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LTC Expands Juniper, Oxford Relationships as Senior Lifestyle Exit Nears Completion

LTC Properties (NYSE: LTC) has nearly exited its relationship with Senior Lifestyle Corp., expanding its partnerships with Juniper Communities and Oxford Senior Living in the process.

LTC — a real estate investment trust (REIT) based in Westlake Village, California — decided before the Covid-19 pandemic to transition its portfolio operated by Chicago-based Senior Lifestyle, one of the largest providers in the United States.

Through April 2021, 12 of LTC’s Senior Lifestyle properties had gone to other operators, namely Randall Residences, Encore Senior Living and Graceful Senior Living. In Q2 2021, LTC sold three assisted living communities operated by Senior Lifestyle

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