Rmr Group Inc. shares fall 1.35% after-hours as AlerisLife winds down operations.

The Rmr Group Inc. declined 1.35% in after-hours trading. Diversified Healthcare Trust (Nasdaq: DHC) announced that it has entered agreements with AlerisLife Inc. and seven different operators to transition the management of 116 of DHC’s senior living communities managed by Five Star Senior Living. The transition of these management agreements will occur in tranches beginning in September and is expected to be completed by year end. AlerisLife is also selling all its assets, including its 17 owned communities, and expects to complete a full wind-down of its business and operations in the first half of 2026.