Diversified Healthcare Trust (NYSE: DHC) is building on its portfolio transformation and pivoting to value creation in 2026, according to CEO Chris Bilotto. In 2026, DHC is deploying capital into senior living communities to reposition skilled nursing units for independent living, assisted living and memory care services. DHC has completed 116 community transitions stemming from […]
AlerisLife
Diversified Healthcare Trust (NASDAQ: DHC) will focus in 2026 on “narrowing the gap” on occupancy and margin fueled by new operator relationships, according to DHC President and CEO Chris Bilotto. At the end of last year, DHC finalized the transition of 116 AlerisLife communities to seven new operators, a move at the time Bilotto said […]
Diversified Healthcare Trust (NASDAQ: DHC) is “substantially done” with its community sales after offloading more properties in the fourth quarter of 2025. Now, the company is redeploying those funds into its communities. The company in 2025 offloaded 69 properties, including 19 communities in its senior housing operating portfolio (SHOP), for approximately $605 million. Subsequent to […]
Diversified Healthcare Trust (Nasdaq: DHC) has completed transitioning 116 communities formerly managed by AlerisLife to other operators. The company outlined the transition plan in October 2025 and completed moving the communities to seven other operators by the end of 2025, with the majority of the portfolio going to Discovery Senior Living, Sinceri Senior Living and […]
New CEOs stepping in to lead high-profile operators, mergers and acquisitions worth billions of dollars, a looming development crisis – these were the topics of the most-read stories on Senior Housing News in 2025. As the senior living industry hopes to pivot to growth in 2026 and beyond, it is grappling with challenges that include […]
This story is part of your SHN+ subscription Multiple brands, dense portfolios centered on specific regions, new incentives to achieve alignment in operations – this is the future of senior living owner-operator relations. Recently, Diversified Healthcare Trust (Nasdaq: DHC) took this strategy when it transitioned 116 communities to six senior living operating companies. The Newton, […]
Real estate investment trust Diversified Healthcare Trust (Nasdaq: DHC) is transitioning 116 senior living communities formerly managed by AlerisLife to seven other operators, with the lion’s share of the former Five Star-branded communities going to Discovery Senior Living, Sinceri Senior Living and Tutera Senior Living. In an interview with Senior Housing News on Wednesday, Diversified […]
Every month, Lasell Village, – a CCRC on the campus of Lasell University in the Boston area – gets calls from other academic institutions wanting to replicate its senior living model. Based on the demand for expanding university-based senior living and the effects those models have on residents, Lasell Village President Zehra Abid-Wood believes now […]
Brookdale Senior Living, Atria Senior Living and LCS have maintained their top three positions as the country’s largest senior living operators, according to Argentum’s 2023 Largest Providers Report. The report, released Sept. 14, ranks U.S. senior living operators on a variety of self-reported metrics, including total units and total employees. It also showcases some of […]
The merger between Diversified Healthcare Trust (Nasdaq: DHC) and Office Properties Income Trust (Nasdaq: OPI) has been called off, according to a news release issued late Friday afternoon. In April, the companies announced the proposed merger that would have seen OPI acquire all the outstanding common shares from DHC to create a combined entity called […]
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