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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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302 days ago
European Shares Inch Higher On Earnings Boost
European stocks advanced on Tuesday, with sentiment underpinned by positive earnings news and eased worries of a trade war.
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5 minutes ago
Asian Shares Mixed As US-China Talks Continue
Asian stocks ended Tuesday's session on a mixed note as investors looked past the U.S.-EU trade deal and awaited the outcome of ongoing U.S.-China talks in Stockholm.
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36 minutes ago
Euro Falls Against Majors
The euro weakened against other major currencies in the pre-European session on Tuesday.
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2h 44min ago
European Economic News Preview: UK Mortgage Approvals Data Due
Mortgage approvals from the UK and flash GDP from Spain are the top economic news due on Tuesday. At 3.00 am ET, Spain's statistical office INE publishes flash GDP data and retail sales figures. The economy is forecast to grow at a steady pace of 0.6 percent in the second quarter.
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3h 21min ago
European Shares Seen Higher In Cautious Trade
European stocks are seen opening a tad higher on Tuesday as U.S.-China trade negotiations continue in Stockholm for a second day.
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3h 38min ago
Sensex, Nifty Struggle For Direction In Early Trade
Indian shares struggled for direction on Tuesday due to lingering uncertainty over the India-U.S. trade negotiations.
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4h 45min ago
Australian Market Trims Early Losses In Mid-market
The Australian stock market is trimming is early losses in mid-market trading on Tuesday, reversing the slight gains in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying well below the 8,700 level, with weakness in financial and technology stocks partially offset by some gains in energy stocks.
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5h 53min ago
