Completes previously disclosed purchase of two senior living communities in Atlanta market for $29.0 million Brings total year-to-date acquired properties to 19 and total operating portfolio to 93 communities Completes previously disclosed discounted payoff of two mortgage loans representing $28.7 million of outstanding principal for $18.5 million, a 36% discount DALLAS / Nov 05, 2024 / Business Wire / Sonida Senior Living,... Read More

DALLAS / Oct 29, 2024 / Business Wire / Sonida Senior Living, Inc. (“Sonida” or the “Company”) (NYSE: SNDA), a leading owner, operator and investor in communities and services for seniors, today announced that it will issue its third quarter 2024 earnings results before the market opens for trading on Wednesday, November 13, 2024. The Company will then host a conference call and webcast to review its financial performance... Read More

DALLAS / Oct 28, 2024 / Business Wire / Sonida Senior Living, Inc. (“Sonida” or the “Company”) (NYSE: SNDA), a leading owner, operator and investor in senior living communities, announced today that Tabitha Bailey will be appointed senior vice president and chief legal officer, effective January 1, 2025, reporting to President and Chief Executive Officer, Brandon Ribar. Ms. Bailey will succeed David Brickman, who will be... Read More

Completes previously announced acquisition of eight senior living communities in the Southeast for $103 million, bringing total year-to-date acquired properties to 17 and total operating portfolio to 91 communities Enters into agreement to acquire two new communities in Atlanta, GA for $29 million Closes additional $75 million commitment on senior secured revolving credit facility, expanding total capacity to $150 million... Read More

DALLAS / Sep 05, 2024 / Business Wire / Sonida Senior Living, Inc . (“Sonida” or the “Company”) (NYSE: SNDA), a leading owner, operator and investor in communities and services for seniors, announced today that Brandon Ribar, President and Chief Executive Officer, and Max Levy, Chief Investment Officer, will participate in the BofA Securities 2024 Global Real Estate Conference on September 12, 2024, at the Bank of America... Read More

New pending acquisition of eight-asset senior housing portfolio for $103 million to grow Sonida’s total senior living operating portfolio to 91 communities Raised $130 million in gross proceeds through upsized public offering of common stock in August 2024 to fund pending acquisitions $150 million commitment on new senior secured revolving credit facility to support growth DALLAS / Aug 23, 2024 / Business Wire / Sonida... Read More

DALLAS / Aug 15, 2024 / Business Wire / Sonida Senior Living, Inc. (“Sonida” or the “Company”) (NYSE: SNDA), a leading owner, operator and investor in senior housing communities, announced today that it has priced an underwritten public offering of 4,300,000 shares of its common stock upsized from 4,000,000 shares at launch. The price to the public of the offering is $27.00 per share. The Company has granted the underwriters... Read More

DALLAS / Aug 15, 2024 / Business Wire / Sonida Senior Living, Inc. (“Sonida” or the “Company”) (NYSE: SNDA), a leading owner, operator and investor in senior housing communities, announced today that it has commenced an underwritten public offering of 4,000,000 shares of its common stock. The Company expects to grant the underwriters a 30-day option to purchase 600,000 additional shares of the Company’s common stock. The... Read More

Portfolio will continue to strengthen Sonida’s asset mix with the addition of newer vintage, high-quality real estate at significant discounts to replacement cost Solidifies presence in the Southeast in submarkets with strong demographic tailwinds and limited supply growth New planned acquisition, combined with recently closed acquisitions, will total 17 communities added to Sonida’s owned senior living portfolio in 2024... Read More

DALLAS / Aug 12, 2024 / Business Wire / Sonida Senior Living, Inc. (the “Company,” “Sonida,” “we,” “our,” or “us”) (NYSE: SNDA) a leading owner, operator and investor of senior housing communities, today announced its results for the second quarter ended June 30, 2024. “Continued momentum through focused execution on our operational, financial and strategic growth initiatives resulted in another quarter of exceptional... Read More

DALLAS / Aug 05, 2024 / Business Wire / Sonida Senior Living, Inc. (“Sonida” or “the Company”) (NYSE: SNDA), a leading operator, owner and investor in communities and services for seniors, today announced that it will issue its second quarter 2024 earnings results before the market opens for trading on Monday, August 12, 2024. The Company will host a conference call and webcast to review its financial performance and... Read More

New joint venture acquisitions in May and July and previously announced acquisition in Q2 add nine communities to Sonida’s owned senior living portfolio Newly acquired assets continue to strengthen Sonida’s portfolio quality with the addition of newer vintage, high-quality real estate at significant discounts to replacement cost Sonida also enters into management agreements on two new assets on behalf of a REIT partner In Q2... Read More

Max Levy appointed Chief Investment Officer in newly created role Lilly H. Donohue, a long-time senior living industry executive, to join Board of Directors DALLAS / May 10, 2024 / Business Wire / Sonida Senior Living, Inc. (“Sonida” or the “Company”) (NYSE: SNDA), a leading owner-operator and investor in communities and services for seniors, today announced the appointment of Max Levy to the newly created role of Chief... Read More

DALLAS / May 10, 2024 / Business Wire / Sonida Senior Living, Inc. (the “Company,” “we,” “our,” or “us”) (NYSE: SNDA), a leading owner-operator and investor in communities and services for seniors, today announced its results for the first quarter ended March 31, 2024. “We achieved strong across-the-board results during the first quarter of 2024, executing on our key financial and operational priorities with year-over-year... Read More

