prospectus supplement is hereby amended to include the Additional Forward Purchasers and shall no longer include Bank of Montreal.

     

     

     

     

    As of the date of this supplement, we have sold 637,600 shares, or $23.6 million, of common stock through the Equity Distribution Agreement, leaving a remaining aggregate offering amount of $376.4 million available for offer and sale under the Equity Distribution Agreement pursuant to this supplement, the prospectus supplement and the accompanying prospectus.

     

    Our common stock is listed on the NYSE under the symbol “LTC.” On August 4, 2025, the last reported sale price of our common stock on the NYSE was $34.74 per share.

     

    To assist us in qualifying as a real estate investment trust for U.S. federal income tax purposes (“REIT”), our charter contains certain restrictions relating to the ownership and transfer of shares of our capital stock. See “Restrictions on Ownership and Transfer” in the accompanying prospectus.

     

    Investing in our common stock involves risks. Before investing in our common stock, you should carefully read the discussion on page S-5 of the prospectus supplement under the heading “Risk Factors,” as well as the risk factors discussed under the heading “Item 1A — Risk Factors” of our most recent Annual Report on Form 10-K and in the other documents we file with the Securities and Exchange Commission pursuant to the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and which we incorporate into this prospectus supplement by reference.

     

    Neither the Securities and Exchange Commission nor any other regulatory body has approved or disapproved of these securities or passed upon the adequacy or accuracy of this prospectus supplement or the accompanying prospectus. Any representation to the contrary is a criminal offense.

     

    This supplement is not complete without the prospectus supplement and accompanying prospectus, and we have not, and the Agents, the Forward Sellers, and the Forward Purchasers, have not, authorized anyone to deliver or use this supplement without the prospectus supplement and accompanying prospectus.

     

    Citizens Capital Markets

     

      KeyBanc Capital Markets

     

      Wells Fargo Securities

     

      Huntington Capital Markets

     

      RBC Capital Markets

     

      BTIG

     

    The date of this supplement to the prospectus supplement is August 5, 2025.

     

     

     

    Get the next $LTC alert in real time by email

    Crush Q3 2025 with the Best AI Superconnector

    Stay ahead of the competition with Standout.work - your AI-powered talent-to-startup matching platform.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Standout.work

    Recent Analyst Ratings for
    $LTC

    DatePrice TargetRatingAnalyst
    10/1/2025$38.00Neutral
    Cantor Fitzgerald
    9/24/2025$39.00Underperform → Market Perform
    BMO Capital Markets
    1/7/2025$40.00Mkt Perform → Mkt Outperform
    JMP Securities
    1/30/2024$34.00Hold
    Deutsche Bank
    10/3/2023$36.00Outperform
    Wedbush
    9/28/2023$36.00Buy
    Berenberg
    9/20/2023$29.00Hold
    Jefferies
    4/20/2023$36.00Equal Weight
    Wells Fargo
    More analyst ratings

    $LTC
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    View All

    EVP & CIO Boitano David M bought $346,260 worth of shares (10,000 units at $34.63), increasing direct ownership by 178% to 15,626 units (SEC Form 4)

    4 - LTC PROPERTIES INC (0000887905) (Issuer)

    6/30/25 5:41:57 PM ET
    $LTC
    Real Estate Investment Trusts
    Real Estate

    Director Gruber David L bought $111,480 worth of shares (3,000 units at $37.16), increasing direct ownership by 16% to 21,516 units (SEC Form 4)

    4 - LTC PROPERTIES INC (0000887905) (Issuer)

    12/12/24 5:21:31 PM ET
    $LTC
    Real Estate Investment Trusts
    Real Estate

    Director Gruber David L bought $214,520 worth of shares (6,000 units at $35.75), increasing direct ownership by 49% to 18,412 units (SEC Form 4)

    4 - LTC PROPERTIES INC (0000887905) (Issuer)

    8/2/24 7:47:44 PM ET
    $LTC
    Real Estate Investment Trusts
    Real Estate

    $LTC
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    View All

    EVP & CIO Boitano David M bought $346,260 worth of shares (10,000 units at $34.63), increasing direct ownership by 178% to 15,626 units (SEC Form 4)

    4 - LTC PROPERTIES INC (0000887905) (Issuer)

    6/30/25 5:41:57 PM ET
    $LTC
    Real Estate Investment Trusts
    Real Estate

    Director Preber Bradley J was granted 3,125 shares, increasing direct ownership by 98% to 6,304 units (SEC Form 4)

    4 - LTC PROPERTIES INC (0000887905) (Issuer)

