Diversified Healthcare Trust Appoints Anthony Paula as Vice President

Rhea-AI Summary

Diversified Healthcare Trust (Nasdaq: DHC) has appointed Anthony Paula as Vice President. Paula, who currently serves as Vice President at The RMR Group (Nasdaq: RMR), will maintain his responsibilities overseeing DHC's accounting, SEC reporting, and corporate finance functions. Paula brings over 15 years of real estate experience, with expertise in accounting, corporate finance, capital market transactions, and SEC reporting and compliance. Before joining RMR in 2011, he worked as a staff accountant at a public accounting firm.

Positive

• Appointment of experienced executive with 15+ years of real estate expertise
• Continuity in leadership as Paula already oversees DHC's key financial functions at RMR

Negative

• None.

NEWTON, Mass.--(BUSINESS WIRE)-- Diversified Healthcare Trust (Nasdaq: DHC) today announced that Anthony Paula has been appointed Vice President.

Mr. Paula is a Vice President of The RMR Group (Nasdaq: RMR), whose responsibilities include overseeing the accounting, SEC reporting and corporate finance functions for DHC. Mr. Paula has more than 15 years of real estate experience, including accounting and corporate finance, capital market transactions, SEC reporting and compliance. Prior to joining RMR in 2011, Mr. Paula worked at a public accounting firm as a staff accountant.

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 September 30, 2024, DHC’s approximately $7.2 billion portfolio included 368 properties in 36 states and Washington, D.C., occupied by approximately 500 tenants, and totaling approximately 8.2 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 nearly $41 billion in assets under management as of September 30, 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241218832161/en/

Timothy Bonang, Senior Vice President

(617) 796-8234

www.dhcreit.com

Source: Diversified Healthcare Trust

FAQ

Who is the new Vice President appointed at Diversified Healthcare Trust (DHC)?

Anthony Paula has been appointed as Vice President at Diversified Healthcare Trust (DHC). He currently serves as Vice President at The RMR Group and oversees DHC's accounting, SEC reporting, and corporate finance functions.

What experience does Anthony Paula bring to his role as DHC Vice President?

Anthony Paula brings over 15 years of real estate experience, including expertise in accounting, corporate finance, capital market transactions, SEC reporting and compliance. He has been with RMR since 2011 and previously worked as a staff accountant at a public accounting firm.

What are Anthony Paula's responsibilities at Diversified Healthcare Trust?

As Vice President, Anthony Paula oversees DHC's accounting, SEC reporting, and corporate finance functions while maintaining his position as Vice President at The RMR Group.

When did Anthony Paula join The RMR Group before his DHC appointment?

Anthony Paula joined The RMR Group in 2011, prior to which he worked as a staff accountant at a public accounting firm.