---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-063424"
form_type: "8-K"
ticker: "DHC"
cik: "0001075415"
company_name: "DIVERSIFIED HEALTHCARE TRUST"
filed_at: "2023-05-23T23:59:59+00:00"
generated_at: "2026-06-14T16:59:56.428165+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# DHC SHOP occupancy 78% in Apr, still 860 bps below 2019; CEO cites $700M debt maturity

## Summary
- April SHOP occupancy 78.0%, 860 bps below April 2019, 40 bps above March 2023.
- April SHOP NOI $9.0M, $10.1M below April 2019, but $4.6M above March 2023.
- Year-to-date April SHOP NOI margin 7.1%, 1,170 bps below 2019 YTD.
- CEO states recovery 'inconsistent' and $700M debt maturing in 12 months makes merger with Office Properties Income Trust best path.

## SEC filing metadata
- accession: 0001104659-23-063424
- form_type: 8-K
- ticker: DHC
- cik: 0001075415
- company_name: DIVERSIFIED HEALTHCARE TRUST
- filed_at: 2023-05-23T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1075415/000110465923063424/0001104659-23-063424-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1075415/000110465923063424/tm2316470d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-063424
- JSON: https://secwatch.observer/filing/0001104659-23-063424.json
- Plain text: https://secwatch.observer/filing/0001104659-23-063424.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.