A Senior Living Portfolio Built for Growth
RMR’s senior living portfolio delivers a full continuum of care – from independent and assisted living to skilled nursing – designed to meet the evolving needs of an aging population. With strong absorption trends, compelling affordability dynamics and resilient demand drivers, RMR is positioned to capture long-term growth in one of the most consequential sectors of the next decade.
Our track record
Our nationwide portfolio offers scale, stability and strategic positioning across fast-growing senior living markets. These assets are supported by operators with deep clinical and residential expertise, ensuring strong performance across economic cycles. RMR manages senior housing real estate for Diversified Healthcare Trust (Nasdaq: DHC). To learn more about DHC, visit dhcreit.com.
senior living assets under management*
units
properties in portfolio
As of February 23, 2026. *Total portfolio AUM: ~$6.3B
A generational opportunity driven by demographics and demand
The senior living sector is entering a pivotal growth phase, fueled by the aging Baby Boomer generation and rising life expectancy.
Strong Demographic Growth
By 2035, the U.S. population aged 80+ is projected to grow by 56%, adding nearly 8 million seniors, reshaping long-term housing needs.
Demand Outpacing Supply
New inventory growth has fallen below 1% annually, while demographic demand will require an estimated 100,000 new units per year through 2040 – creating a meaningful supply-demand imbalance.
Rising Occupancy and Absorption
Sector occupancy rates reached 88.1% in Q2 2025, the highest level in years, with absorption rates growing 40% year-over-year.
Affluent Aging Population
A rapidly expanding cohort of higher-income seniors is driving demand for premium living environments featuring autonomy, wellness and lifestyle amenities, especially within continuum-of-care campuses.
Our approach
We take a long‑view approach to senior living - grounded in demographic realities, evolving resident expectations and the operational nuance required to serve an aging population. Our work begins with understanding how older adults want to live today, and how those preferences will continue to shift over time.
Senior living is fundamentally a local business. We conduct market assessments that go beyond basic supply and occupancy numbers to understand neighborhood dynamics, competing operators, amenity expectations, price sensitivity and unmet opportunities. We examine where supply constraints exist, where new development is likely to succeed and how best to position offerings within the local competitive set. Our goal is to help our clients make location, product and pricing decisions grounded in realistic, evidence‑based insights.
Older adults today expect more than care; they expect environments that support independence, social connection, wellness and meaningful daily experiences. Our approach integrates that understanding into design and programming recommendations.
We consider factors such as walkability, flexible communal spaces, wellness and fitness programming, outdoor access, food and beverage offerings and opportunities for purpose‑driven engagement. We help shape communities that feel contemporary, approachable and aligned with the preferences of younger seniors entering the market.
We ensure that design, staffing models, service offerings and technology choices align with operational realities.
This includes examining care models, staffing efficiencies, hospitality programming and the integration of technology that supports both resident experience and staff effectiveness. By connecting physical space with operational strategy early, our clients avoid costly misalignment and create communities that are easier to run - and easier for residents and families to navigate.
Why RMR Senior Living
Our approach combines market-selective investment with disciplined operations and hands-on collaboration.
Prime Market Positioning
Our communities are located in high-growth markets where 75+ populations are expanding rapidly and household incomes exceed national medians, supporting both demand affordability.
Sector-Dedicated Asset Management
Our team specializes in the operational and financial intricacies of senior living, partnering directly with operators to enhance care delivery, optimize NOI and elevated resident experience.
Premier Operator Relationships
We collaborate with established regional providers who bring deep clinical expertise, strong reputations and a proven ability to tailor services to local market needs.
Institutional Financial Discipline
We actively benchmark performance, oversee capital planning, evaluate repositioning or disposition opportunities and maintain a rigorous focus on financial outcomes.
More from our portfolio
Seeing potential first is what sets us apart. In every market we serve, we move early, think boldly and turn possibility into long-term value.
The information appearing on RMR’s website includes statements which constitute forward looking statements. These forward looking statements are based upon RMR’s present intents, beliefs or expectations, but forward looking statements are not guaranteed to occur and may not occur. Actual results may differ materially from those contained in forward looking statements. The information contained in DHC’s filings with the Securities and Exchange Commission, including under “Risk Factors" and “Warnings Concerning Forward Looking Statements” in DHC’s periodic reports and other filings, identifies important factors that could cause DHC’s actual results to differ materially from those stated in DHC’s forward looking statements. DHC’s filings with the SEC are available on the SEC’s website at www.sec.gov and are also accessible on DHC’s website at the following link: SEC Filings. You should not place undue reliance upon forward looking statements.