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Articles from Sonida Senior Living, Inc.

Sonida Announces Latest Asset Acquisition and Closing of Fannie Mae Maturity Modifications
Sonida Senior Living, Inc. (“Sonida” or the “Company”) (NYSESNDA), a leading owner, operator and investor in senior living communities, announced today the closing of its latest acquisition, as the Company continues to execute on its inorganic, accretive growth strategy, which aims to further expand and upgrade its portfolio to fully leverage operating scale and efficiencies.
By Sonida Senior Living, Inc. · Via Business Wire · January 6, 2025
Sonida Senior Living Announces Third Quarter 2024 Results
Sonida Senior Living, Inc. (the “Company,” “Sonida,” “we,” “our,” or “us”) (NYSESNDA) a leading owner, operator and investor of senior housing communities, today announced its results for the third quarter ended September 30, 2024.
By Sonida Senior Living, Inc. · Via Business Wire · November 13, 2024
Sonida Continues Executing on its Accretive Growth and Capital Allocation Strategy with $48 Million of Investments
Sonida Senior Living, Inc. (“Sonida” or the “Company”) (NYSESNDA), a leading owner, operator and investor in senior living communities, announced today the closing of its latest acquisition, as the Company continues to execute on its capital allocation and inorganic, accretive growth strategy, which aims to further expand and upgrade its portfolio to fully leverage operating scale and efficiencies.
By Sonida Senior Living, Inc. · Via Business Wire · November 5, 2024
Sonida Announces Third Quarter 2024 Earnings Release Date and Conference Call
Sonida Senior Living, Inc. (“Sonida” or the “Company”) (NYSESNDA), 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 and operating results at 11:00 a.m. Eastern Time.
By Sonida Senior Living, Inc. · Via Business Wire · October 29, 2024
Sonida Announces General Counsel Transition
Sonida Senior Living, Inc. (“Sonida” or the “Company”) (NYSESNDA), 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 stepping down from his current role to pursue other opportunities after a distinguished, 32-year career with Sonida. In the interim, Mr. Brickman and Ms. Bailey will be working closely together to ensure a seamless transition. To assist through this period, the Company and Mr. Brickman have entered into a six-month consulting agreement pursuant to which Mr. Brickman will perform consulting services for the Company for the period beginning on January 1, 2025 and ending on June 30, 2025.
By Sonida Senior Living, Inc. · Via Business Wire · October 28, 2024
Sonida Continues to Execute on its Accretive Growth Plan and Upsizes its Revolver
Sonida Senior Living, Inc. (“Sonida” or the “Company”) (NYSESNDA), a leading owner, operator and investor in communities and services for seniors, today provided an update on its recently closed acquisitions and capital markets activity.
By Sonida Senior Living, Inc. · Via Business Wire · October 3, 2024
Sonida to Participate in the BofA Securities 2024 Global Real Estate Conference
Sonida Senior Living, Inc. (“Sonida” or the “Company”) (NYSESNDA), 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 Tower in New York.
By Sonida Senior Living, Inc. · Via Business Wire · September 5, 2024
Sonida Provides Summary of Recent Capital Markets and Capital Allocation Activities
Sonida Senior Living, Inc. (“Sonida” or the “Company”) (NYSESNDA), a leading owner, operator and investor in communities and services for seniors, today provided a summary on its recent capital markets activity and pending acquisitions.
By Sonida Senior Living, Inc. · Via Business Wire · August 23, 2024
Sonida Senior Living Prices Upsized Public Offering of Common Stock
Sonida Senior Living, Inc. (“Sonida” or the “Company”) (NYSESNDA), 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 a 30-day option to purchase up to an additional 645,000 shares of the Company’s common stock. The offering is expected to close on August 19, 2024, subject to customary closing conditions.
By Sonida Senior Living, Inc. · Via Business Wire · August 15, 2024
Sonida Senior Living Announces Public Offering of Common Stock
Sonida Senior Living, Inc. (“Sonida” or the “Company”) (NYSESNDA), 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.
