DHC Completes Asset Acquisition/Disposition
Ticker: DHCNL · Form: 8-K · Filed: Feb 3, 2025 · CIK: 1075415
| Field | Detail |
|---|---|
| Company | Diversified Healthcare Trust (DHCNL) |
| Form Type | 8-K |
| Filed Date | Feb 3, 2025 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $159.0 m |
| Sentiment | neutral |
Sentiment: neutral
Topics: acquisition, disposition, assets
TL;DR
DHC just closed a deal on assets, filing shows financial details.
AI Summary
On January 31, 2025, Diversified Healthcare Trust (DHC) reported the completion of an acquisition or disposition of assets. The filing details the company's financial statements and exhibits related to this event. DHC is a Maryland-incorporated real estate investment trust.
Why It Matters
This filing indicates a significant change in DHC's asset portfolio, which could impact its future revenue streams and operational strategy.
Risk Assessment
Risk Level: medium — Acquisitions and dispositions of assets can introduce financial and operational risks, depending on the nature and scale of the transaction.
Key Numbers
- 001-15319 — SEC File Number (Identifies the company's filing with the SEC.)
- 04-3445278 — IRS Employer Identification No. (Company's tax identification number.)
Key Players & Entities
- DIVERSIFIED HEALTHCARE TRUST (company) — Registrant
- Maryland (jurisdiction) — State of Incorporation
- January 31, 2025 (date) — Date of earliest event reported
FAQ
What specific assets were acquired or disposed of by Diversified Healthcare Trust?
The filing does not specify the exact assets involved in the acquisition or disposition, only that such an event occurred on January 31, 2025.
What is the financial impact of this asset transaction on Diversified Healthcare Trust?
The filing indicates that financial statements and exhibits related to the transaction are included, but the specific financial impact is not detailed in the summary text.
When did the event of asset acquisition or disposition take place?
The earliest event reported in this filing occurred on January 31, 2025.
What is Diversified Healthcare Trust's state of incorporation?
Diversified Healthcare Trust is incorporated in Maryland.
What is the business address of Diversified Healthcare Trust?
The business address is Two Newton Place, 255 Washington Street, Suite 300, Newton, Massachusetts 02458-1634.
Filing Stats: 681 words · 3 min read · ~2 pages · Grade level 12.3 · Accepted 2025-02-03 16:55:03
Key Financial Figures
- $159.0 m — rnia, or MUSE, for a net sales price of $159.0 million, excluding closing costs. Item 9
Filing Documents
- dhc-20250131.htm (8-K) — 29KB
- a991_dhcx012025.htm (EX-99.1) — 151KB
- 0001075415-25-000003.txt ( ) — 353KB
- dhc-20250131.xsd (EX-101.SCH) — 3KB
- dhc-20250131_def.xml (EX-101.DEF) — 15KB
- dhc-20250131_lab.xml (EX-101.LAB) — 27KB
- dhc-20250131_pre.xml (EX-101.PRE) — 16KB
- dhc-20250131_htm.xml (XML) — 4KB
01. Completion of Acquisition or Disposition of Assets
Item 2.01. Completion of Acquisition or Disposition of Assets. On January 31, 2025, DHC completed the sale of three life science properties with approximately 186,000 rentable square feet located at 3030, 3040 and 3050 Science Park Road, San Diego, California, or MUSE, for a net sales price of $159.0 million, excluding closing costs.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (b) Pro Forma Financial Information. DHC's unaudited pro forma condensed consolidated balance sheet as of September 30, 2024 and DHC's unaudited pro forma condensed consolidated statements of operations for the year ended December 31, 2023 and unaudited pro forma condensed consolidated statements of comprehensive income (loss) for the nine months ended September 30, 2024, and the notes related thereto, are filed as Exhibit 99.1 to this Current Report on Form 8-K. These unaudited pro forma condensed consolidated financial statements reflect DHC's financial position as if the sale of MUSE was completed as of September 30, 2024 and results of operations as if the sale of MUSE was completed as of January 1, 2023. These unaudited pro forma condensed consolidated financial statements are not necessarily indicative of DHC's expected financial position or results of operations for any future period. Differences could result from numerous factors, including future changes in DHC's portfolio of investments, capital structure, property level operating expenses and revenues, including rents expected to be received pursuant to DHC's existing leases or leases DHC may enter into, changes in interest rates and other reasons. Actual future results are likely to be different from amounts presented in these unaudited pro forma condensed consolidated financial statements and such differences may be significant. (d) Exhibits. 99.1 Unaudited Pro Forma Condensed Consolidated Financial Statements. (Filed herewith.) 104 Cover Page Interactive Data File. (Embedded within the Inline XBRL document.)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. DIVERSIFIED HEALTHCARE TRUST By: /s/ Matthew C. Brown Name: Matthew C. Brown Title: Chief Financial Officer and Treasurer Date: February 3, 2025