# LTC PROPERTIES INC (LTC) — capital_raise/atm_program [terminated]
Source: SEC API (secapi.ai) · situation sit_c606951d04a8e08ca22b · retrieved 2026-08-12T07:01:40.947Z

## Overview
LTC Properties, Inc. is a real estate investment trust that owns and finances healthcare properties, including senior housing and skilled nursing facilities.

LTC Properties, Inc., a Maryland-based real estate investment trust, entered into an Equity Distribution Agreement on August 6, 2026, with Citizens JMP Securities, KeyBanc Capital Markets, Wells Fargo Securities, Huntington Securities, RBC Capital Markets, BTIG, M&T Securities, and Nomura Securities International (acting through BTIG as agent). The agreement permits the Company to issue and sell up to $500 million in aggregate offering price of common stock shares at its discretion. The Company also entered into separate Master Forward Confirmations with Citizens JMP Securities, KeyBanc Capital Markets, Wells Fargo Bank, Huntington Securities, Royal Bank of Canada, and Nomura Global Financial Products. Sales may be made through negotiated transactions, block trades, or "at the market" offerings on the NYSE. The Company intends to use net proceeds to pay down its unsecured revolving line of credit, fund acquisitions and originations, and for working capital and general corporate purposes.

## Terms
- Counterparty: Citizens JMP Securities, LLC; KeyBanc Capital Markets Inc.; Wells Fargo Securities, LLC; Huntington Securities, Inc.; RBC Capital Markets, LLC; BTIG, LLC; M&T Securities, Inc.; Nomura Securities International, Inc. · Deal value: $500.0M · Consideration: stock

## Key dates
- Terminated 2026-08-06

## Timeline
- 2026-08-06 · 8-K (0001104659-26-092134): 8-K - LTC PROPERTIES INC — *LTC Properties, Inc. is a real estate investment trust that owns and finances healthcare properties, including senior housing and skilled nursing facilities.* LTC Properties, Inc., a Maryland-based real estate investment trust, entered into an Equity Distribution Agreement on August 6, 2026, with Citizens JMP Securities, KeyBanc Capital Markets, Wells Fargo Securities, Huntington Securities, RBC Capital Markets, BTIG, M&T Securities, and Nomura Securities International (acting through BTIG as agent). The agreement permits the Company to issue and sell up to $500 million in aggregate offering price of common stock shares at its discretion. The Company also entered into separate Master Forward Confirmations with Citizens JMP Securities, KeyBanc Capital Markets, Wells Fargo Bank, Huntington Securities, Royal Bank of Canada, and Nomura Global Financial Products. Sales may be made through negotiated transactions, block trades, or "at the market" offerings on the NYSE. The Company intends to use net proceeds to pay down its unsecured revolving line of credit, fund acquisitions and originations, and for working capital and general corporate purposes.
  https://www.sec.gov/Archives/edgar/data/887905/0001104659-26-092134.txt

## Citations
- 0001104659-26-092134 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000110465926092134