By Sonida Senior Living, Inc. · Via Business Wire · August 15, 2024
Sonida Announces Planned Acquisition of High-Quality, Eight-Asset Senior Housing Portfolio Located in Florida and South Carolina for $103 Million
Sonida Senior Living, Inc. (“Sonida” or the “Company”) (NYSESNDA), a leading owner, operator and investor in communities and services for seniors, today announced that the Company is under contract to acquire eight senior living communities strategically located in attractive submarkets within the Southeast. This transaction further densifies the Company’s footprint in northern Florida and South Carolina and creates operating efficiencies given the meaningful regional scale. The transaction includes 555 units with Assisted Living and Memory Care offerings.
By Sonida Senior Living, Inc. · Via Business Wire · August 15, 2024
Sonida Senior Living Announces Second Quarter 2024 Results
Sonida Senior Living, Inc. (the “Company,” “Sonida,” “we,” “our,” or “us”) (NYSESNDA) a leading owner, operator and investor of senior housing communities, today announced its results for the second quarter ended June 30, 2024.
By Sonida Senior Living, Inc. · Via Business Wire · August 12, 2024
Sonida Senior Living Announces Date of Second Quarter 2024 Earnings Release and Conference Call
Sonida Senior Living, Inc. (“Sonida” or “the Company”) (NYSESNDA), 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 operating results on Monday, August 12, 2024, at 11:00 a.m. Eastern Time.
By Sonida Senior Living, Inc. · Via Business Wire · August 5, 2024
Sonida Provides Recent Capital Allocation Updates
Sonida Senior Living, Inc. (“Sonida” or the “Company”) (NYSESNDA), a leading owner, operator and investor in communities and services for seniors, today announced that in late May and early July 2024, the Company executed two separate joint venture investments acquiring eight senior living communities strategically located in attractive submarkets within the Company’s geographic footprint, creating further density in Texas and the Midwest and allowing management to leverage market knowledge and create operating efficiencies. The transactions include 790 units with Independent Living, Assisted Living and Memory Care offerings. Combined with the previously announced May 9, 2024 acquisition of a 100-unit Assisted Living and Memory Care senior living community in Macedonia, Ohio, Sonida has added nine senior living communities to its portfolio year-to-date, bringing its total owned senior living portfolio to 70 communities. These acquisitions are consistent with the Company’s acquisition framework of acquiring high-quality, newer assets to which Sonida’s operating platform can add significant value. Including the Company’s two new management contracts, Sonida’s operating portfolio is comprised of 82 communities.
By Sonida Senior Living, Inc. · Via Business Wire · July 2, 2024
Sonida Enhances Executive Team and Board to Support Company Growth
Sonida Senior Living, Inc. (“Sonida” or the “Company”) (NYSESNDA), 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 Investment Officer (“CIO”). In addition, the Company also announced today that Lilly H. Donohue will be appointed to the Board.
By Sonida Senior Living, Inc. · Via Business Wire · May 10, 2024
Sonida Senior Living Announces First Quarter 2024 Results
Sonida Senior Living, Inc. (the “Company,” “we,” “our,” or “us”) (NYSESNDA), a leading owner-operator and investor in communities and services for seniors, today announced its results for the first quarter ended March 31, 2024.
By Sonida Senior Living, Inc. · Via Business Wire · May 10, 2024
Sonida Provides Updates on Acquisition and Capital Allocation Activity
Sonida Senior Living, Inc. (“Sonida” or the “Company”) (NYSESNDA), a leading owner-operator and investor in communities and services for seniors, today announced the recent closing of its latest senior living community acquisition, in addition to providing an update on pending acquisitions and capital markets activity during the second quarter of 2024.
By Sonida Senior Living, Inc. · Via Business Wire · May 9, 2024
Sonida Senior Living, Inc. Announces Fourth Quarter and Full Year 2023 Results
Sonida Senior Living, Inc. (the “Company,” “we,” “our,” or “us”) (NYSESNDA) announced results for the fourth quarter and for the full year ended December 31, 2023.
By Sonida Senior Living, Inc. · Via Business Wire · March 27, 2024
Sonida Senior Living, Inc. Announces Fourth Quarter and Full Year 2023 Earnings Release Date and Conference Call
Sonida Senior Living, Inc. (NYSESNDA) (“Sonida” or “the Company”) announced today that it will issue its fourth quarter and full year 2023 earnings release before the market opens for trading on the New York Stock Exchange on Wednesday, March 27, 2024. A conference call to discuss those earnings will be held on the same day, Wednesday, March 27, 2024, at 12:30 p.m. Eastern Time. The Company will file its 2023 Form 10-K on Wednesday, March 27, 2024.
