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WESTLAKE VILLAGE, Calif. — LTC Properties (NYSE: LTC) has completed the $40 million acquisition of a senior living community located in Wisconsin, adding the property to its senior housing operating portfolio (SHOP).
Health Dimensions Group (HDG) operates the community, which totals 147 independent living, assisted living and memory care units. HDG is a new operating partner for LTC.
LTC first launched its SHOP platform in May 2025. According to the company, LTC plans to complete an additional $95 million in SHOP acquisitions within the next month.