LTC

EQS-News: Instone Group achieves upper end of earnings guidance; outlook for 2024 assumes continued solid profitability in a year of transition

Retrieved on: 
Wednesday, April 10, 2024

Instone Group achieves upper end of earnings guidance; outlook for 2024 assumes continued solid profitability in a year of transition

Key Points: 
  • Instone Group achieves upper end of earnings guidance; outlook for 2024 assumes continued solid profitability in a year of transition
    The issuer is solely responsible for the content of this announcement.
  • The negative effects of higher interest rates and the increased uncertainty of private and institutional investors remained clearly noticeable in 2023.
  • However, there was an upturn in retail sales during the course of the year and particularly in the final quarter.
  • The Instone Group continues to benefit from the high share of projects that have already been sold.

OKX Publishes 17th Consecutive Proof of Reserves, Highlighting USD22.1 Billion in Primary Assets

Retrieved on: 
Thursday, March 28, 2024

This marks the 17th consecutive month of the exchange's Proof of Reserves (PoR) reports, which highlight the reserve ratios of the 22 most frequently traded assets on OKX: BTC, ETH, USDT, USDC, XRP, DOGE, SOL, OKB, APT, DOT, ELF, EOS, ETC, FIL, LINK, LTC, OKT, PEOPLE, TON, TRX, UNI and BCH.

Key Points: 
  • This marks the 17th consecutive month of the exchange's Proof of Reserves (PoR) reports, which highlight the reserve ratios of the 22 most frequently traded assets on OKX: BTC, ETH, USDT, USDC, XRP, DOGE, SOL, OKB, APT, DOT, ELF, EOS, ETC, FIL, LINK, LTC, OKT, PEOPLE, TON, TRX, UNI and BCH.
  • As with its previous reports, OKX's 17th PoR reveals reserve ratios of over 100% for all of these assets, ensuring that user funds are backed 1:1.
  • The current reserve ratios for OKX's primary assets are as follows:
    OKX Global Chief Commercial Officer Lennix Lai said: "Our 17th consecutive PoR reinforces our commitment to trust-building and transparency in the crypto ecosystem.
  • At OKX, we remain dedicated to providing users with trustworthy tools to navigate the new financial landscape confidently."

LTC Announces Date of First Quarter 2024 Earnings Release, Conference Call and Webcast

Retrieved on: 
Tuesday, April 9, 2024

LTC Properties Inc. (NYSE: LTC) (“LTC” or the “Company”), will release first quarter earnings on Monday, April 29, 2024 after market close.

Key Points: 
  • LTC Properties Inc. (NYSE: LTC) (“LTC” or the “Company”), will release first quarter earnings on Monday, April 29, 2024 after market close.
  • LTC will conduct a conference call on Tuesday, April 30, 2024 at 8:00 a.m. Pacific / 11:00 a.m. Eastern, to provide commentary on the performance and operating results for the quarter ended March 31, 2024.
  • Interested parties may access the live conference call via the following:

Stephanie Carman Joins Underscore Marketing as SVP Client Services; Tiffany Marg Joins Strategy Team

Retrieved on: 
Tuesday, April 9, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240408262170/en/
    Tiffany Marg & Steph Carman (Photo: Business Wire)
    Tiffany has over 20 years of experience in pharmaceutical marketing, building brands and executing campaigns.
  • In her previous role as SVP of Client Services, Tiffany was dedicated to building a first-class service team for Underscore’s clients, ensuring alignment between their ongoing business needs and goals and the execution of Underscore’s strategy and solutions.
  • Tiffany stated, “I am proud of the team we’ve built to lead our client engagements at Underscore and am excited for this next opportunity.
  • I originally came to Underscore because I was passionate about ensuring alignment between clients’ business objectives, brand and creative strategy, and media engagement strategy.

LTC Originates $12.7 Million Loan for Purchase of Skilled Nursing/Assisted Living Campus

Retrieved on: 
Wednesday, April 3, 2024

LTC Properties Inc. (NYSE: LTC) (“LTC” or the “Company”), a real estate investment trust that primarily invests in seniors housing and health care properties, today announced that it has originated a $12.7 million senior loan to Ignite Medical Resorts (“Ignite”), a current LTC operator, for the purchase of a skilled nursing and assisted living campus in Katy, Texas.

