Exhibit 25.3
securities and exchange commission
Washington, D.C. 20549
FORM T-1
Statement of Eligibility Under
The Trust Indenture Act of 1939 of a
Corporation Designated to Act as Trustee
¨ Check if an Application to Determine Eligibility of a Trustee Pursuant to Section 305(b)(2)
U.S. BANK NATIONAL ASSOCIATION
(Exact name of trustee as specified in its charter)
31-0841368
I.R.S. Employer Identification No.
800 Nicollet Mall Minneapolis, Minnesota |
55402 |
| (Address of principal executive offices) | (Zip Code) |
David W. Doucette
U.S. Bank National Association
One Federal Street, 10th Floor
Boston, MA 02110
(617) 603-6534
(Name, address and telephone number of agent for service)
DIVERSIFIED HEALTHCARE TRUST
SUBSIDIARY GUARANTOR REGISTRANTS (SEE BELOW)
(Exact name of obligor as specified in its charter)
| Maryland | 04-3445278 |
| (State or other jurisdiction of incorporation or organization) | (I.R.S. Employer Identification No.) |
Two Newton Place 255 Washington Street, Suite 300 Newton, Massachusetts |
02458-1634 |
| (Address of principal executive offices) | (Zip Code) |
Senior Subordinated Debt Securities
and Guarantees of Senior Subordinated Debt Securities
(Title of the indenture securities)
TABLE OF CO-REGISTRANTS
| Exact Name of Registrant as Specified in its Charter | State or Jurisdiction of Incorporation or Organization | Entity Type | IRS Employer Identification Number |
| CCC Alpha Investments Trust | Maryland | Business trust | 35-2184937 |
| CCC Delaware Trust | Maryland | Business trust | 35-2184939 |
| CCC Financing I Trust | Maryland | Business trust | 01-6172425 |
| CCC Financing Limited, L.P. | Delaware | Limited partnership | 35-1904158 |
| CCC Investments I, L.L.C. | Delaware | Limited liability company | 35-1930956 |
| CCC Leisure Park Corporation | Delaware | Corporation | 52-1844142 |
| CCC Pueblo Norte Trust | Maryland | Business trust | 35-2184942 |
| CCC Retirement Communities II, L.P. | Delaware | Limited partnership | 35-1768887 |
| CCC Retirement Partners Trust | Maryland | Business trust | 35-2184933 |
| CCC Retirement Trust | Maryland | Business trust | 35-2184935 |
| CCDE Senior Living LLC | Delaware | Limited liability company | 52-2300864 |
| CCOP Senior Living LLC | Delaware | Limited liability company | 52-2257741 |
| Crestline Ventures LLC | Delaware | Limited liability company | 35-2184947 |
| CSL Group, Inc. | Indiana | Corporation | 61-0703072 |
| DHC Holdings LLC | Maryland | Limited liability company | 84-4879437 |
| Ellicott City Land I, LLC | Delaware | Limited liability company | 61-1429010 |
| HRES1 Properties Trust | Maryland | Real estate investment trust | 04-3461940 |
| HRES2 Properties Trust | Maryland | Real estate investment trust | 04-3461943 |
| Leisure Park Venture Limited Partnership | Delaware | Limited partnership | 52-1881181 |
| Lexington Office Realty Trust | Massachusetts | Nominee trust | 82-3686384 |
| MSD Pool 1 LLC | Maryland | Limited liability company | 20-1737344 |
| MSD Pool 2 LLC | Maryland | Limited liability company | 20-1738172 |
| O.F.C. Corporation | Indiana | Corporation | 35-1770620 |
| SNH 30 Newcrossing Inc. | Maryland | Corporation | 45-5575088 |
| SNH AL AIMO II, Inc. | Maryland | Corporation | 47-3533564 |
| SNH AL AIMO Tenant II, Inc. | Maryland | Corporation | 47-3533691 |
| SNH AL AIMO Tenant, Inc. | Maryland | Corporation | 47-3232437 |
| SNH AL AIMO, Inc. | Maryland | Corporation | 47-3588050 |
| SNH AL Crimson Tenant Inc. | Maryland | Corporation | 81-2029226 |
| SNH AL Cumming LLC | Maryland | Limited liability company | 38-3975418 |
| SNH AL Cumming Tenant LLC | Maryland | Limited liability company | 47-3232822 |
| SNH AL Georgia Holdings LLC | Maryland | Limited liability company | 36-4814035 |
| SNH AL Georgia LLC | Maryland | Limited liability company | 37-1787931 |
