LTC Properties Inc. Announces the Demise of Andre C. Dimitriadis, Executive Chairman of the Board
August 14, 2013 at 05:00 pm
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LTC Properties Inc. announced that Andre C. Dimitriadis, its founder and Executive Chairman of the Board, has died after a long and courageous battle with a chronic illness. Mr. Dimitriadis was the company's Chairman and Chief Executive Officer from inception through March 2007. In March 2007, Mr. Dimitriadis assumed the position of Executive Chairman.
Prior to founding LTC, he was the Executive Vice President and Chief Financial Officer of Beverly Enterprises from 1989 to 1992, the Executive Vice President and Chief Financial Officer of American Medical International from 1984 to 1989 and the Chief Financial Officer of Western Airlines from 1982 to 1984.
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.
LTC PROPERTIES, INC. 
