Expense controls and new operator partnerships drove meaningful savings—dietary costs fell 370 basis points sequentially, contract labor was down nearly 35% YoY, and labor costs declined about 70 basis points sequentially—supporting margin expansion. Operational outperformance: DHC reported Q1 Normalized FFO of $33.1M ($0.14/share) and Adjusted EBITDAre of $74M, both above consensus, with same-property SHOP NOI up 13.5% YoY as occupancy reached 82.4% and average monthly rates rose roughly 5.9%. Vice Preside ...