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.