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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20459
__________
FORM 8-K
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of report: February 2, 2006
(Date of earliest event reported)
LTC PROPERTIES, INC.
(Exact name of Registrant as specified in its charter)
Maryland 1-11314 71-0720518
(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) file number) Identification No.)
31365 Oak Crest Drive, Suite 200
Westlake Village, CA 91361
(Address of principal executive offices)
(805) 981-8655
(Registrant's telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))
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Item 8.01. -- Other Events
On February 2, 2006, LTC Properties, Inc. announced that it had sold for $58.5
million, four assisted living properties containing 431 units to an entity
formed by the principals of Sunwest Management, Inc. ("Sunwest"). The properties
were originally acquired by LTC in 1998 for $32.7 million, had a net book value
after depreciation of $26.5 million and were leased to HFJ, LLC, a Sunwest
managed entity, under a master lease that provided annual rental income of
approximately $4.1 million. A copy of the press release is furnished as Exhibit
99.1 to this Form 8-K and is incorporated herein by reference. Such information
shall not be deemed "filed" for the purposes of Section 18 of the Securities
Exchange Act of 1934, as amended, and is not incorporated by reference into any
filing of the company, whether made before or after the date hereof, regardless
of any general incorporation language in such filing.
Item 9.01. -- Financial Statements and Exhibits
(a) Financial Statements of Business Acquired.
None.
(b) Pro Forma Financial Information
None.
(c) Exhibits.
99.1 Press Release issued February 2, 2006.
SIGNATURE
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange
Act of 1934, the Registrant has duly caused this report to be signed on its
behalf by the undersigned, hereunto duly authorized.
LTC PROPERTIES, INC.
Dated: February 2, 2006 By: /s/ WENDY L. SIMPSON
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Wendy L. Simpson
President, COO, CFO and Treasurer