| SNH AL Georgia Tenant LLC | Maryland | Limited liability company | 47-3232887 |
| SNH AL Properties LLC | Maryland | Limited liability company | 35-2537526 |
| SNH AL Properties Trust | Maryland | Real estate investment trust | 47-3602298 |
| SNH AL TRS, Inc. | Maryland | Corporation | 47-3232299 |
| SNH AL Wilmington Tenant Inc. | Maryland | Corporation | 81-1715921 |
| SNH Alpharetta LLC | Delaware | Limited liability company | N/A |
| SNH ALT Leased Properties Trust | Maryland | Real estate investment trust | 55-6152955 |
| SNH AZ Tenant LLC | Maryland | Limited liability company | 84-2650512 |
| SNH Bakersfield LLC | Maryland | Limited liability company | 30-0862688 |
| SNH BAMA Tenant LLC | Maryland | Limited liability company | 84-2332713 |
| SNH Baton Rouge (North) LLC | Delaware | Limited liability company | N/A |
| SNH Baton Rouge (Realtors) LLC | Delaware | Limited liability company | N/A |
| SNH BRFL Properties LLC | Delaware | Limited liability company | 45-3020731 |
| SNH BRFL Tenant LLC | Delaware | Limited liability company | 45-3021105 |
| SNH Bridgewater LLC | Delaware | Limited liability company | N/A |
| SNH CAL Tenant LLC | Maryland | Limited liability company | 84-1959191 |
| SNH CALI Tenant LLC | Delaware | Limited liability company | 45-3182581 |
| SNH CCMD Properties Borrower LLC | Delaware | Limited liability company | 45-3627062 |
| SNH CCMD Properties LLC | Delaware | Limited liability company | 45-3020816 |
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| SNH CCMD Tenant LLC | Delaware | Limited liability company | 45-3021280 |
| SNH CHS Properties Trust | Maryland | Real estate investment trust | 36-4509761 |
| SNH CO Tenant LLC | Maryland | Limited liability company | 84-2993730 |
| SNH Concord LLC | Delaware | Limited liability company | N/A |
| SNH DEL Tenant LLC | Maryland | Limited liability company | 84-2344739 |
| SNH Denham Springs LLC | Delaware | Limited liability company | N/A |
| SNH Derby Tenant LLC | Maryland | Limited liability company | 84-2947330 |
| SNH FLA Tenant LLC | Maryland | Limited liability company | 84-1979681 |
| SNH FM Financing LLC | Delaware | Limited liability company | 27-0467611 |
| SNH FM Financing Trust | Maryland | Real estate investment trust | 27-0445292 |
| SNH Georgia Tenant LLC | Maryland | Limited liability company | 84-2360584 |
| SNH GP Valencia LLC | Delaware | Limited liability company | N/A |
| SNH Granite Gate Lands Tenant LLC | Maryland | Limited liability company | 82-2831131 |
| SNH Granite Gate Lands Trust | Maryland | Real estate investment trust | 82-2831350 |
| SNH Grove Park Tenant LLC | Maryland | Limited liability company | 82-2794877 |
| SNH Grove Park Trust | Maryland | Real estate investment trust | 82-2839495 |
| SNH IL Joplin Inc. | Maryland | Corporation | 46-0687362 |
| SNH IL Properties Trust | Maryland | Real estate investment trust | 45-6562274 |
| SNH Independence Park LLC | Delaware | Limited liability company | 45-3833677 |
| SNH INDY Tenant LLC | Maryland | Limited liability company | 84-2314667 |
| SNH Jackson LLC | Delaware | Limited liability company | N/A |
| SNH Kent Properties LLC | Maryland | Limited liability company | 45-5241913 |
| SNH Lincoln Tenant LLC | Maryland | Limited liability company | 84-2683425 |
| SNH Longhorn Tenant LLC | Maryland | Limited liability company | 84-2669103 |
| SNH LTF Properties LLC | Maryland | Limited liability company | 26-3093294 |
| SNH MASS Tenant LLC | Maryland | Limited liability company | 84-1887611 |
| SNH MD Tenant LLC | Maryland | Limited liability company | 84-1986209 |
| SNH Medical Office Realty Trust | Massachusetts | Nominee trust | N/A |
| SNH MezzCo San Antonio LLC | Delaware | Limited liability company | N/A |
| SNH MO Tenant LLC | Maryland | Limited liability company | 84-4132291 |
