LTC Properties, Inc. (LTC) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Greetings, and welcome to the LTC Properties, Inc. Third Quarter 2025 Earnings Conference Call. At this time, all participants are in a listen-only mode. Before management begins this presentation, please know that today's comments, including the question and answer session, may include forward-looking statements subject to risks and uncertainties that may cause actual results and events to differ materially. These risks and uncertainties are detailed in LTC's properties filings with the Securities and Exchange Commission from time to time, including the company's most recent 10-K, dated December 31st, 2024. LTC undertakes no obligation to revise or update these forward-looking statements to reflect events or circumstances after the date of this presentation. And please note that this event is being recorded. I would now like to turn the conference over to LTC management. Thank you. You may begin. Hello, and welcome to LTC's 2025 Third Quarter Earnings Call. After some brief introductory remarks from me, you'll hear from C.C. Jekyll, our chief financial officer, followed by Gibson Satterwhite, LTC's executive vice president of asset management, then Dave Boitano, our chief investment officer. Pam Kessler, LTC's co-CEO, will close out our formal remarks. It's been a busy and productive 10 months for LTC. We've been executing on every front, initial cooperative conversions from triple net leads to shop, external growth through investments capital recycling and transformation through shop following the announcement of our shop initiative in late 2024 we moved quickly to build our investment pipeline outperforming our own expectations and growing the pipeline four-fold since the beginning of this year as gibson will detail later today we are raising our 2025 shop noi gui...