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Diversified Healthcare Trust Appoints Christopher Bilotto As President And CEO
(RTTNews) - Diversified Healthcare Trust (DHC) announced Friday that Christopher Bilotto has been appointed President and Chief Executive Officer, effective January 1, 2024.
Bilotto is an Executive Vice President of The RMR Group (RMR). Prior to joining RMR in 2011, he worked at General Growth Properties in various management roles.
Bilotto succeeds Jennifer Francis who is retiring from RMR on July 1, 2024 and therefore resigning from her executive officer positions at DHC and RMR, effective December 31, 2023. Francis has been a member of DHC senior management since 2018 and a Managing Trustee of DHC since 2021. She will continue as a Managing Trustee of DHC.
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Diversified Healthcare To Sell 18 Triple Net Leased Senior Living Communities To Brookdale
Diversified Healthcare Trust (DHC) announced Monday it has entered into a purchase and sale agreement with Brookdale Senior Living Inc. (BKD) to sell 18 triple net leased senior living communities that Brookdale currently leases from DHC for $135 million.
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