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WESTLAKE VILLAGE, Calif. — LTC Properties has completed the acquisition of two seniors housing communities located in Kentucky. An undisclosed seller sold the properties for $40 million.
Opened in 2023, the properties together total 158 units and feature assisted living and memory care residences.
Charter Senior Living manages the communities.
California-based LTC plans to execute an additional $195 million in seniors housing operating portfolio (SHOP) acquisitions by mid-October 2025 and an additional $90 million by the end of the year.