LTC Properties (NYSE: LTC) leadership doesn’t expect to see a big change to rent deferrals and abatements in the first quarter of 2022 as the real estate investment trust (REIT) awaits more permanent occupancy gains and continues transitioning underperforming facilities. Despite rent challenges, the Westlake Village, Calif.-based REIT is pleased at the rate it is […]
Abri Health Services
Despite labor shortage strains causing some LTC Properties (NYSE: LTC) tenants to continue requests for incremental rent deferrals and abatements, the real estate investment trust (REIT) says it’s “fairly confident” in occupancy recovery and reduced need for rent deferrals in the new year. “The rent support we’ve been giving to this small subset of operators […]
Real estate investment trust LTC Properties (NYSE: LTC) late Tuesday announced it entered into a settlement agreement with Senior Care Centers and Abri Health Services, collectively known as the “Lessee,” among others. The settlement — approved in the U.S. Bankruptcy Court for the Northern District of Texas, Dallas Division — includes a one-time payment of […]
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