WESTLAKE VILLAGE, Calif.—LTC Properties Inc. (NYSE: LTC), a real estate investment trust that invests in senior living and health care properties, announced the promotions of Pam Kessler and Clint Malin to the newly created positions of co-presidents. Kessler will retain her role as LTC’s chief financial officer, and Malin will continue as the company’s chief investment officer. Wendy Simpson remains LTC’s chairman and CEO.
“The promotions of Pam and Clint reflect the many years of significant contributions they have made to LTC, both individually and as a cohesive team, along with their shared strategic vision and experiences that will help guide LTC’s future,” said Simpson.
“Their complementary skill sets will maintain the Company’s legacy, while preparing for LTC to seamlessly transition into the next phase of our growth and evolution as a long-term investor in seniors housing and care,” Simpson added.
Kessler joined LTC in 2000, and has been the company’s executive vice president, chief financial officer and secretary since 2010. Prior to joining LTC, she was corporate controller for a privately held commercial and multifamily real estate developer, director of financial reporting for irvine apartment communities, and assistant controller of the Inland Empire division of KB Home. Kessler began her career as a certified public accountant at Ernst & Young.
Malin joined LTC in 2004 and has been the company’s executive vice president and chief investment officer since 2012. Prior to joining LTC, he was vice president of corporate real estate for Sun Healthcare Group, Inc. (now Genesis HealthCare), where he was responsible for acquisitions and portfolio management. Malin began his career in public accounting at KPMG and Arthur Andersen.
About LTC Properties
LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties primarily through sale-leasebacks, mortgage financing, joint-ventures and structured finance solutions including preferred equity and mezzanine lending. LTC holds 180 investments in 27 states with 29 operating partners. The portfolio is comprised of investments of approximately 50 percent seniors housing and 50 percent skilled nursing properties. Learn more at LTCreit.com. To read LTC’s latest statement on COVID-19, please click here.
Get updates on the latest news impacting senior living through our Argentum Daily newsletter.