Avamere Spinning Off Senior Living Division Into New Operator Arete Living

A new senior living company is spinning off from The Avamere Family of Companies with a goal of rebranding and re-focusing operations for a new generation of senior living residents.

The new operator, Arete Living, on Tuesday announced it is spinning off from the Wilsonville, Oregon-based senior care company and is now operating its 28 senior living communities across seven states.