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Thursday, Apr 25, 2024

LTC Net Rises

LTC Properties Inc., a Westlake Village-based real estate investment trust, reported net income available to shareholders of $6.8 million or $0.29 per share for the third quarter ended Sept. 30. That compares with net income of $5.9 million or $0.26 per share for the comparable period a year ago. Revenues increased to $18.1 million for the quarter, versus $17 million for the same period last year.

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