By Sonida Senior Living, Inc. · Via Business Wire · March 12, 2024
Sonida Senior Living Announces $47.75 Million Equity Raise to Fund Discounted Debt Purchase, Accretive Capital Investments within the Existing Portfolio and Acquisitions
Sonida Senior Living, Inc. (“Sonida” or the “Company”) (NYSESNDA), a leading owner-operator of communities and services for seniors, announced the execution of a $47.75 million equity private placement, including an investment from Conversant Capital, the Company’s largest shareholder. The Company plans to use this new capital for the completion of its balance sheet repositioning, continued investments in value-enhancing community improvements, broader community programming and identified bolt-on acquisition opportunities from its robust pipeline.
By Sonida Senior Living, Inc. · Via Business Wire · February 6, 2024
Sonida Senior Living, Inc. Announces Third Quarter 2023 Results
Sonida Senior Living, Inc. (the “Company,” “we,” “our,” or “us”) (NYSESNDA) announced results for the third quarter ended September 30, 2023.
By Sonida Senior Living, Inc. · Via Business Wire · November 14, 2023
Sonida Senior Living Announces Third Quarter 2023 Earnings Release Date and Conference Call
Sonida Senior Living, Inc. (NYSESNDA) (“Sonida” or “the Company”) announced today that it will issue its Third Quarter 2023 earnings release before the market opens for trading on the New York Stock Exchange on Tuesday, November 14, 2023. A conference call to discuss those earnings will be held on Tuesday, November 14, 2023, at 4:00 p.m. Eastern Time.
By Sonida Senior Living, Inc. · Via Business Wire · November 3, 2023
Sonida Senior Living Names Tabitha Obenour Chief Clinical Officer
Sonida Senior Living, Inc. (the “Company” or “Sonida Senior Living”) (NYSESNDA), 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 provider Enlivant where she served as the company’s Vice President of Clinical Quality and Compliance.
By Sonida Senior Living, Inc. · Via Business Wire · November 3, 2023
Sonida Senior Living Announces Completion of Loan Modifications with Fannie Mae and Updated Performance Highlights Through Q3
Sonida Senior Living, Inc. (the “Company,” “Sonida,”) (NYSESNDA), 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.
By Sonida Senior Living, Inc. · Via Business Wire · October 10, 2023
Sonida Senior Living, Inc. Announces Second Quarter 2023 Results
Sonida Senior Living, Inc. (the “Company,” “we,” “our,” or “us”) (NYSESNDA) announced results for the second quarter ended June 30, 2023.
By Sonida Senior Living, Inc. · Via Business Wire · August 14, 2023
Sonida Senior Living Announces Second Quarter 2023 Earnings Release Date and Conference Call
Sonida Senior Living, Inc. (NYSESNDA) (“Sonida” or “the Company”) announced today that it will issue its Second Quarter 2023 earnings release before the market opens for trading on the New York Stock Exchange on Monday, August 14, 2023. A conference call to discuss those earnings will be held on Monday, August 14, 2023, at 12:30 p.m. Eastern Time.
By Sonida Senior Living, Inc. · Via Business Wire · August 2, 2023
Sonida Senior Living Strengthens Financial Position and Enhances Leadership Team to Position Company for Sustainable Growth
Sonida Senior Living, Inc. (the “Company”) (NYSESNDA), a leading owner-operator of communities and services for seniors, announced several steps the Company has taken to enhance its financial position and strategic capabilities.
By Sonida Senior Living, Inc. · Via Business Wire · July 5, 2023
U.S. News & World Report Recognizes 35 Sonida Senior Living Communities with Best Senior Living Award 2023-2024
Sonida Senior Living, Inc. (the “Company” or “Sonida Senior Living”) (NYSESNDA), 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 awards in multiple categories.
