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LTC Properties Buys Senior Housing Assets for $160M, Sells $260M

LTC Properties will acquire three senior housing communities for nearly $160 million and divest two noncore assets as part of its portfolio restructuring. The real estate investment trust, which focuses on senior housing and health care properties, made the announcement on Thursday.

LTC

LTC Properties has agreed to buy three senior housing communities for nearly $160 million and sell two noncore assets as part of a portfolio restructure. The real estate investment trust, which focuses on senior housing and health care properties, said Thursday that it…