NEWTON, Mass., March 20, 2025--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced that it has elected Alan Felder to its Board of Trustees as an Independent Trustee, effective immediately.

Alan Felder previously worked at UBS Investment Bank for over 20 years, where he most recently served as the Head of Real Estate, Lodging and Leisure, Americas. Mr. Felder previously held other roles at UBS, including Head of Private Financing Markets, Americas and a Managing Director in the Mergers and Acquisitions Group. Prior to joining UBS Investment Bank, Mr. Felder worked in investment banking at Donaldson Lufkin & Jenrette, focusing on capital markets and M&A transactions. He graduated from the Wharton School of the University of Pennsylvania. Mr. Felder will serve on DHC’s Audit Committee.

Korn Ferry assisted DHC’s Nominating and Governance Committee in placing Alan Felder on DHC’s Board of Trustees.

About Diversified Healthcare Trust

DHC is a real estate investment trust focused on owning high-quality healthcare properties located throughout the United States. DHC seeks diversification across the health services spectrum by care delivery and practice type, by scientific research disciplines and by property type and location. As of December 31, 2024, DHC’s approximately $7.2 billion portfolio included 367 properties in 36 states and Washington, D.C., occupied by approximately 450 tenants, and totaling approximately 8.0 million square feet of medical office and life science properties and more than 27,000 senior living units. DHC is managed by The RMR Group (Nasdaq: RMR), a leading U.S. alternative asset management company with over $40 billion in assets under management as of December 31, 2024 and more than 35 years of institutional experience in buying, selling, financing and operating commercial real estate. DHC is headquartered in Newton, MA. For more information, visit www.dhcreit.com.

A Maryland Real Estate Investment Trust with transferable shares of beneficial interest listed on the Nasdaq.
No shareholder, Trustee or officer is personally liable for any act or obligation of the Trust.

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Contacts

Bryan Maher, Senior Vice President
(617) 796-8234