NEW YORK AND BETHESDA, MD. — New York-based Annaly Capital Management Inc. (NYSE: NLY) has agreed to acquire Bethesda-based real estate investment trust MTGE Investment Corp. (NASDAQ: MTGE) for $900 million in cash and stock.
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COLUMBUS and CLEVELAND, Ohio, and ERIE, Pa. — LTC Properties Inc. (NYSE: LTC) has sold five assisted living and memory care communities in Ohio and Pennsylvania for $67.5 million. The seller and the buyer, National Health Investors Inc. (NYSE: NHI), are both publicly traded REITs targeting healthcare and seniors housing properties.