LTC Properties Inc. announced that it has added to its management team. Doug Korey joins LTC as Senior Vice President of Business Development, a newly created position. Korey brings 25 years of experience in the seniors housing and care industry, most recently as President of Lancaster Pollard Finance Co., a specialty finance company.
He is a member of the board of directors of the National Investment Center for Seniors Housing & Care (NIC) and holds a master's degree in real estate finance and investment from New York University. Mandi Hogan has been named LTC's Director of Marketing, succeeding Mark Hemingway, Vice President of Marketing, who is retiring as a full time employee effective February 29, 2016, but will remain with LTC on a part time basis after that time. Hogan joins LTC with more than 20 years of marketing experience, most recently as National Director, Marketing, with National Health Investors.
LTC Properties, Inc. is a real estate investment trust (REIT). The Company invests in seniors housing and health care properties through sale-leasebacks, mortgage financing, joint ventures, construction financing and structured finance solutions including preferred equity, and mezzanine lending. It invests in various properties, including skilled nursing centers (SNF), which provides restorative, rehabilitative and nursing care; Assisted living facilities (ALF), which serves people who require assistance with activities of daily living; Independent living facilities (ILF), also known as retirement communities or senior apartments, offers a community and numerous levels of service, such as laundry, housekeeping, dining options/meal plans, exercise and wellness programs, transportation, social, cultural and recreational activities, on-site security, and others, and Memory care facilities (MC), offers specialized options for people with Alzheimerâs disease and other forms of dementia.