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LTC Properties reports Q FFO 65c, consensus 66c

LTC Properties reports Q FFO 65c, consensus 66c

Reports Q2 revenue $50.1M, two estimates $49.3M. The company states: “Total revenues increased as the result of higher interest income from mortgage and mezzanine loan originations in 2023, construction loan funding in 2024, interest rate escalations, and insurance proceeds related to sold properties.”

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