Diversified Healthcare Trust reports January occuparncy 79.0%, down 30bps

The company states: “January 2024 occupancy was 79.0%, 30 basis points below December 2023, and 250 basis points above January 2023. January 2024 Resident Fees and Services revenue was $102.7 million, $3.9 million, or 4.0%, above December 2023, and $10.7 million, or 11.6%, above January 2023. January 2024 net operating income, or NOI, was $7.3 million, $4.6 million, or 175.6%, above December 2023, and $3.3 million, or 83.4%, above January 2023. January 2024 NOI margin was 7.1%, 440 basis points above December 2023, and 280 basis points above January 2023.”