By Sonida Senior Living, Inc. · Via Business Wire · May 24, 2023
Sonida Senior Living, Inc. Announces First Quarter 2023 Results
Sonida Senior Living, Inc. (the “Company,” “we,” “our,” or “us”) (NYSESNDA) announced results for the first quarter ended March 31, 2023.
By Sonida Senior Living, Inc. · Via Business Wire · May 11, 2023
Sonida Senior Living Announces First Quarter 2023 Earnings Release Date and Conference Call
Sonida Senior Living, Inc. (NYSESNDA) (“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.
By Sonida Senior Living, Inc. · Via Business Wire · May 4, 2023
Sonida Senior Living, Inc. Announces Fourth Quarter and Full Year 2022 Results
Sonida Senior Living, Inc. (the “Company”) (NYSESNDA) announced results for the fourth quarter and for the full year ended December 31, 2022.
By Sonida Senior Living, Inc. · Via Business Wire · March 30, 2023
Sonida Senior Living Announces Fourth Quarter and Full Year 2022 Earnings Release Date and Conference Call
Sonida Senior Living, Inc. (NYSESNDA) (“Sonida” or “the Company”) announced today that it will issue its fourth quarter and full year 2022 earnings release before the market opens for trading on the New York Stock Exchange on Thursday, March 30, 2023, and will hold its conference call to discuss those earnings the same day at 2:30 p.m. Eastern Time. The Company will file its 2022 Form 10-K on Thursday, March 30, 2023.
By Sonida Senior Living, Inc. · Via Business Wire · March 17, 2023
Sonida Senior Living, Inc. Announces Third Quarter 2022 Results
Sonida Senior Living, Inc. (the “Company,” “we,” “our,” or “us”) (NYSESNDA) announced results for the third quarter ended September 30, 2022.
By Sonida Senior Living, Inc. · Via Business Wire · November 14, 2022
Sonida Senior Living Announces Third Quarter 2022 Earnings Release Date and Conference Call
Sonida Senior Living, Inc. (NYSESNDA) (“Sonida” or “the Company”) announced today that it will issue its Third Quarter 2022 earnings release before the market opens for trading on the New York Stock Exchange on Monday November 14, 2022. A conference call to discuss those earnings will be held on Monday November 14, 2022, at 1:30 p.m. Eastern Time.
By Sonida Senior Living, Inc. · Via Business Wire · November 1, 2022
Sonida Senior Living, Inc. Announces Second Quarter 2022 Results
Sonida Senior Living, Inc. (the “Company,” “we,” “our,” or “us”) (NYSESNDA) announced results for the second quarter ended June 30, 2022.
By Sonida Senior Living, Inc. · Via Business Wire · August 12, 2022
Sonida Senior Living Announces Leadership Transition
Sonida Senior Living, Inc. (the “Company” or “Sonida”) (NYSESNDA), one of the nation’s leading senior living owner-operators, announced that Kimberly S. Lody has decided to step down after an eight-year tenure with the Company, including approximately three and a half years as Chief Executive Officer (CEO). In accordance with the Company’s succession plan, Brandon M. Ribar, the Company’s Chief Operating Officer (COO), has been appointed President and CEO, effective September 2, 2022. Lody will continue to serve in her current role through September 2, 2022, to ensure a smooth transition. Ribar has also been appointed to succeed Lody as a member of the Company’s Board of Directors, effective September 2, 2022.
By Sonida Senior Living, Inc. · Via Business Wire · August 4, 2022
Sonida Senior Living Announces Second Quarter 2022 Earnings Release Date and Conference Call
Sonida Senior Living, Inc. (NYSESNDA) (“Sonida” or “the Company”) announced today that it will issue its Second Quarter 2022 earnings release before the market opens for trading on the New York Stock Exchange on Friday August 12, 2022. A conference call to discuss those earnings will be held on Friday August 12, 2022, at 1:30 p.m. Eastern Time.
By Sonida Senior Living, Inc. · Via Business Wire · July 28, 2022
Sonida Senior Living Names Tim Cober as Chief Accounting Officer
Sonida Senior Living, Inc. (the “Company” or “Sonida Senior Living”) (NYSESNDA), one of the nation’s leading senior living owner-operators, announced the appointment of Tim Cober, CPA, as Chief Accounting Officer, effective July 1, 2022. Cober joins Sonida Senior Living from Spire Hospitality, a national third-party hospitality management company, where he most recently served as Vice President of Accounting. Cober will succeed Howard Garfield whose last day with the Company will be July 1, 2022.
