DIVERSIFIED HEALTHCARE TRUST
Close on Oct 19, 2026
- Market cap
- $1.77B
- P/E (TTM)
- –
- Dividend yield
- 0.54%
About Diversified Healthcare Trust
Real Estate Investment Trusts, SIC 6798
The company is a real estate investment trust (REIT) that primarily acquires and owns senior living communities, medical office and life science buildings, wellness centers, and other healthcare-related properties. Its portfolio includes independent living, assisted living, memory care communities, skilled nursing facilities, clinics, and medical research or laboratory spaces. Rather than managing daily operations directly, the trust leases properties under triple net, net, and modified gross leases, partnering with third-party operating and management companies. Its end customers and users are healthcare providers, physicians, medical insurers, and senior residents seeking housing or medical care.
As of December 31, 2025, the company owned 298 healthcare properties across 33 U.S. states and Washington, D.C., which included 13 assets held for sale. It also held equity interests in two unconsolidated joint ventures comprising approximately 2.2 million rentable square feet across five states. The trust is headquartered in Newton, Massachusetts.
Summary of the business section of Diversified Healthcare Trust's latest annual report, written by StockData.
Company profile
Company
- Legal name
- DIVERSIFIED HEALTHCARE TRUST
- Founded
- 1998
- Headquarters
- Newton, MA
- Address
- C/O The Rmr Group, Two Newton Pl., 255 Wash. St., Ste. 300 02458
- Phone
- (617) 796-8350
- Employees
- 600, Dec 31, 2022
- Industry
- Real Estate Investment Trusts
- Incorporated in
- Maryland
- Fiscal year ends
- December 31
- Auditor
- Deloitte & Touche LLP, Boston, Massachusetts
Stock & identifiers
- Ticker
- DHC
- Other tickers
- DHCNI, DHCNL
- Exchange
- Nasdaq
- Shares outstanding
- 242M, Jul 31, 2026
- Public float
- $776.90M, Jun 30, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 1075415
- CUSIP
- 25525P107
- ISIN
- US25525P1075
- EIN
- 04-3445278
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Christopher J. Bilotto | President and CEO, Director | 314,067 |
| Matthew C. Brown | CFO and Treasurer | 153,109 |
| Adam D. Portnoy | Director | 23,717,943 |
| Phyllis M. Hollis | Director | 100,148 |
| Dawn K. Neher | Director | 78,579 |
| Alan L. Felder | Director | 75,124 |
| Jeffrey P. Somers | Director | 177,079 |
| Lisa Harris Jones | Director | 170,287 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Christopher JBilotto | $448.52K | $675.51K | $162.14K | $129 | $165 |
| FY2024 Christopher JBilotto | $341.61K | $251.25K | $136.36K | $60 | $128 |
| FY2023 Jennifer F. Francis | $178.71K | $508.01K | $19.09K | $97 | $103 |
| FY2023 Jennifer FFrancis | $178.71K | $508.01K | $19.09K | $97 | $103 |
| FY2022 Jennifer F. Francis | $124.00K | -$75.70K | $53.85K | $16 | $91 |
| FY2022 Jennifer FFrancis | $124.00K | -$75.70K | $53.85K | $16 | $91 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2022, RMR had approximately 600 full time employees in its headquarters and regional offices located throughout the United States.”
Corporate history
Events identified from SEC filings