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