LTC Properties, a real estate investment trust specializing in seniors housing and healthcare properties, has appointed Eric Clark as Senior Vice President, Corporate Finance and Investor Relations.
The newly created position brings together responsibility for LTC’s capital markets activities, financial forecasting, and investor relations.
Clark will work with senior management to strengthen engagement with institutional investors, equity research analysts, and credit rating agencies as the company continues expanding its seniors housing operating portfolio.
He joins LTC from BTIG, where he served as managing director in investment banking, focusing on capital markets transactions and mergers and acquisitions.
His coverage included approximately 60 publicly traded real estate investment trusts across different property sectors.
Clark has more than 14 years of experience in real estate investment banking and capital markets, spanning both public and private real estate businesses.
Before joining BTIG, he held similar positions with Citizens JMP Securities and Wunderlich Securities.
He earned a Bachelor of Science in Business Administration from Bryant University.
LTC’s appointment comes as the company continues its strategic transition toward a greater emphasis on its seniors housing operating portfolio, commonly referred to as SHOP.
Under this structure, LTC participates more directly in the operational performance of certain seniors housing communities.
The company also continues investing through triple-net leases and joint ventures.
LTC’s portfolio includes nearly 170 properties throughout the United States.
Based on gross real estate investments, approximately 80% of its portfolio consists of seniors housing communities, with the remainder concentrated in skilled nursing facilities.
Clark’s responsibilities will include supporting capital allocation decisions and communicating LTC’s operating strategy, financial performance, and growth opportunities to the investment community.
KEY QUOTES:
“Eric brings a solid combination of capital markets expertise, strategic insight, and deep knowledge of the real estate industry. His appointment comes as LTC is building significant momentum through the continued growth of our seniors housing operating portfolio (“SHOP”). We believe Eric will be a valuable addition to our team as we execute on our growth strategy, deepen engagement with the investment community, and pursue ongoing opportunities to create sustainable long-term shareholder value.”
Cece Chikhale, Chief Financial Officer Of LTC Properties
“LTC’s transformation to a SHOP-focused REIT has accelerated its external growth capabilities and positions the Company with a higher intrinsic growth profile. This growth, along with a strong balance sheet and disciplined approach to capital allocation, creates a compelling opportunity. I look forward to leveraging my experience to help support LTC’s growth objectives and communicate the Company’s story to a wider audience.”
Eric Clark, Senior Vice President, Corporate Finance And Investor Relations At LTC Properties