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.
read more
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.
RTTNews
|
hace 18
TSX Continues To Move Up North, Ends 0.53% Up At New High
The Canadian market climbed to a new record high on Friday, rising for a third straight day, thanks to strong gains in materials stocks as metal prices surged to record highs. Continued optimism about interest rate cuts by the Bank of Canada also aided sentiment.
RTTNews
|
hace 4h 35min
Dollar Turns Weak After Recent Gains
The U.S. dollar turned a bit weak on Friday, snapping a five-day winning streak, with global stocks moving higher on increased risk appetite after the Chinese government announced a couple of funding schemes.
RTTNews
|
hace 5h 13min
TSX Rises To New High; Materials Shares Rally
The Canadian market is up firmly in positive territory Friday afternoon after posting a new high for the third straight day. Materials stocks are contributing to the move up north, with firm metal prices triggering hectic buying at several counters in the sector.
RTTNews
|
hace 8h 36min
Canadian Dollar Weakens As Oil Prices Fall
The Canadian dollar declined against its most major counterparts in the New York session on Friday, as oil prices dropped on concerns about slowing demand from China.
RTTNews
|
hace 8h 54min
Swiss Market Closes Modestly Higher
The Switzerland market ended modestly higher on Friday after a choppy ride as investors looked ahead to more interest rate cuts from central banks after the European Central Bank cut rates for the third time this year.
RTTNews
|
hace 9h 2min
Major European Markets Close Higher
European stocks closed higher on Friday and the major markets in the region posted second straight week of gains, as investors continued to cheer the European Central Bank's rate cut decision, and remained optimistic about more rate cuts by several other central banks.
Markets also reacted to positive economic data from China, and digested the latest batch of earnings updates and other corporate
RTTNews
|
hace 9h 25min
U.S. Housing Starts Pull Back Modestly As Multi-Family Starts Extend Plunge
After reporting a sharp increase in new residential construction in the U.S. in the previous month, the Commerce Department released a report on Friday showing a modest pullback by housing starts in the month of September. The Commerce Department said housing starts fell by 0.5 percent to an annual rate of 1.354 million in September.
RTTNews
|
hace 12h 49min