By Sonida Senior Living, Inc. · Via Business Wire · June 24, 2022
U.S. News & World Report Recognizes 30 Sonida Senior Living Communities with Best Senior Living Awards
Sonida Senior Living, Inc. (the “Company” or “Sonida Senior Living”) (NYSESNDA), a leading owner-operator of senior living communities and services announced that 30 of its communities received designations of Best Independent Living, Best Assisted Living, or Best Memory Care on U.S. News & World Report’s Best Senior Living Communities 2022. Several of the communities received awards in multiple categories.
By Sonida Senior Living, Inc. · Via Business Wire · June 16, 2022
Sonida Senior Living, Inc. Announces First Quarter 2022 Results
Sonida Senior Living, Inc. (the “Company,” “we,” “our,” or “us”) (NYSESNDA) announced results for the first quarter ended March 31, 2022.
By Sonida Senior Living, Inc. · Via Business Wire · May 23, 2022
Sonida Senior Living Announces First Quarter 2022 Earnings Release Date and Conference Call
Sonida Senior Living, Inc. (NYSESNDA) (Sonida or the Company) announced today that it will issue its First Quarter 2022 earnings release before the market opens for trading on the New York Stock Exchange on Monday, May 23, 2022. A conference call to discuss those earnings will be held on Monday, May 23, 2022, at 1:30 p.m. Eastern Time.
By Sonida Senior Living, Inc. · Via Business Wire · May 12, 2022
Sonida Senior Living Announces Two New Hires to Strengthen its Finance and Accounting Team
Sonida Senior Living, Inc. (The “Company” or “Sonida Senior Living”) (NYSESNDA), one of the nation’s leading senior living companies, adds two more team members to its accounting and finance function. Howard Garfield, CPA, and Debbie Milligan, CPA, have been appointed as Chief Accounting Officer and Director of Financial Reporting, respectively. They started, along with the Company’s new Chief Financial Officer Kevin Detz, on May 1, 2022.
By Sonida Senior Living, Inc. · Via Business Wire · May 4, 2022
Sonida Senior Living, Inc. Announces Fourth Quarter and Full Year 2021 Results
Sonida Senior Living, Inc. (the “Company”) (NYSESNDA) announced results for the fourth quarter and for the full year ended December 31, 2021.
By Sonida Senior Living, Inc. · Via Business Wire · April 18, 2022
Sonida Senior Living, Inc. To Extend Timing of Fourth Quarter and Full-Year Earnings Release
Sonida Senior Living, Inc., ­(NYSESNDA) announced today that it will file a Form 12b-25 Notification of Late Filing with the Securities and Exchange Commission for an extension to file the Company’s Annual Report on Form 10-K for the year ended December 31, 2021.
By Sonida Senior Living, Inc. · Via Business Wire · March 30, 2022
Sonida Senior Living Completes Acquisition of Two Senior Living Communities in the Indianapolis Market
Sonida Senior Living, Inc. (the “Company” or “Sonida Senior Living”) (NYSESNDA), a leading owner-operator of senior living communities, announced today that it has completed the purchase of two recently renovated senior living communities for approximately $12.3 million.
By Sonida Senior Living, Inc. · Via Business Wire · February 1, 2022
Sonida Senior Living Announces Agreement to Acquire Two Senior Living Communities in the Indianapolis Market
Sonida Senior Living, Inc. (the “Company” or “Sonida Senior Living”) (NYSESNDA), a leading owner-operator of senior living communities, announced that it entered into a purchase and sale agreement to acquire two recently renovated senior living communities for approximately $12.3 million.
By Sonida Senior Living, Inc. · Via Business Wire · December 16, 2021
Sonida Senior Living Announces November 2021 Occupancy
Sonida Senior Living, Inc. (the “Company” or “Sonida Senior Living”) (NYSESNDA), a leading owner-operator of senior living communities and services announced its November 2021 occupancy.
By Sonida Senior Living, Inc. · Via Business Wire · December 14, 2021