LTC Properties Originates $12.7M Loan for Purchase of Skilled Nursing and Assisted Living Campus

Wednesday, 3 April 2024, 20:31

LTC Properties has facilitated a significant $12.7 million loan for Ignite Medical Resorts to acquire a nursing and assisted living campus in Katy, Texas. The transaction is poised to bring in substantial revenue and aligns with LTC's strategic investment approach, emphasizing growth in the healthcare real estate sector. This move signifies LTC's commitment to supporting healthcare infrastructure and expanding its portfolio in key market segments.
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LTC Properties Originates $12.7M Loan for Purchase of Skilled Nursing and Assisted Living Campus

LTC Properties Originates $12.7M Loan for Skilled Nursing/Assisted Living Campus Acquisition

LTC Properties has facilitated a significant $12.7 million loan for Ignite Medical Resorts to acquire a nursing and assisted living campus in Katy, Texas. The transaction is poised to bring in substantial revenue and aligns with LTC's strategic investment approach, emphasizing growth in the healthcare real estate sector. This move signifies LTC's commitment to supporting healthcare infrastructure and expanding its portfolio in key market segments.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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