NEWTON, Mass. — Diversified Healthcare Trust (NASDAQ: DHC) has appointed Christopher Bilotto as president and CEO, effective Jan. 1, 2024.
Bilotto is an executive vice president of The RMR Group (NASDAQ: RMR), overseeing portfolio management for all office, industrial and retail properties managed by RMR and hotel and senior living asset management, as well as development and redevelopment across the United States. Prior to joining RMR in 2011, he worked at General Growth Properties in various management roles.
Bilotto succeeds Jennifer Francis, who is retiring from RMR on July 1, 2024 and therefore resigning from her executive officer positions at DHC and RMR, effective December 31, 2023. Francis has been a member of DHC senior management since 2018 and a managing trustee of DHC since 2021. She will continue as a managing trustee of DHC.
Based in Newton, DHC is a real estate investment trust focused on owning high-quality healthcare properties located throughout the United States, including seniors housing.