December 4, 2022
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Mixed earnings reports for banking and real estate companies

By   /  Friday, November 4th, 2022  /  Banking & Finance, Earnings, Latest news, Real Estate, Regions, Santa Barbara County, Subscriber content, Top Stories, Tri-County Public Companies, Ventura County  /  Comments Off on Mixed earnings reports for banking and real estate companies

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LTC shares up after report of rising earnings for Q2

By   /  Monday, August 1st, 2022  /  Banking & Finance, Earnings, Latest news, Real Estate, Regions, Tri-County Public Companies, Ventura County  /  Comments Off on LTC shares up after report of rising earnings for Q2

Westlake Village-based real estate investment trust LTC Properties reported net income of nearly $55 million, or $1.36 per diluted share, for the second quarter ended June 30. That was up from $18.1 million, or 46 cents per diluted share, for the same period last year. Funds from operations attributable to common stockholders were $25.3 million Read More →

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LTC reports slight increase in income for Q1

By   /  Thursday, April 28th, 2022  /  Banking & Finance, Earnings, Latest news, Regions, Tri-County Public Companies, Ventura County  /  Comments Off on LTC reports slight increase in income for Q1

Westlake Village-based LTC Properties saw its net income and total assets rise in the first quarter compared to a year earlier, the company said in its April 28 earnings release. For the three months ended March 31, LTC had net income of $14.3 million, or 36 cents per diluted share, up from $13.6 million, or Read More →

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LTC buys four properties for $52M

By   /  Monday, April 4th, 2022  /  Banking & Finance, Latest news, Real Estate, Tri-County Public Companies  /  Comments Off on LTC buys four properties for $52M

Westlake Village-based real estate investment trust LTC Properties on April 4 announced the acquisition of four LuxeRehab rehabilitation centers in Texas for about $52 million. The properties have 339 beds, primarily in private rooms, and will be operated by Ignite Medical Resorts, a current LTC operating partner, according to an LTC news release. LTC is Read More →

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LTC reports dip in Q4 earnings

By   /  Thursday, February 17th, 2022  /  Banking & Finance, Earnings, East Ventura County, Health Care & Life Science, Latest news, Real Estate, Tri-County Economy, Tri-County Public Companies  /  Comments Off on LTC reports dip in Q4 earnings

Westlake Village-based real estate investment trust LTC Properties on Feb. 17 reported a 27% year-to-year decline in fourth quarter net income for 2021, in financial results released after the market closed on Feb. 17. The company’s net income was $12.7 million, or 32 cents per diluted share, in the fourth quarter of 2021, down from Read More →

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LTC properties reports decline in income and assets in Q3

By   /  Thursday, October 28th, 2021  /  Banking & Finance, Banking Industry, Earnings, East Ventura County, Latest news, Real Estate, Tri-County Economy, Tri-County Public Companies  /  Comments Off on LTC properties reports decline in income and assets in Q3

Westlake Village-based LTC Properties saw its net income, total assets and funds from operations drop in the third quarter compared to a year earlier, the company said in its Oct. 28 earnings release. For the three months ended Sept. 30, LTC had net income of $10.9 million, or 28 cents per diluted share, down from Read More →

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LTC Properties earnings rebound from pandemic lows

By   /  Thursday, July 29th, 2021  /  Banking & Finance, Earnings, East Ventura County, Latest news, Real Estate, Tri-County Economy, Tri-County Public Companies  /  Comments Off on LTC Properties earnings rebound from pandemic lows

LTC Properties saw its net income soar a year after the pandemic caused serious interruptions to the real estate investment trust’s business model. On July 29, the Westlake Village-based REIT reported its net income for the second quarter of 2021 at $18.1 million, or 46 cents per share — an increase of more than 900% Read More →