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Sonida Senior Living, Inc. ( (SNDA) ) has issued an update.
Sonida Senior Living, Inc. announced the acquisition of a senior living community in Cincinnati, increasing its portfolio to 20 properties acquired in 2024 and a total of 94 communities. Additionally, the company extended the maturity dates of its Fannie Mae loan agreements to 2029, which will allow it to focus on growth without significant debt maturities until 2027, thus strengthening its market position and operational scale.
More about Sonida Senior Living, Inc.
Dallas-based Sonida Senior Living, Inc. is a leading owner, operator, and investor in independent living, assisted living, and memory care communities for senior adults, providing resident-centric services and care across 94 senior housing communities in 20 states.
YTD Price Performance: -0.17%
Average Trading Volume: 73,629
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $435.6M
For a thorough assessment of SNDA stock, go to TipRanks’ Stock Analysis page.