Key Points: 
  • LTC Properties Inc. (NYSE: LTC) (“LTC” or the “Company”), a real estate investment trust that primarily invests in seniors housing and health care properties, today announced that it has originated a $12.7 million senior loan to Ignite Medical Resorts (“Ignite”), a current LTC operator, for the purchase of a skilled nursing and assisted living campus in Katy, Texas.
  • The five-year loan is interest only at a current rate of 9.15% and includes a CapEx investment of approximately $800,000 for campus improvements.
  • LTC expects this investment to generate approximately $884,000 of revenue in 2024.
  • The campus was built in 2017, and includes 78 units (48 skilled nursing and 30 assisted living) and 104 licensed beds (70 skilled nursing and 34 assisted living).

LTC Declares Its Monthly Common Stock Cash Dividend for the Second Quarter of 2024

Retrieved on: 
Monday, April 1, 2024

LTC Properties Inc. (NYSE: LTC) (“LTC” or the “Company”) announced today that it had declared a monthly cash dividend of $0.19 per common share per month for the second quarter of 2024. Distribution dates are outlined in the table below.

Key Points: 

LTC Properties Inc. (NYSE: LTC) (“LTC” or the “Company”) announced today that it had declared a monthly cash dividend of $0.19 per common share per month for the second quarter of 2024. Distribution dates are outlined in the table below.

LTC to Participate in the Deutsche Bank Inaugural Healthcare REIT Summit

Retrieved on: 
Wednesday, March 27, 2024

LTC Properties, Inc. (NYSE: LTC), a real estate investment trust that invests in seniors housing and health care properties, today announced senior management will participate in the Deutsche Bank Inaugural Healthcare REIT Summit in New York on Tuesday, April 2, 2024.

Key Points: 

LTC Properties, Inc. (NYSE: LTC), a real estate investment trust that invests in seniors housing and health care properties, today announced senior management will participate in the Deutsche Bank Inaugural Healthcare REIT Summit in New York on Tuesday, April 2, 2024.

Illumifin Publishes its 10th Annual Cost of Care Study; Reveals Significant Increase in Cost of Home Health Care Services Nationwide.

Retrieved on: 
Wednesday, March 27, 2024

WOODBURY, Minn., March 27, 2024 /PRNewswire/ -- illumifin, the leading insurance administration and claims solution provider for long term care (LTC) insurance, has just released its 2023 Cost of Care study and comprehensive analysis. Now in its tenth year, this longitudinal study includes national, state and regional costs of various care services, spanning skilled nursing, adult day care, home health care and assisted living facilities.

Key Points: 
  • Now in its tenth year, this longitudinal study includes national, state and regional costs of various care services, spanning skilled nursing, adult day care, home health care and assisted living facilities.
  • illumifin's Cost of Care study gathers tens of thousands of data points from care providers nationwide, with results normalized by the company's in-house actuarial and data science teams.
  • In addition, care providers benefit from understanding the market rates for services in their area.
  • For more information regarding illumifin's Cost of Care Study, please contact Jennifer Frost via email at [email protected] .

Canada signs $29 million bilateral agreement to help Islanders age with dignity

Retrieved on: 
Tuesday, March 26, 2024

MONTAGUE, PE, March 26, 2024 /CNW/ - Every senior in Canada deserves to age in dignity, safety, and comfort, regardless of where they live.

Key Points: 
  • MONTAGUE, PE, March 26, 2024 /CNW/ - Every senior in Canada deserves to age in dignity, safety, and comfort, regardless of where they live.
  • This funding builds on the $94 million bilateral agreement that was announced with the province in December 2023, as part of the Government's Working Together to Improve Health Care for Canadians plan.
  • Through the Aging with Dignity agreement, federal funding will support Prince Edward Island's five-year action plan to improve health care for seniors.
  • It is important to support our Island seniors age with dignity through home care, community care, long term care and more.

Alan C. Kifer Named National Social Security Advisor of the Year

Retrieved on: 
Monday, March 25, 2024

CINCINNATI, March 25, 2024 /PRNewswire-PRWeb/ -- The National Social Security Association in Cincinnati has selected Alan C. Kifer as its National Social Security Advisor (NSSA) of the Year. Kifer is the Founder, President and Chief Executive Officer (CEO) of "TOPGUN" Financial Planning LLC of East Brainerd, Tennessee.

Key Points: 
  • CINCINNATI, March 25, 2024 /PRNewswire-PRWeb/ -- The National Social Security Association in Cincinnati has selected Alan C. Kifer as its National Social Security Advisor (NSSA) of the Year.
  • The National Social Security Association is renowned for its NSSA Certificate Program, which trains professional advisors, setting a national standard for Social Security planning, education, and training.
  • "Alan is known for his dedication to guiding clients through retirement planning, focusing on enhancing their Social Security benefits," stated Kiner.
  • More than 2,700 advisors have been awarded the National Social Security Advisor certificate since 2013, according to Premier partner Jim Blair, a 35-year veteran of the Social Security Administration.