secwatch.observer — SEC 8-K summary
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Issuer:     DIVERSIFIED HEALTHCARE TRUST (DHC)
CIK:        0001075415
Form:       8-K
Filed at:   2022-11-02T23:59:59+00:00
Accession:  0001075415-22-000030
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DHC reports Q3 net loss $0.34/share; Normalized FFO ($0.06); SHOP NOI down 58% QoQ
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- Net loss attributable to common shareholders of $81.5M ($0.34 per share); Normalized FFO per share ($0.06).
- Same property Cash Basis NOI: Office +4.7% YoY; SHOP -26.7% YoY, with Hurricane Ian adding $4.1M in operating expenses.
- SHOP average occupancy rose 110 bps QoQ to 74.7%; Office occupancy declined to 85.9% from 88.1% QoQ.
- Acquired a CA life science property for $82.0M; ended quarter with $800.8M cash and no significant maturities until 2024.
- Executed 221k sq ft of Office leases at 2.4% roll-up; SHOP occupancy reached 75.8% in Sep 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1075415/000107541522000030/0001075415-22-000030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1075415/000107541522000030/dhc-20221102.htm
  HTML page:      https://secwatch.observer/filing/0001075415-22-000030

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer