- LTC Properties (LTC, Financial) appoints David Boitano as Executive Vice President and Chief Investment Officer.
- David Boitano has a proven track record with over $5.0 billion in transaction experience at Ventas.
- The appointment supports LTC's strategic focus on expanding its RIDEA platform.
LTC Properties, Inc. (LTC), a real estate investment trust specializing in seniors housing and healthcare properties, has announced the appointment of David Boitano as Executive Vice President and Chief Investment Officer. This strategic hire follows the promotion of Clint Malin to Co-Chief Executive Officer in December 2024.
David Boitano comes to LTC with extensive industry experience, having played a pivotal role in sourcing investments, including RIDEA, during his tenure at Ventas. He has managed direct underwriting responsibilities for transactions exceeding $5.0 billion. His expertise is expected to be instrumental in driving the growth and expansion of LTC's RIDEA platform.
"We are delighted to welcome Dave to LTC," said Clint Malin and Co-Chief Executive Officer Pam Kessler. "With an impressive track record in the seniors housing and healthcare finance sector, Dave has cultivated strong industry relationships and demonstrated success in building real estate portfolios. We believe his deep expertise will be invaluable as we drive growth and expand LTC’s RIDEA platform."
Boitano expressed his enthusiasm about joining the company at a significant time in its development, stating, "I am excited to be joining LTC, especially now at a pivotal time as the Company embarks on its RIDEA strategy. Throughout my career, I’ve admired LTC’s ability to provide flexible and innovative financing solutions that support its operating partners in an evolving market. I look forward to contributing to the Company’s continued success."
LTC Properties continues to focus on its strategic initiatives, leveraging its investment portfolio that includes 189 properties in 25 states, comprised equally of seniors housing and skilled nursing properties. The company remains committed to expanding its operational strategies through sale-leasebacks, mortgage financing, joint-ventures, and structured finance solutions.
For more information, visit LTC's website at www.ltcreit.com.