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LTC Properties LTC Payments to Acquire Mortgage Notes Receivable

Payments to Acquire Mortgage Notes Receivable at other companies

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National Health InvestorsNHI
$6.12M-6.6%

Other financials

Income statement

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Revenue$98.9M+64.1%
Operating income$18.6M-23.7%
Net income$29.6M+96.4%
EPS (diluted)$0.56+75.0%

Balance sheet

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Cash & equivalents$40.4M+431%
Total debt$2.4M-10.7%
Total equity$1.3B+32.5%
Total assets$2.2B+21.2%

Cash flow

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Operating cash flow$34.4M+14.5%
CapEx$3.8M+224%
Free cash flow$30.6M+6.0%

Valuation

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Market cap$2.15B+30.2%
Enterprise value$2.11B+28.3%
P/E15.9×-4.0×
P/S6.2×-1.4×

Profitability

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Operating margin41.8%+1.0pp
Net margin38.9%+0.7pp
FCF margin37.5%-15.3pp

Returns & leverage

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Return on equity12.2%+3.2pp
Debt / equity0.0×

Where this comes from

Reported directly by LTC Properties in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquireMortgageNotesReceivable.

The source filing: LTC Properties’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:41 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q3 2026
Accession
0001104659-26-091183
Line itemSix Months Ended June 30, 2026Six Months Ended June 30, 2025
Proceeds from sale of real estate, net9,4963,186
Investment in financing receivables(373)
Proceeds from the sale of properties accounted for as a financing receivable62,220
Investment in real estate mortgage loans receivable(10,766)(41,535)
Principal payments received on mortgage loans receivable180451
Investments in unconsolidated joint ventures(34)(192)
Proceeds from liquidation of investments in unconsolidated joint ventures12,55813,000
Principal payments received on notes receivable146888

Item 1. Financial Statements

FAQ

What is LTC Properties's payments to acquire mortgage notes receivable?
LTC Properties (LTC) reported payments to acquire mortgage notes receivable of $2.76M in Q2 2026.
How has LTC Properties's payments to acquire mortgage notes receivable changed year-over-year?
LTC Properties's payments to acquire mortgage notes receivable decreased by 93.0% year-over-year, from $39.62M to $2.76M.
What is the long-term trend for LTC Properties's payments to acquire mortgage notes receivable?
Over 4 years (2021 to 2025), LTC Properties's payments to acquire mortgage notes receivable has grown at a 4.9% compound annual growth rate (CAGR), from $88.96M to $107.63M.
What does payments to acquire mortgage notes receivable mean?
Measures cash outflows used to purchase mortgage notes receivable, which are debt instruments secured by real estate. This activity represents a lending-based investment strategy rather than direct property ownership. It reflects the company's deployment of capital into debt-based real estate financing.

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