| SNH Modesto LLC | Maryland | Limited liability company | 47-3544733 |
| SNH NC Tenant LLC | Maryland | Limited liability company | 84-2047364 |
| SNH Neb Tenant LLC | Maryland | Limited liability company | 84-2001187 |
| SNH NJ Tenant GP LLC | Maryland | Limited liability company | 84-1905394 |
| SNH NJ Tenant LLC | Maryland | Limited liability company | 84-1945671 |
| SNH NJ Tenant LP | Delaware | Limited partnership | 84-1921774 |
| SNH NM Tenant LLC | Maryland | Limited liability company | 84-2701729 |
| SNH Northwoods LLC | Maryland | Limited liability company | 82-2839754 |
| SNH Northwoods Tenant LLC | Maryland | Limited liability company | 82-2839879 |
| SNH NS Properties Trust | Maryland | Real estate investment trust | 20-0514077 |
| SNH Ohio Tenant LLC | Maryland | Limited liability company | 84-2655301 |
| SNH OMISS Tenant LLC | Maryland | Limited liability company | 84-2947009 |
| SNH Parkview Properties Trust | Maryland | Real estate investment trust | 82-2853811 |
| SNH PENN Tenant LLC | Maryland | Limited liability company | 84-2385774 |
| SNH Plaquemine LLC | Delaware | Limited liability company | N/A |
| SNH PLFL Properties LLC | Delaware | Limited liability company | 45-3020897 |
| SNH PLFL Tenant LLC | Delaware | Limited liability company | 45-3021361 |
| SNH Prairieville LLC | Delaware | Limited liability company | N/A |
| SNH Proj Lincoln TRS LLC | Maryland | Limited liability company | 84-1858890 |
| SNH Redmond Properties LLC | Maryland | Limited liability company | 46-1463109 |
| SNH REIT Irving LLC | Delaware | Limited liability company | N/A |
| SNH REIT San Antonio LLC | Delaware | Limited liability company | N/A |
| SNH REIT Victoria LLC | Delaware | Limited liability company | N/A |
| SNH RMI Fox Ridge Manor Properties LLC | Maryland | Limited liability company | 26-3251471 |
| SNH RMI Jefferson Manor Properties LLC | Maryland | Limited liability company | 26-3251521 |
| SNH RMI McKay Manor Properties LLC | Maryland | Limited liability company | 26-3251604 |
| SNH RMI Northwood Manor Properties LLC | Maryland | Limited liability company | 26-3251559 |
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| SNH RMI Oak Woods Manor Properties LLC | Maryland | Limited liability company | 26-3251646 |
| SNH RMI Park Square Manor Properties LLC | Maryland | Limited liability company | 26-3251709 |
| SNH RMI Properties Holding Company LLC | Maryland | Limited liability company | 26-3251326 |
| SNH RMI Smith Farms Manor Properties LLC | Maryland | Limited liability company | 26-3251766 |
| SNH RMI Sycamore Manor Properties LLC | Maryland | Limited liability company | 26-3251392 |
| SNH SC Tenant LLC | Maryland | Limited liability company | 84-2062280 |
| SNH SE Ashley River LLC | Delaware | Limited liability company | 45-1762788 |
| SNH SE Ashley River Tenant LLC | Delaware | Limited liability company | 45-1832353 |
| SNH SE Barrington Boynton LLC | Delaware | Limited liability company | 45-1763108 |
| SNH SE Barrington Boynton Tenant LLC | Delaware | Limited liability company | 45-1827601 |
| SNH SE Burlington LLC | Delaware | Limited liability company | 45-1735536 |
| SNH SE Burlington Tenant LLC | Delaware | Limited liability company | 45-1797166 |
| SNH SE Daniel Island LLC | Delaware | Limited liability company | 45-1762897 |
| SNH SE Daniel Island Tenant LLC | Delaware | Limited liability company | 45-1954435 |
| SNH SE Habersham Savannah LLC | Delaware | Limited liability company | 45-1797058 |
| SNH SE Habersham Savannah Tenant LLC | Delaware | Limited liability company | 45-1830101 |
| SNH SE Holly Hill LLC | Delaware | Limited liability company | 45-1796910 |
| SNH SE Holly Hill Tenant LLC | Delaware | Limited liability company | 45-1829966 |
| SNH SE Kings Mtn LLC | Delaware | Limited liability company | 45-1735619 |
