Diversified Healthcare Trust (DHC) said Monday it closed a $109 million 10-year fixed-rate mortgage financing through Freddie Mac.
The loan is secured by seven senior living communities comprising 1,184 units managed by Five Star Senior Living.
The loan carries a 6.22% fixed interest rate with interest-only payments during the first five years and matures on May 1, 2035, Diversified Healthcare said.
The company said it expects to close two additional term sheets for loan proceeds of about $94 million with different lenders by the end of May 2025.
Total proceeds from these financings, along with cash on hand, will be used to redeem the company's 9.75% senior notes due 2025, the company said.
Price: 2.29, Change: +0.02, Percent Change: +0.66
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。