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LTC Announces David Boitano as New Chief Investment Officer

1. LTC appoints David Boitano as EVP and CIO, strengthening its leadership. 2. Clint Malin promoted to Co-CEO, suggesting strategic shifts in the company.

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FAQ

Why Bullish?

Leadership changes often indicate strategic growth. Similar moves in REITs have historically led to positive trends.

How important is it?

The new leadership may drive investment strategy, impacting LTC’s financial performance and investor confidence.

Why Short Term?

Immediate leadership changes can quickly affect investor sentiment. Previous appointments in REITs have shown short-term stock reactions.

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WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--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 the appointment of industry veteran, David Boitano, as Executive Vice President and Chief Investment Officer, following the promotion of Clint Malin to Co-Chief Executive Officer in December 2024. Boitano has spent most of his seniors housing and health care finance career at Ven.

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