October 11, 2024
Loading...
You are here:  Home  >  Banking & Finance  >  Tri-County Public Companies  >  Earnings  >  Current Article

First quarter net income soars at LTC Properties

IN THIS ARTICLE

Thousand Oaks-based real estate investment trust LTC Properties on May 4 reported a first quarter net income of $63.4 million, compared with $20.3 million the previous year, a more than 200 percent jump. The increase was due to a $43.9 million net gain on property sales and higher rental and interest income in the first…

Subscribe

    This article is only available to Business Times subscribers
  • Subscribers: or REGISTER for complete digital access.
  • Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists.
  • Check the STATUS of your Subscription Account.