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...
DHC leads the pack as REIT stocks soar at end of year: report
By
Kathleen Steele Gaivin
Jan 08, 2024
Real estate investment trusts for the most part saw their stocks soar as 2023 came to an end, according to S&P Global Market Intelligence. The fourth quarter saw REIT share prices “outperforming the...
Month-over-month occupancy up 20 basis points in Diversified Healthcare Trust’s portfolio
By
Kathleen Steele Gaivin
Jan 02, 2024
November occupancy was 80.1% in Diversified Healthcare Trust’s senior housing operating portfolio, the Newton, MA-based real estate investment trust disclosed Thursday in a press release.
Actions & Transactions, Dec. 21
By
Kathleen Steele Gaivin
Dec 21, 2023
Diversified Healthcare Trust issues $941M of senior secured notes to pay off existing debt … CareTrust REIT announces quarterly dividend of $0.28 per share … Diversicare to assume ownership of Birmingham,...
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,...
People in the news, Nov. 21
Nov 21, 2023
Appointments, promotions and other news at Anthemion Senior Lifestyle, Association of Jewish Aging Services, Buckner Retirement Services, Central Baptist Village, DIGroup Architecture, Diversified Healthcare...
DHC announces new president and CEO, retirement of Jennifer Francis
By
Kimberly Bonvissuto
Nov 20, 2023
Diversified Healthcare Trust will see a change at the top in 2024 with the retirement of President and CEO Jennifer Francis.
Business briefs, Nov. 20
By
Kathleen Steele Gaivin
Nov 20, 2023
DHC appoints new president and CEO, announces retirement of Jennifer Francis … Senior living community donates $100K to build new senior and community center … Industry group urges increased support...
DHC looks to senior living community sales, other strategies, to recover
By
Kimberly Bonvissuto
Nov 03, 2023
Diversified Healthcare Trust is implementing a recovery strategy to return the company to a position of growth, pinning its hopes on continued improvement in its senior housing operating portfolio, although...
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,...