Pam Kessler and Clint Malin, co-presidents and co-CEOs of LTC Properties, Inc. (NYSE: LTC), sat down for a video interview during Nareit’s REITweek: 2025 Investor Conference in New York City on June 2-5.
Kessler and Malin shared that the company’s top priority for 2025 was growth, particularly through expanding its senior housing operating portfolio (SHOP) and the newly launched IDEA platform. They noted that LTC had already converted $176 million of existing assets from triple-net leases to this structure and hired a new chief investment officer to help support a $300 million pipeline.
“SHOP and our IDEA platform really represent the future growth of the company,” Malin said, pointing to lessons learned during the pandemic about the limitations of triple-net leases.
The pair also highlighted favorable demographic trends, particularly the aging baby boomer population, as a key growth driver. “We’ve stood looking at…the silver tsunami,” Kessler said. “The trajectory seems like a hockey stick straight up.”
With a portfolio currently split evenly between skilled nursing and private-pay senior housing, LTC aims to invest across both asset classes to meet seniors’ evolving care needs. The shift marks what they called “LTC version 3.0,” a strategic evolution centered on operational growth and long-term sector demand.