United States

LTC Properties says co ‍learned that one of its lessees filed for Chapter 11 bankruptcy

Wednesday, 15 Nov 2017 06:24am EST 

Nov 15 (Reuters) - Ltc Properties Inc ::Says ‍on Nov 14 co learned that one of its lessees, Preferred Care & affiliated entities filed for Chapter 11 bankruptcy - SEC filing.Does not believe Preferred Care's bankruptcy will have a material impact on company's future financial results​.Preferred Care & entities filed for bankruptcy resulting from a legal judgement in lawsuit against preferred & affiliated entities​.Affiliated entities operate properties in Kentucky and New Mexico​. 

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