LTC Urges Continued Attention, Donations to Hurricane Florence Recovery

WESTLAKE VILLAGE, Calif. — LTC Properties Inc. (NYSE: LTC), a seniors housing REIT, is urging continued attention to disaster recovery in the aftermath of Hurricane Florence, which made landfall in the Carolinas in mid-September.

“After the waters recede and the cameras disappear, the devastation lingers,” LTC noted in a press release. “In many ways it’s just getting started. Sadly, what gets lost is a story about the seniors housing industry’s unsung heroes — the staff members working tirelessly behind the scenes to provide the best care possible for seniors despite disastrous conditions and knowing they likely lost their homes and everything they own.”

LTC cited Affinity Living Group’s staff as an example of excellent response. The company is based in Hickory, N.C., and operates more than 11,000 units in the Southeast.

Affinity was able to safely evacuate 550 residents from 10 of its buildings to other communities or shelters. Staff traveled with the residents and continued to care for them. Unfortunately, at one of those facilities, every single employee lost their homes, and some are even living at Affinity buildings in the disaster’s aftermath.

LTC made a donation itself to disaster recovery and encouraged others to do the same. The company cited several charities in recommends for donations: