June 22, 2024
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LTC buys Michigan and Texas properties for $33 million


Westlake Village-based LTC Properties announced Jan. 21 that it acquired three properties in Michigan and Texas for $33 million. LTC bought two properties in Auburn Hills and Sterling Heights, Mich., for $19 million. The properties, managed by Randall Residence, have 156 assisted living and memory care units. Those properties come with a 10-year triple net…


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