LTC Properties, Inc. Hires Brent P. Chappell as Vice President, Investment and Portfolio Management and Announces New Marketing Position for Mark Hemingway

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)-- LTC Properties, Inc. (NYSE:LTC) today announced the hiring of Brent P. Chappell as Vice President, Investment and Portfolio Management. Mr. Chappell will join the Company on June 10, 2013.

Mr. Chappell comes to LTC with over 25 years of asset/portfolio management experience, most recently as VP, Portfolio Management for Nationwide Health Properties, Inc., (now Ventas, Inc. (NYSE:VTR)). He holds a Masters of Business Administration degree specializing in Finance from University of California, Irvine.

Mark Hemingway, who was previously involved in both asset management and marketing roles for the Company, will assume full responsibility for the Company’s marketing initiative as Vice President, Marketing effective June 10th.

Wendy L. Simpson, LTC’s CEO and President, commented, “We are very pleased Brent has elected to continue his career by joining the LTC management team. His knowledge of and experience in our industry will provide many benefits in supporting LTC’s continued growth. Mark has excelled in his previous more limited marketing role and will continue to be a highly effective growth agent as he assumes leadership in this important position within the Company.”

The Company is a self-administered real estate investment trust that primarily invests in long-term care and other health care related facilities through mortgage loans, facility lease transactions and other investments. For more information on LTC Properties, Inc., visit the Company’s website at www.LTCProperties.com.

LTC Properties, Inc.
Wendy L. Simpson, CEO & President
Pam Kessler, EVP & CFO
(805) 981-8655

Source: LTC Properties, Inc.

Released June 4, 2013