Diversified Healthcare Trust reported a net loss attributable to common shareholders of $0.07 per share for the fourth quarter of 2020. The company's office segment reported strong rent collections, while the senior living industry showed early signs of recovery with the commencement of vaccine distribution.
Net loss attributable to common shareholders was $0.07 per share.
Normalized FFO attributable to common shareholders was $0.09 per share.
Office segment reported 99% rent collections.
Over 23,500 residents and staff in SHOP communities have been vaccinated as of February 20, 2021.
The company expects the senior living industry to continue its recovery as vaccine distribution progresses. However, the pace of recovery and the impact of the COVID-19 pandemic remain uncertain.
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