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First quarter net income soars at LTC Properties

By   /   Tuesday, May 5th, 2020  /   Comments Off on First quarter net income soars at LTC Properties

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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…

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