Diversified Healthcare Trust Closes $120 Million Mortgage Loan
Diversified Healthcare Trust Closes $120 Million Mortgage Loan
NEWTON, Mass.--(BUSINESS WIRE)-- Diversified Healthcare Trust (Nasdaq: DHC) today announced that it closed a $120 million mortgage loan secured by eight properties within DHC's Medical Office and Life Science Portfolio, located in seven states and consisting of approximately 725,000 square feet. As of March 31, 2024, the weighted average remaining lease term for these properties was 5.4 years and the occupancy rate was 93%. The non-recourse loan has an implied capitalization rate of 7.2% based on the aggregate appraised value for the collateral properties and a loan to value ratio of approximately 50%.
麻省紐頓——（美國商業資訊）——多元化醫療保健信託（Nasdaq: DHC）今日宣佈，成功完成了一項價值1.2億美元的按揭貸款，此貸款以DHC醫療辦公室和生命科學投資組合中的八個物業爲抵押物，並位於七個州，佔地約725,000平方英尺。截至2024年3月31日，這些物業的加權平均剩餘租賃期爲5.4年，佔用率爲93%。無追索權貸款的平均資本化利率爲7.2%，基於抵押物業的總評估價值和貸款價值比率約爲50%。
The loan is an interest only 10-year mortgage with a 6.864% all-in fixed interest rate. DHC intends to use approximately 50% of the loan proceeds to redeem a portion of its outstanding 9.750% senior notes due 2025. DHC will use the remainder of the loan proceeds to fund capital investments and improve liquidity.
這是一項10年期僅限利息按揭貸款，固定利率爲6.864%。DHC打算將貸款的約50%用於贖回其到2025年到期的未償還9.750%的優先票據。DHC將使用剩餘的貸款收益來投資和提高流動性。
Matt Brown, Chief Financial Officer and Treasurer of DHC, made the following statement.
DHC首席財務官兼財務主管Matt Brown發佈了以下聲明。
"Today's announced financing is the first step in executing on our broader financing strategy to lower financing costs, improve weighted average remaining debt term and enhance our liquidity profile."
“今天宣佈的融資是我們執行更廣泛的融資策略的第一步，以降低融資成本，提高加權平均剩餘債務期限並提高我們的流動性資金。”
The lenders were Wells Fargo Bank, National Association, Bank of Montreal and UBS AG.
貸款人包括富國銀行（National Association）, 蒙特利爾銀行和瑞銀集團。
WARNING CONCERNING FORWARD-LOOKING STATEMENTS
關於前瞻性聲明的警告
This press release contains statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other securities laws. Also, whenever DHC uses words such as "believe", "expect", "anticipate", "intend", "plan", "estimate", "will", "may" and negatives or derivatives of these or similar expressions, DHC is making forward-looking statements. These forward-looking statements are based upon DHC's present intent, beliefs or expectations, but forward-looking statements are not guaranteed to occur and may not occur. DHC currently intends to use approximately 50% of the loan proceeds to redeem a portion of its outstanding 9.75% senior notes due 2025; however, the redemption may not occur or may be delayed. Further, Mr. Brown's statement regarding DHC's financing strategy may imply that DHC will be able to sustain and improve its liquidity; however, DHC may not be able to execute on its financing strategies or have sufficient liquidity available to fund its capital needs. Actual results may differ materially from those contained in or implied by DHC's forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and other factors, some of which are beyond DHC's control.
本新聞稿包含構成《1995年證券民事訴訟改革法》和其他證券法的前瞻性聲明。此外，只要DHC使用"相信"、"期望"、"預計"、"打算"、"計劃"、"估計"、"將"、"可能"及其否定形式或相關表達式，DHC便在發表前瞻性聲明。這些前瞻性聲明基於DHC的當前意圖、信念或預期，但前瞻性聲明不保證會發生且可能不發生。DHC目前打算將貸款的約50%用於贖回到2025年到期的未償還9.75%的優先票據；但是，贖回可能不會發生或可能被延遲。此外，布朗先生關於DHC的融資策略可能意味着DHC將能夠維持和提高其流動性資金；然而，DHC可能無法執行其融資策略或沒有足夠的流動性資金來投資其資本需求。實際結果可能與DHC的前瞻性聲明不同。前瞻性聲明涉及已知和未知的風險、不確定性和其他因素，其中一些超出了DHC的控制範圍。
The information contained in DHC's filings with the SEC, including under the caption "Risk Factors" in DHC's periodic reports, or incorporated therein, identifies other important factors that could cause differences from DHC's forward-looking statements. DHC's filings with the SEC are available on the SEC's website at www.sec.gov.
DHC的SEC備案文件中，包括DHC定期報告中“風險因素”標題下的內容或已合併的內容，指定了可能導致DHC前瞻性聲明有所不同的其他重要因素。DHC在SEC提交的文件可在SEC網站上獲得。www.sec.gov.
You should not place undue reliance upon forward-looking statements.
您不應過分依賴前瞻性聲明。
Except as required by law, DHC does not intend to update or change any forward-looking statements as a result of new information, future events or otherwise.
除法律規定外，DHC不打算根據新信息、未來事件或其他情況更新或更改任何前瞻性聲明。
About Diversified Healthcare Trust:
關於多元化醫療保健信託：
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 March 31, 2024, DHC's approximately $7.2 billion portfolio included 371 properties in 36 states and Washington, D.C., occupied by approximately 500 tenants, and totaling approximately 8.5 million square feet of life science and medical office 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 $41 billion in assets under management as of March 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.
www.dhcreit.comwww.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.
一家馬里蘭州房地產投資信託公司，其可轉讓受益權股份在納斯達克上市。
無股東、受託人或高管個人對信託的任何行爲或義務承擔個人責任。
View source version on businesswire.com: https://www.businesswire.com/news/home/20240530930388/en/
在businesswire.com上查看原始版本businesswire.com: https://www.businesswire.com/news/home/20240530930388/en/
Kevin Brady, Director, Investor Relations
(617) 231-3017
Kevin Brady，投資者關係主管(617) 796-8234
(617) 231-3017
Source: Diversified Healthcare Trust
資料來源：多元化醫療保健信託
譯文內容由第三人軟體翻譯。