    5/30/25 9:04:46 PM ET
    $LTC
    Real Estate Investment Trusts
    Real Estate

    Director Cheng Cornelia was granted 3,125 shares, increasing direct ownership by 22% to 17,196 units (SEC Form 4)

    4 - LTC PROPERTIES INC (0000887905) (Issuer)

    5/30/25 9:03:42 PM ET
    $LTC
    Real Estate Investment Trusts
    Real Estate

    $LTC
    SEC Filings

    View All

    LTC Properties Inc. filed SEC Form 8-K: Regulation FD Disclosure

    8-K - LTC PROPERTIES INC (0000887905) (Filer)

    9/15/25 4:13:34 PM ET
    $LTC
    Real Estate Investment Trusts
    Real Estate

    LTC Properties Inc. filed SEC Form 8-K: Financial Statements and Exhibits

    8-K - LTC PROPERTIES INC (0000887905) (Filer)

    8/5/25 4:36:41 PM ET
    $LTC
    Real Estate Investment Trusts
    Real Estate

    SEC Form 424B3 filed by LTC Properties Inc.

    424B3 - LTC PROPERTIES INC (0000887905) (Filer)

    8/5/25 4:33:41 PM ET
    $LTC
    Real Estate Investment Trusts
    Real Estate

    $LTC
    Press Releases

    Fastest customizable press release news feed in the world

    View All

    LTC Declares Its Monthly Common Stock Cash Dividend for the Fourth Quarter of 2025

    LTC Properties Inc. (NYSE:LTC) ("LTC" or the "Company"), announced today that it had declared a monthly cash dividend of $0.19 per common share per month for the fourth quarter of 2025. Distribution dates are outlined in the table below. Record Date Payment Date Amount October 23, 2025 October 31, 2025 $0.19 per common share November 20, 2025 November 28, 2025 $0.19 per common share December 23, 2025 December 31, 2025 $0.19 per common share About LTC Properties LTC is a real estate investment trust (REIT) focused on seniors housing and health care properties, investing through SHOP, triple-net leases, joint

    10/1/25 9:30:00 AM ET
    $LTC
    Real Estate Investment Trusts
    Real Estate

    LTC Furthers Transformative Growth With $195 Million SHOP Acquisition

    – Welcomes New LTC Partner, Lifespark – 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 $195 million Senior Housing Operating Portfolio ("SHOP") acquisition. Acquisition Highlights Investment: $195 million acquisition of five independent living, assisted living and memory care communities, totaling 520 units, in Wisconsin. Performance: Stabilized communities, with an average age of six years, expected to deliver a year-one yield of approximately 7%. Operating Partner: Lifespark, a new LTC operating partner, has managed the communities since 2021. Funding: Li

    9/30/25 9:30:00 AM ET
    $LTC
    Real Estate Investment Trusts
    Real Estate

    LTC Advances External Growth Strategy With $40 Million SHOP Acquisition

    - Welcomes Charter Senior Living to LTC's SHOP - 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 the closing of a $40 million Senior Housing Operating Portfolio ("SHOP") acquisition of two assisted living and memory care communities operated by Charter Senior Living. Investment Highlights Investment: $40 million off-market acquisition of two recently built assisted living and memory care communities in Kentucky totaling 158 units. Performance: Opened in 2023, the communities are stabilized and are expected to deliver a year-one yield of approximately 7%. Operati

    9/25/25 4:15:00 PM ET
    $LTC
    Real Estate Investment Trusts
    Real Estate

    $LTC
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    View All

    Cantor Fitzgerald initiated coverage on LTC Properties with a new price target

    Cantor Fitzgerald initiated coverage of LTC Properties with a rating of Neutral and set a new price target of $38.00

    10/1/25 9:30:12 AM ET
    $LTC
    Real Estate Investment Trusts
    Real Estate

    LTC Properties upgraded by BMO Capital Markets with a new price target

    BMO Capital Markets upgraded LTC Properties from Underperform to Market Perform and set a new price target of $39.00

    9/24/25 7:53:19 AM ET
    $LTC
    Real Estate Investment Trusts
    Real Estate

    LTC Properties upgraded by JMP Securities with a new price target

    JMP Securities upgraded LTC Properties from Mkt Perform to Mkt Outperform and set a new price target of $40.00

