LTC Properties Acquisition of Maplewood Continuing Care Retirement Community

Deal value: $67,000,000

Acquisition of a 200-unit continuing care retirement community (CCRC) in Rochester, New York, offering independent living, assisted living, and skilled nursing.

LTC Properties is acquiring the Maplewood CCRC to expand and diversify its senior housing operating portfolio, focusing on stabilized, newer assets with strong cash flow. The investment is driven by demographic tailwinds, rising demand for integrated senior care, and a strategic shift away from older skilled nursing assets toward modern, multi-level care communities. LTC aims to build a resilient base for long-term growth and capitalize on favorable market conditions for senior living.