Executive Chairman of the Board, Cousins Properties
Search every verified Wendy Simpson interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. In 2014, Simpson stated that LTC Properties was focused on growing at a "measured pace" and that its investment "sweet spot" remained assisted living, memory care, and skilled nursing. She noted the company was preparing to re-lease 37 properties after TPG, which had acquired Assisted Living Concepts, decided not to exercise its renewal option. Simpson expressed excitement about finding new operators, particularly regional players, and praised the physical condition of the properties while acknowledging occupancy challenges. By 2017, Simpson described the health care real estate investment environment as "relatively challenging," citing high prices and the company's commitment to "stringent underwriting standards." She stated that LTC would prioritize coverage over returns and was increasingly investing in newer memory care and assisted living properties. Simpson also expressed interest in technology that connects patients with physicians and tracks outcomes.
“It's been relatively challenging the prices still have not come down where we expected they might. We still have very stringent underwriting standards relative to coverage and total cost, so it's been more challenging this year than it had in the last two years.”
“If we have to trade-off return to coverage, we will take coverage, so we'll get a little less of a return for a better coverage.”
“We really want to invest in the newer property and we still are supportive of the local regional operator, so generally those are smaller deals.”
“We are doing a lot more in supporting building of memory care and assisted living properties and that is a strategy that we started about four years ago.”
CEO Wendy Simpson says health care REIT upholding stringent underwriting standards. To learn more about LTC Properties, ...
In this "Expert Opinion" interview, Wendy Simpson, President and CEO, LTC Properties, discusses growing REITS, memory care, ...
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