    1/7/25 8:13:54 AM ET
    $LTC
    Real Estate Investment Trusts
    Real Estate

    $LTC
    Leadership Updates

    Live Leadership Updates

    View All

    LTC Announces David Boitano as New Chief Investment Officer

    -- Seniors Housing and Health Care Industry Veteran Adds Substantial Depth and Experience to LTC Team -- LTC Properties, Inc. (NYSE:LTC) ("LTC" or the "Company"), a real estate investment trust that primarily invests in seniors housing and health care properties, today announced the appointment of industry veteran, David Boitano, as Executive Vice President and Chief Investment Officer, following the promotion of Clint Malin to Co-Chief Executive Officer in December 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250421263930/en/Dave Boitano, EVP & CIO Boitano has spent most of his seniors housing and health care finance ca

    4/21/25 3:01:00 AM ET
    $LTC
    Real Estate Investment Trusts
    Real Estate

    LTC Appoints Wendy Simpson Executive Chairman of Board of Directors; Promotes Pam Kessler and Clint Malin to Co-Chief Executive Officers, and Cece Chikhale to Chief Financial Officer

    LTC Properties, Inc. (NYSE:LTC), a real estate investment trust primarily invests in seniors housing and health care properties, today announced that Wendy Simpson has been appointed Executive Chairman of Board of Directors, Pam Kessler and Clint Malin have been promoted to Co-Chief Executive Officers, and Cece Chikhale has been promoted to Chief Financial Officer. The appointments are part of the Company's succession plan and are effective December 31, 2024. The Company said it is conducting a search for a new Chief Investment Officer to succeed Clint Malin, who will retain that function until a successor is named. Executive Chairman: Wendy Simpson, 75, has been LTC's Chief Executive O

    12/9/24 9:15:00 AM ET
    $LTC
    Real Estate Investment Trusts
    Real Estate

    $LTC
    Financials

    Live finance-specific insights

    View All

    LTC Declares Its Monthly Common Stock Cash Dividend for the Fourth Quarter of 2025

    LTC Properties Inc. (NYSE:LTC) ("LTC" or the "Company"), announced today that it had declared a monthly cash dividend of $0.19 per common share per month for the fourth quarter of 2025. Distribution dates are outlined in the table below. Record Date Payment Date Amount October 23, 2025 October 31, 2025 $0.19 per common share November 20, 2025 November 28, 2025 $0.19 per common share December 23, 2025 December 31, 2025 $0.19 per common share About LTC Properties LTC is a real estate investment trust (REIT) focused on seniors housing and health care properties, investing through SHOP, triple-net leases, joint

    10/1/25 9:30:00 AM ET
    $LTC
    Real Estate Investment Trusts
    Real Estate

    LTC Furthers Transformative Growth With $195 Million SHOP Acquisition

    – Welcomes New LTC Partner, Lifespark – 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 $195 million Senior Housing Operating Portfolio ("SHOP") acquisition. Acquisition Highlights Investment: $195 million acquisition of five independent living, assisted living and memory care communities, totaling 520 units, in Wisconsin. Performance: Stabilized communities, with an average age of six years, expected to deliver a year-one yield of approximately 7%. Operating Partner: Lifespark, a new LTC operating partner, has managed the communities since 2021. Funding: Li

    9/30/25 9:30:00 AM ET
    $LTC
    Real Estate Investment Trusts
    Real Estate

    LTC Advances External Growth Strategy With $40 Million SHOP Acquisition

    - Welcomes Charter Senior Living to LTC's SHOP - 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 the closing of a $40 million Senior Housing Operating Portfolio ("SHOP") acquisition of two assisted living and memory care communities operated by Charter Senior Living. Investment Highlights Investment: $40 million off-market acquisition of two recently built assisted living and memory care communities in Kentucky totaling 158 units. Performance: Opened in 2023, the communities are stabilized and are expected to deliver a year-one yield of approximately 7%. Operati

    9/25/25 4:15:00 PM ET
    $LTC
    Real Estate Investment Trusts
    Real Estate

    $LTC
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    View All

    SEC Form SC 13G/A filed by LTC Properties Inc. (Amendment)

    SC 13G/A - LTC PROPERTIES INC (0000887905) (Subject)

    1/29/24 12:23:34 PM ET
    $LTC
    Real Estate Investment Trusts
    Real Estate

    SEC Form SC 13G/A filed by LTC Properties Inc. (Amendment)

    SC 13G/A - LTC PROPERTIES INC (0000887905) (Subject)

    2/9/23 11:25:11 AM ET
    $LTC
    Real Estate Investment Trusts
    Real Estate

    SEC Form SC 13G/A filed by LTC Properties Inc. (Amendment)

    SC 13G/A - LTC PROPERTIES INC (0000887905) (Subject)

    2/8/23 2:23:05 PM ET
    $LTC
    Real Estate Investment Trusts
    Real Estate