DHC completes management transition of former Five Star communities; operator exits skilled nursing
By
Kimberly Bonvissuto
Nov 18, 2021
Ahead of schedule, Diversified Healthcare Trust announced late Wednesday that it completed the management transitions for 107 of senior living communities formerly managed by Five Star Senior Living. The...
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...
Proposed merger ‘best path forward’ for DHC, REIT says, but shareholder group disagrees
By
Kathleen Steele Gaivin
May 24, 2023
The “inconsistent” performance of the senior housing properties in Diversified Healthcare Trust’s portfolio is one reason that the Newton, MA-based real estate investment trust’s previously announced...
DHC: 65 percent of residents vaccinated; sales leads up 83 percent since start of fourth quarter
By
Amy Novotney
Feb 02, 2021
Diversified Healthcare Trust announced a series of business updates Monday regarding the ongoing effects of the COVID-19 pandemic on the real estate investment trust’s business and operating results.
As talks continue about a proposed merger between real estate investment trusts Diversified Healthcare Trust and Office Properties Income Trust, the accumulation of shares of DHC stock by Adam Portnoy...
Diversified Healthcare Trust senior living portfolio on path to stabilization: CEO
By
Kimberly Bonvissuto
Aug 05, 2022
Diversified Healthcare Trust’s second-quarter results showed continued and encouraging recovery for the senior living portfolio, President and CEO Jennifer Francis said during Thursday’s earnings call.
Sabra reports occupancy declines due to COVID-19; other companies also negatively affected
By
Amy Novotney
May 08, 2020
Irvine, CA-based Sabra Health Care REIT declared a quarterly cash dividend of 30 cents per share of common stock Wednesday, to be paid on May 29 to common stockholders of record as of the close of business...
Merger remains ‘best path,’ DHC CEO says, as senior living properties struggle with pandemic recovery
By
Kimberly Bonvissuto
Jul 28, 2023
Diversified Healthcare Trust’s pending merger with Office Properties Income Trust remains the “best path” forward as DHC’s senior housing operating portfolio continues to struggle in its COVID-19...
Diversified Healthcare Trust transitions 8 more Five Star properties to new operators
By
Kathleen Steele Gaivin
Aug 25, 2021
As part of Five Star Senior Living’s previously announced plan to exit the management of 108 smaller senior living communities as it focuses on larger communities, Diversified Healthcare Trust has entered...
Diversified Healthcare Trust: Future in ‘substantial doubt’ as stand-alone company
By
Lois A. Bowers
May 10, 2023
“Current conditions raise substantial doubt about our company’s ability to continue as a going concern as a stand-alone company,” Diversified Healthcare Trust President and CEO Jennifer Francis said...