Life Time Group Holdings, Inc. ("Life Time" or the "Company") (NYSE: LTH) announced that on Friday, June 28, 2024, it closed on a sale-leaseback transaction for two properties totaling $90 million in gross proceeds. This transaction brings the Company's total gross proceeds from sale-leasebacks to $130 million year-to-date. The Company is also in negotiations for additional sale-leasebacks with expected gross proceeds of $40-$65 million, which it expects to close by the end of the third quarter.
As Father's Day approaches, Life Time (NYSE: LTH) is celebrating and sharing wisdom from Dads who make their health and wellness a priority.
Investors need to pay close attention to Life Time Group (LTH) stock based on the movements in the options market lately.