Form: 10-K

Annual report [Section 13 and 15(d), not S-K Item 405]

February 20, 2014

Documents


QuickLinks -- Click here to rapidly navigate through this document


EXHIBIT 21

LTC PROPERTIES, INC.

LIST OF SUBSIDIARIES

As of December 31, 2013

Company
  State of Organization  
Company
  State of Organization

Albuquerque Real Estate Investments, Inc. 

   Delaware   LTC-Lake Forest, Inc.    Delaware

Bakersfield-LTC, Inc. 

   Delaware   LTC-New Mexico, Inc.    Nevada

Beaumont Real Estate Investments, LP

   Texas   LTC-Ohio, Inc.    Delaware

Broadway Real Estate Investments, Inc. 

   Delaware   LTC-Richmond, Inc.    Nevada

BV Holding-LTC, Inc. 

   Delaware   L-Tex GP, Inc.    Delaware

Coronado Corporation

   Delaware   L-Tex LP Corporation   Delaware

Daytona Beach Real Estate Investments, Inc. 

   Delaware   Memorial Park Real Estate Investments, Inc.    Delaware

East New Mexico, Inc. 

   Delaware   Merritt Island Real Estate Investments, Inc.    Delaware

Education Property Investors, Inc. 

   Nevada   Mission Real Estate Investments, Inc.    Delaware

Florida-LTC, Inc. 

   Nevada   Missouri REI, Inc.    Delaware

Fort Wayne Real Estate Investments, Inc. 

   Delaware   Missouri River Corporation   Delaware

Gulf Breeze Real Estate Investments, Inc. 

   Delaware   MLREI Holdings, Inc.    Delaware

Hewitt Real Estate Investments, Inc. 

   Delaware   Monroeville Real Estate Investments, Inc.    Delaware

Juniper Assisted Living Residence I, LLC

   Delaware   Mountain States Real Estate Investments, Inc.    Delaware

JVC Holdings, Inc. 

   Delaware   MS-FL Real Estate Investments, Inc.    Delaware

JVCH Real Estate Investments, Inc. 

   Delaware   New Mexico Real Estate Investments, Inc.    Delaware

JVCO Real Estate Investments, Inc. 

   Delaware   Newberry Real Estate Investments, Inc.    Delaware

JVFH Real Estate Investments, Inc. 

   Delaware   NMKS Holdings, Inc.    Delaware

JVWL Real Estate Investments, Inc. 

   Delaware   NMKS Real Estate Investments, Inc.    Delaware

Kansas-LTC Corporation

   Delaware   North Carolina Real Estate Investments, LLC   North Carolina

Lakes Real Estate Investments, Inc. 

   Delaware   Ohio Springs Real Estate Investments, Inc.    Delaware

LTC GP I, Inc. 

   Delaware   Park Villa Corporation   Delaware

LTC GP VI, Inc. 

   Delaware   PENN-IND Real Estate Investments, Inc.    Delaware

LTC West, Inc. 

   Nevada   RC Real Estate Investments, Inc.    Delaware

LTC-Bedford, Inc. 

   Delaware   Red Oak Real Estate Investments, Inc.    Delaware

LTC-Dearfield, Inc. 

   Nevada   Skilled Healthcare Holdings, Inc.    Delaware

LTC-DS, Inc. 

   Delaware   South Hills Real Estate Investments, Inc.    Delaware

LTC-Finance, Inc. 

   Delaware   Stephenville Real Estate Investments, Inc.    Delaware

LTC-Gardner, Inc. 

   Delaware   SWTX Real Estate Investments, Inc.    Delaware

LTC-Griffin, Inc. 

   Nevada   Texas-LTC Limited Partnership   Texas

LTC-Jonesboro, Inc. 

   Nevada   Texas-LTC Woodridge Limited Partnership   Delaware

LTC-K1 Inc. 

   Delaware   Tupelo Real Estate Investments, Inc.    Delaware

LTC-K2 Limited Partnership

   Delaware   TXMS Real Estate Investments, Inc.    Delaware

LTC-K2 LP, Inc. 

   Delaware   Vacaville-LTC, Inc.    Delaware

LTC-K2, Inc. 

   Delaware   Virginia-LTC, Inc.    Nevada



QuickLinks

LTC PROPERTIES, INC. LIST OF SUBSIDIARIES As of December 31, 2013