As exclusive advisor to Diversified Healthcare Trust, Cushman & Wakefield Senior Housing Capital Markets has arranged the sale of a portfolio of seven communities located in California, Oregon, Arizona, Florida and Rhode Island for a combined $103.3 million.

The Cushman & Wakefield team involved in the transaction included Vice Chairman Rick Swartz, Executive Managing Director Jay Wagner, Managing Director Aaron Rosenzweig, Director Dan Baker and Associate Bailey Nygard.

About Diversified Healthcare Trust:

Diversified Healthcare Trust, or DHC, is a real estate investment trust (REIT) focused on owning high-quality, private-pay healthcare properties located throughout the United States. DHC seeks diversification across the health services spectrum: by care delivery and practice types, by research science disciplines, by location and by financial profile. As of September 30, 2019, DHC’s $8.6 billion portfolio included more than 430 properties in 42 states, occupied by more than 600 tenants, and totaling more than 12.0 million square feet medical office and life science properties and 32,000 living units. DHC is managed by the operating subsidiary of The RMR Group Inc., an alternative asset management company that is headquartered in Newton, MA. To learn more about DHC, visit www.dhcreit.com.

About Cushman & Wakefield:

Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 51,000 employees in 400 offices and 70 countries. In 2018, the firm had revenue of $8.2 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.