Senior Housing News November 4, 2025
Tim Regan

Diversified Healthcare Trust (Nasdaq: DHC) is making progress on its plans to transition 116 AlerisLife communities to new operators and expects to complete those transitions by year-end.

In September, Diversified Healthcare Trust revealed it is winding down its AlerisLife management platform, with seven operators including Discovery Senior Living, Sinceri Senior Living, Stellar Senior Living and Tutera Senior Living taking on the communities previously managed under the Five Star Senior Living banner.

As of Tuesday’s third-quarter earnings call with investors and analysts, DHC had transitioned 85 of the communities and the company’s leaders expect to wrap up that process by the end of 2025, according to CEO Chris Bilotto.

“Strategically it positions us to be a better partner with the new...

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