Diversified Healthcare Trust Transitions 6 Communities

Diversified Healthcare Trust entered into a new management agreement with Navion Senior Solutions for five assisted living communities in South Carolina totaling 259 units within its Senior Housing Operating Portfolio. Additionally, DHC entered into a new management agreement with Omega Senior Living for a 69-unit assisted living community in Nebraska.

The REIT is transitioning all the properties from management by Five Star Senior Living. Diversified Healthcare in August transitioned eight properties from Five Star. Read more.

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Summit Behavioral Healthcare for Sale: Report

Tennessee-based Summit Behavioral Healthcare debuted 92-bed Johnstown Heights Behavioral Health in May in a building it bought for $29.25 million in December. In January 2020 Summit BHC purchased 112-bed Peak View Behavioral Health in Colorado Springs.