| SNH SE Kings Mtn Tenant LLC | Delaware | Limited liability company | 45-1797302 |
| SNH SE Mooresville LLC | Delaware | Limited liability company | 45-1762682 |
| SNH SE Mooresville Tenant LLC | Delaware | Limited liability company | 45-1797417 |
| SNH SE N. Myrtle Beach LLC | Delaware | Limited liability company | 45-1763009 |
| SNH SE N. Myrtle Beach Tenant LLC | Delaware | Limited liability company | 45-1827421 |
| SNH SE Properties LLC | Delaware | Limited liability company | 45-2551031 |
| SNH SE Properties Trust | Maryland | Real estate investment trust | 45-6235237 |
| SNH SE SG LLC | Delaware | Limited liability company | 45-4350329 |
| SNH SE SG Tenant LLC | Delaware | Limited liability company | 45-4350382 |
| SNH SE Tenant 2 TRS, Inc. | Maryland | Corporation | 45-4419027 |
| SNH SE Tenant TRS, Inc. | Maryland | Corporation | 45-1675505 |
| SNH Somerford Properties Trust | Maryland | Real estate investment trust | 26-3092929 |
| SNH St. Louis LLC | Delaware | Limited liability company | N/A |
| SNH Teaneck Properties LLC | Delaware | Limited liability company | 45-3020963 |
| SNH Teaneck Tenant LLC | Delaware | Limited liability company | 45-3021440 |
| SNH Tellico Tenant LLC | Maryland | Limited liability company | 82-2810980 |
| SNH Tellico Trust | Maryland | Real estate investment trust | 82-3350707 |
| SNH Tempe LLC | Delaware | Limited liability company | 36-4808742 |
| SNH TENN Tenant LLC | Maryland | Limited liability company | 84-2403386 |
| SNH Toto Tenant LLC | Maryland | Limited liability company | 84-1872935 |
| SNH TRS Inc. | Maryland | Corporation | 32-0068217 |
| SNH TRS Licensee Holdco LLC | Maryland | Limited liability company | 84-1854115 |
| SNH VA Tenant LLC | Maryland | Limited liability company | 84-2015732 |
| SNH Viking Tenant LLC | Maryland | Limited liability company | 84-2372388 |
| SNH Ward Ave. Properties I Inc. | Maryland | Corporation | 45-5448537 |
| SNH Well Properties GA-MD LLC | Delaware | Limited liability company | 26-2938214 |
| SNH Well Properties Trust | Maryland | Real estate investment trust | 26-2938273 |
| SNH Wilmington LLC | Maryland | Limited liability company | 61-1757941 |
| SNH WIS Tenant LLC | Maryland | Limited liability company | 84-2030681 |
| SNH WY Tenant LLC | Maryland | Limited liability company | 84-2993542 |
| SNH Yonkers Properties Trust | Maryland | Real estate investment trust | 45-6562289 |
| SNH Yonkers Tenant Inc. | Maryland | Corporation | 45-3038459 |
| SNH/CSL Properties Trust | Maryland | Real estate investment trust | 81-6107460 |
| SNH/LTA Properties GA LLC | Maryland | Limited liability company | 20-1878719 |
| SNH/LTA Properties Trust | Maryland | Real estate investment trust | 20-1878670 |
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| SNH/LTA SE Home Place New Bern LLC | Delaware | Limited liability company | 45-1734759 |
| SNH/LTA SE McCarthy New Bern LLC | Delaware | Limited liability company | 45-1734853 |
| SNH/LTA SE Wilson LLC | Delaware | Limited liability company | 45-1734317 |
| SPTGEN Properties Trust | Maryland | Real estate investment trust | 04-3452343 |
| SPTIHS Properties Trust | Maryland | Real estate investment trust | 04-3450160 |
| SPTMISC Properties Trust | Maryland | Real estate investment trust | 04-3450894 |
| SPTMNR Properties Trust | Maryland | Real estate investment trust | 04-3450161 |
| SPTMRT Properties Trust | Maryland | Real estate investment trust | 04-3450155 |
| SPTSUN II Properties Trust | Maryland | Real estate investment trust | 04-3474405 |
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FORM T-1
| Item 1. | GENERAL INFORMATION. Furnish the following information as to the Trustee. |
| a) | Name and address of each examining or supervising authority to which it is subject. |
Comptroller of the Currency
Washington, D.C.
