Sonida Senior Living acquires 9 communities, to manage 2 more … FDA approves donanemab treatment for early Alzheimer’s disease … House subcommittee advances proposal to cut HUD funding by 7% …...
Sonida Senior Living buys 9 communities, assumes management of 2 others
By
Kathleen Steele Gaivin
Jul 03, 2024
Sonida Senior Living has added nine senior living communities to its portfolio so far this year, all since May, the company announced Tuesday.
Actions & Transactions, May 30
By
Kathleen Steele Gaivin
May 30, 2024
Erickson Senior Living pays $53.5M for Florida farmland for future development … Sonida Senior Living purchases Cleveland-area community for $10.5M … Shelbourne Healthcare Development Group nears completion...
People in the news, May 14
May 14, 2024
Appointments, promotions and other news at the American Health Care Association/National Center for Assisted Living, Benchmark Senior Living, Emerald Communities, Leopardo, Lifespace Communities, Ohio...
First-quarter momentum allowing Sonida to ‘swiftly’ move into growth mode, execs say
By
Kimberly Bonvissuto
May 13, 2024
Sonida Senior Living ended the first quarter with significant momentum toward its growth goals and swiftly moved into growth mode in the second quarter, providing a “clear line of sight” into further...
Business briefs, May 13
By
Kathleen Steele Gaivin
May 13, 2024
First-quarter momentum allowing Sonida to ‘swiftly’ move into growth mode, execs say… Fitch Ratings affirms EveryAge at BBB-; outlook negative … Fitch Ratings affirms Eliza Jennings Senior Care...
Business briefs, April 4
By
Kathleen Steele Gaivin
Apr 04, 2024
Diversified Healthcare Trust reports occupancy dips, NOI increases … Medicaid unwinding complicates care decisions for some assisted living providers … DOL to host May 15 online meeting to hear public...
Sonida CEO optimistic about future after ‘transformational’ year
By
Kimberly Bonvissuto
Mar 28, 2024
2023 was a “transformational” year for Dallas-based Sonida Senior Living, and it paved the way for growth in 2024 and beyond, President and CEO Brandon Ribar said Wednesday during the company’s...
Debt-related efforts among ‘significant performance milestones’ for Sonida, execs say
By
Kathleen Steele Gaivin
Mar 28, 2024
Dallas-based Sonida Senior Living has optimized its balance sheet “through the comprehensive restructuring and modification of our debt,” culminating in a $47.75 million equity private placement that...
Sonida Senior Living looks to improve balance sheet, make investments with $47.7 million equity raise
By
Kathleen Steele Gaivin
Feb 07, 2024
A $47.7 million equity raise will help Sonida Senior Living improve its finances, invest in its communities and programming, and consider acquisitions, the Dallas-based owner-operator said Tuesday. The...