Diversified Healthcare Trust Announces It May Not Continue as Going Concern Following $450MM Default of Credit Facility

Appraised Value of Collateral Properties Declined by 22; Working with Lenders to Obtain Waiver Through September 30th; Merger with OPI is Best Alternative Available to DHC NEWTON, Mass. - Diversified Healthcare Trust (Nasdaq: DHC) announced in late June that a non-monetary event of default has occurred under its $450 million credit facility. The facility requires […]