| b) | Whether it is authorized to exercise corporate trust powers. |
Yes
| Item 2. | AFFILIATIONS WITH THE OBLIGOR. If the obligor is an affiliate of the Trustee, describe each such affiliation. |
None
| Items 3-15 | Items 3-15 are not applicable because to the best of the Trustee's knowledge, the obligor is not in default under any Indenture for which the Trustee acts as Trustee. |
| Item 16. | LIST OF EXHIBITS: | List below all exhibits filed as a part of this statement of eligibility and qualification. |
| 1. | A copy of the Articles of Association of the Trustee.* |
| 2. | A copy of the certificate of authority of the Trustee to commence business, attached as Exhibit 2. |
| 3. | A copy of the certificate of authority of the Trustee to exercise corporate trust powers, attached as Exhibit 3. |
| 4. | A copy of the existing bylaws of the Trustee.** |
| 5. | A copy of each Indenture referred to in Item 4. Not applicable. |
| 6. | The consent of the Trustee required by Section 321(b) of the Trust Indenture Act of 1939, attached as Exhibit 6. |
| 7. | Report of Condition of the Trustee as of March 31, 2021 published pursuant to law or the requirements of its supervising or examining authority, attached as Exhibit 7. |
* Incorporated by reference to Exhibit 25.1 to Amendment No. 2 to registration statement on S-4, Registration Number 333-128217 filed on November 15, 2005.
** Incorporated by reference to Exhibit 25.1 to registration statement on form S-3ASR, Registration Number 333-199863 filed on November 5, 2014.
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SIGNATURE
Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the Trustee, U.S. BANK NATIONAL ASSOCIATION, a national banking association organized and existing under the laws of the United States of America, has duly caused this statement of eligibility and qualification to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of Boston, Commonwealth of Massachusetts on the 22nd of June, 2021.
| By: | /s/ David W. Doucette | |
| David W. Doucette | ||
| Vice President |
7
Exhibit 2
8
Exhibit 3
9
Exhibit 6
CONSENT
In accordance with Section 321(b) of the Trust Indenture Act of 1939, the undersigned, U.S. BANK NATIONAL ASSOCIATION hereby consents that reports of examination of the undersigned by Federal, State, Territorial or District authorities may be furnished by such authorities to the Securities and Exchange Commission upon its request therefor.
Dated: June 22, 2021
| By: | /s/ David W. Doucette | |
| David W. Doucette | ||
| Vice President |
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Exhibit 7
U.S. Bank National Association
Statement of Financial Condition
As of 3/31/2021
($000’s)
| 3/31/2021 | ||||
| Assets | ||||
| Cash and Balances Due From | $ | 43,386,652 | ||
| Depository Institutions | ||||
| Securities | 154,609,348 | |||
| Federal Funds | 0 | |||
| Loans & Lease Financing Receivables | 297,075,286 | |||
| Fixed Assets | 6,148,452 | |||
| Intangible Assets | 13,371,986 | |||
| Other Assets | 27,974,559 | |||
| Total Assets | $ | 542,566,283 | ||
| Liabilities | ||||
| Deposits | $ | 444,618,948 | ||
| Fed Funds | 1,321,015 | |||
| Treasury Demand Notes | 0 | |||
| Trading Liabilities | 1,231,176 | |||
| Other Borrowed Money | 27,466,875 | |||
| Acceptances | 0 | |||
| Subordinated Notes and Debentures | 3,350,000 | |||
| Other Liabilities | 13,255,984 | |||
| Total Liabilities | $ | 491,243,998 | ||
| Equity | ||||
| Common and Preferred Stock | 18,200 | |||
| Surplus | 14,266,915 | |||
| Undivided Profits | 36,236,966 | |||
| Minority Interest in Subsidiaries | 800,204 | |||
| Total Equity Capital | $ | 51,322,285 | ||
| Total Liabilities and Equity Capital | $ | 542,566,283 |
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