Specializing in TLC, LTC Properties sees long-term care real estate as a healthy investment. The self-administered real estate investment trust (REIT) mostly invests in health care and long-term care facilities. Its portfolio includes more than 220 assisted living, skilled-nursing and other healthcare properties with nearly 15,000 living units across 30 states, with its largest markets being in Texas, Florida, Colorado, and Arizona. Its top tenant operators include Brookdale Senior Living, Prestige Healthcare, Senior Care Centers, and Senior Lifestyle Corporation, which in aggregate contribute around 45% to its total rental income. The REIT also invests in mortgage loans tied to long-term care properties.