Diversified healthcare trust closes $140 million mortgage financing secured by 14 shop properties

Newton, mass.--(business wire)--diversified healthcare trust (nasdaq: dhc) today announced that it closed a $140 million mortgage financing secured by 14 senior living communities located in nine states and consisting of 1,375 units that are managed by five star senior living, an operating division of alerislife inc. this non-recourse, three-year loan has an initial maturity date of march 31, 2028, and two one-year extension options, subject to certain conditions. dhc intends to use the loan pr.
SHOP Ratings Summary
SHOP Quant Ranking