Diversified healthcare trust provides update regarding the 116 alerislife management agreements transitioning to new operators

Newton, mass.--(business wire)--diversified healthcare trust (nasdaq: dhc) (“dhc”) today reiterated that, as part of the previously disclosed wind-down of alerislife inc. (“alerislife”), the management agreements for 116 of dhc's senior housing operating portfolio (“shop”) communities are being sold and the operations transferred. seven different managers, with established records of senior living operations will take over the 116 communities. the seven operators assuming the alerislife shop co.
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