Recently completed acquisition in Ohio bringing total U.S. senior living portfolio to 72 communities In process of acquiring an additional eight geographically strategic communities alongside joint venture partners with anticipated closings in second quarter 2024 In process of broadening management footprint with 3 new communities scheduled to transition to Sonida in June 2024 Raised approximately $10.3 million in net... Read More

DALLAS / May 02, 2024 / Business Wire / Sonida Senior Living, Inc. (“Sonida” or “the Company”) (NYSE: SNDA), a leading owner-operator and investor in communities and services for seniors, today announced that it will issue its first quarter 2024 earnings results before the market opens for trading on Friday, May 10, 2024. The Company will host a conference call and webcast to review its financial performance and operating... Read More

DALLAS / Mar 27, 2024 / Business Wire / Sonida Senior Living, Inc. (the “Company,” “we,” “our,” or “us”) (NYSE: SNDA) announced results for the fourth quarter and for the full year ended December 31, 2023. “2023 was a transformational year for Sonida. We achieved significant performance milestones while accomplishing key strategic objectives and delivering industry-leading care and services to our residents. These... Read More

Purchased $77.4 million of mortgage indebtedness across seven Sonida communities for $40.2 million, representing a 48% discount Company to invest in high-returning capital projects within the existing portfolio $25 million of equity capital will be available for potential acquisitions and working capital DALLAS / Feb 06, 2024 / Business Wire / Sonida Senior Living, Inc. (“Sonida” or the “Company”) (NYSE: SNDA), a leading... Read More

DALLAS / Nov 14, 2023 / Business Wire / Sonida Senior Living, Inc. (the “Company,” “we,” “our,” or “us”) (NYSE: SNDA) announced results for the third quarter ended September 30, 2023. “We continue to see growth in both year-over-year occupancy and revenue that is surpassing industry trends. This strong financial performance combined with our improved debt structure has Sonida firmly positioned for strategic expansion within... Read More

Expands Sonida’s Leadership Team with Robust Clinical Operations Expertise DALLAS / Nov 03, 2023 / Business Wire / Sonida Senior Living, Inc. (the “Company” or “Sonida Senior Living”) (NYSE: SNDA), a leading owner-operator of senior living communities and services, announced the appointment of Tabitha Obenour as Vice President and Chief Clinical Officer, effective November 1, 2023. Obenour joins Sonida from senior living... Read More

DALLAS / Oct 10, 2023 / Business Wire / Sonida Senior Living, Inc. (the “Company,” “Sonida,”) (NYSE: SNDA), a leading owner-operator of communities and services for seniors, announced the execution of its loan modifications with Fannie Mae in tandem with strong September and Q3 2023 occupancy growth. As previously announced on June 29, 2023, Sonida entered into a comprehensive forbearance agreement with Fannie Mae as the... Read More

JOHNS CREEK, Ga., Oct. 02, 2023 (GLOBE NEWSWIRE) -- Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare, and e-learning industries, announced that it has signed an agreement with its Lenders, providing for a further period until November 15, 2023 for repayment of certain obligations under its Credit Facility, subject to certain... Read More

DALLAS / Aug 14, 2023 / Business Wire / Sonida Senior Living, Inc. (the “Company,” “we,” “our,” or “us”) (NYSE: SNDA) announced results for the second quarter ended June 30, 2023. “The Company’s consistent occupancy and revenue growth year-over-year and the additional financial flexibility created by successful agreements with our two largest lending partners enable us to continue building on our strong operational momentum... Read More

Completes initial phase of debt restructuring covering 49 assets financed by Fannie Mae and Ally Bank Fannie Mae agreement will result in approximately $40 million of additional free cash flow over the next three years Conversant Capital, Sonida’s largest shareholder, provides $13.5 million equity commitment, available to Sonida at its option over 18 months DALLAS / Jul 05, 2023 / Business Wire / Sonida Senior Living, Inc.... Read More

DALLAS / May 24, 2023 / Business Wire / Sonida Senior Living, Inc. (the “Company” or “Sonida Senior Living”) (NYSE: SNDA), a leading owner-operator of senior living communities and services announced that 35 of its communities received designations of Best Independent Living, Best Assisted Living, and/or Best Memory Care on U.S. News & World Report’s Best Senior Living Communities 2023. Several of the communities received... Read More

DALLAS / May 11, 2023 / Business Wire / Sonida Senior Living, Inc. (the “Company,” “we,” “our,” or “us”) (NYSE: SNDA) announced results for the first quarter ended March 31, 2023. “The combination of strong and stable leadership across our operating platform, productive discussions and progress with our lending partners and recent significant margin expansion, position the Company for continued growth in 2023 and beyond,”... Read More

DALLAS / May 04, 2023 / Business Wire / Sonida Senior Living, Inc. (NYSE: SNDA) (“Sonida” or “the Company”) announced today that it will issue its First Quarter 2023 earnings release before the market opens for trading on the New York Stock Exchange on Thursday, May 11, 2023. A conference call to discuss those earnings will be held on Thursday, May 11, 2023, at 12:30 p.m. Eastern Time. The call-in number for the conference... Read More

DALLAS / Mar 30, 2023 / Business Wire / Sonida Senior Living, Inc. (the “Company”) (NYSE: SNDA) announced results for the fourth quarter and for the full year ended December 31, 2022. 2022 Fourth Quarter Highlights Weighted average occupancy for the Company’s owned portfolio of 62 communities increased 310 basis points year-over-year vs. Q4 2021, and 50 basis points sequentially vs. Q3 2022. For the full year ended December... Read More