DIVERSIFIED HEALTHCARE TRUST

Diversified Healthcare Trust is a real estate investment trust that acquires and owns healthcare properties across the United States. The company's portfolio consists of senior living facilities, medical office buildings, and life science properties, generating revenue primarily through lease agreements with healthcare operators and tenants. As of September 30, 2025, DHC owned approximately 335 properties located in 34 states and Washington, D.C., representing roughly $6.7 billion in real estate assets.

The company's property portfolio includes more than 26,000 senior living units and approximately 6.9 million square feet of medical office and life science space. These properties are occupied by approximately 420 tenants operating across various healthcare disciplines and service delivery models. This diversification strategy spans both property type and geographic location to reduce concentration risk within the healthcare real estate sector.

Diversified Healthcare Trust is managed by The RMR Group, an alternative asset management firm with approximately $39 billion in assets under management as of September 30, 2025. RMR provides investment management, property management oversight, and operational guidance leveraging more than 35 years of experience in commercial real estate transactions and management. The company is headquartered in Newton, Massachusetts and trades on the Nasdaq.