Specialized REIT's

LTC Properties, Inc. (NYSE: LTC) announced today that it acquired two skilled nursing facilities with a total of 288 licensed beds for $54.0 million. One property located in Cincinnati, Ohio was built in 2009 and the other property, located in Dayton, Ohio, was built in 2010. The acquisition was...

LTC Properties, Inc. (NYSE: LTC) announced today that it entered into a private placement of 12-year senior unsecured notes (the “Notes”) in the aggregate amount of $85.8 million to a group of institutional investors. The Notes bear interest at 5.03%, mature on July 19, 2024 and have scheduled...

Goldman Sachs downgraded LaSalle Hotel Properties (NYSE: LHO) from “buy” to “neutral.” LaSalle Hotel's shares closed at $26.82 on Friday. LaSalle Hotel's PEG ratio is 2.12. Analysts at RBC Capital downgraded Textron (NYSE: TXT) from “outperform” to “sector perform.” Textron's shares closed at $26....

LTC Properties, Inc. (NYSE: LTC) (“the Company”) announced today that it acquired a skilled nursing property with 90 licensed beds for $6.5 million. The property is located in Brownwood, Texas and was built in 2011. The acquisition was funded from the Company's unsecured revolving line of credit....

Below are the top small-cap REIT-healthcare facilities stocks on the NYSE and the NASDAQ in terms of PEG ratio. Medical Properties Trust (NYSE: MPW) has a PEG ratio of 1.02. Medical Properties Trust's trailing-twelve-month revenue is $152.36 million. Sabra Health Care REIT (NASDAQ: SBRA) has a...

LTC Properties, Inc. (NYSE: LTC) (“the Company”) announced today that it completed an amendment to its unsecured revolving credit facility increasing the commitment to $240 million with the ability to increase commitments up to $350 million. Additionally, the Company's lenders reduced the drawn...

LaSalle Hotel Properties (NYSE: LHO) today announced that it increased its dividend to $0.20 per common share of beneficial interest for the quarter ending June 30, 2012. The second quarter dividend will be paid on July 13, 2012 to common shareholders of record on June 29, 2012.

LTC Properties, Inc. (NYSE: LTC) announced today that it acquired a skilled nursing property with 144 licensed beds for $18,600,000. The property is located in Red Oak, Texas (Dallas-Ft. Worth MSA) and was built in 2002. The acquisition was funded from the Company's unsecured revolving line of...

Morgan Stanley increases its price target $2 to $26 on Equal-weight-rated LaSalle Hotel Properties (NYSE: LHO), following model updates. Morgan Stanley notes, "We completed a regular model update for LHO and maintain our EW rating. Our 2012E EPS goes from $0.46 to $0.68 and our PT increases from...

Deutsche Bank raises its price target 50 cents to $25.50 on Hold-rated LaSalle Hotel Properties (NYSE: LHO) on acquisition and raised guidance. Deutsche Bank says, "LHO announced the acquisition of the Hotel Palomar in Washington D.C. and raised 2012 guidance. LHO is paying for $143.8 mm, or $429,...

LaSalle Hotel Properties (NYSE: LHO) today announced the acquisition of Hotel Palomar, Washington, DC for $143.8 million in an off-market transaction. The 335-room urban, full service hotel is located near Dupont Circle at 2121 P Street, NW. As disclosed in its fourth quarter 2011 earnings release...

LaSalle Hotel Properties (NYSE: LHO) today announced the acquisition of Hotel Palomar, Washington, DC for $143.8 million in an off-market transaction. The 335-room urban, full service hotel is located near Dupont Circle at 2121 P Street, NW. As disclosed in its fourth quarter 2011 earnings release...

Stifel Nicolaus lowers its rating on LTC Properties (NYSE: LTC) to Hold from Buy as shares exceed price target (now pulled). Stifel Nicolaus comments, "LTC currently trades at 14.8x price to forward twelve months FAD versus a five-year historical average of 13.2x, though we think the multiple...

RBC Capital Downgrades Lasalle Hotel Properties (NYSE: LHO) to Outperform.

Stifel Nicolaus reiterates its Buy rating on LTC Properties (NYSE: LTC) and raises its price target to $32 from #30 per share as it introduces estimates for 2013. Stifel Nicolaus says, "We are introducing 2013 FFO and FAD per share estimates of $2.43 and $2.42, respectively, indicating 6.1% FFO...