Second-quarter earnings calls continued Friday with updates from CareTrust REIT, Diversified Healthcare Trust, Omega Healthcare Investors and Ventas.
Business briefs, April 4
By
Kathleen Steele Gaivin
Apr 04, 2024
Diversified Healthcare Trust reports occupancy dips, NOI increases … Medicaid unwinding complicates care decisions for some assisted living providers … DOL to host May 15 online meeting to hear public...
Business briefs, Jan. 12
By
Kathleen Steele Gaivin
Jan 12, 2024
Senior living occupancy rate increases for 10th consecutive quarter: NIC … 20 states make changes to assisted living regs … Initial claims for unemployment decrease by 1,000 week over week … CPI...
Diversified Healthcare Trust reports dip in net operating income
By
Kathleen Steele Gaivin
Nov 30, 2023
Net operating income has decreased for Diversified Healthcare Trust, or DHC, the real estate investment trust reported Wednesday in its monthly update pertaining to its senior housing operating portfolio,...
DHC will regain compliance by end of 2024, execs predict
By
Kathleen Steele Gaivin
Nov 03, 2023
Diversified Healthcare Trust has more than $700 million of debt coming due next year and remains out of compliance with its debt and current covenant. But the Newton, MA-based real estate investment trust,...
Proposed merger ‘best opportunity’ for DHC to handle debt, Francis says
By
Kathleen Steele Gaivin
Aug 03, 2023
Diversified Healthcare Trust’s proposed merger with Office Properties Income Trust is expected to close after shareholders vote Aug. 30, the real estate investment trust’s president, CEO and managing...
Merger with OPI still ‘best path’ for DHC, top exec says
By
Kathleen Steele Gaivin
Jul 28, 2023
A proposed merger with Office Properties Income Trust is the “best path for long-term value preservation” for Newton, MA-based Diversified Healthcare Trust, DHC’s President and CEO Jennifer Francis...
DHC, OPI merger ‘best alternative’ to resolving maturing debt, CEO says
By
Kathleen Steele Gaivin
Jun 27, 2023
Diversified Healthcare Trust has not been in compliance with its debt incurrence covenant for more than two years, the Newton, MA-based real estate investment trust disclosed Monday.