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LTC Properties Considers Selling Up to 35 Assisted-Living Properties

Tenant Brookdale’s Decision Not To Renew Lease Comes After Two Consecutive Years of Losses
Brookdale Edmond Santa Fe in Edmond, Oklahoma, is among the properties that Brookdale Senior Living decided not to renew its lease. (CoStar)
Brookdale Edmond Santa Fe in Edmond, Oklahoma, is among the properties that Brookdale Senior Living decided not to renew its lease. (CoStar)

After its largest tenant’s decision not to renew a master lease on multiple long-term care facilities, LTC Properties said it may sell some or all of the 35 assisted-living properties.

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