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...
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...
Sonida looks to close out ‘exceptional’ recovery year, focused on 2024 growth
By
Kimberly Bonvissuto
Nov 15, 2023
Sonida Senior Living is approaching the end of an “exceptional” year in its recovery, with increased occupancy and rate growth, along with stabilizing operating expenses.
Sonida optimistic for near-term outcomes, with ‘significant momentum’ heading into Q4
By
Kimberly Bonvissuto
Oct 11, 2023
Third-quarter occupancy gains on the heels of finalization of a comprehensive restructuring plan are creating “significant momentum” and optimism for near-term outcomes for Sonida Senior Living heading...
Sonida experiences ‘pivotal’ second quarter in continuing effort to rebuild
By
Kimberly Bonvissuto
Aug 15, 2023
In a “pivotal” second quarter, Dallas-based Sonida Senior Living saw occupancy “surpass industry averages” from early 2023, an aggressive resident rate push and expenses moderate against a backdrop...
Fishers, IN-based healthcare real estate company Invesque and Dallas-based senior living provider Sonida Senior Living held second-quarter earnings calls on Monday.
People in the news, July 11
Jul 11, 2023
Appointments, promotions and other news at Anthem Memory Care, BHI Senior Living Bridges by EPOCH Communities, Caregiving Action Network, Discovery Senior Living, Erickson Senior Living, Florida Senior...
Sonida Senior Living takes steps to strengthen financial position as it plans for growth
By
Lois A. Bowers
Jul 06, 2023
Dallas-based Sonida Senior Living on Wednesday announced several steps that the company has taken or plans to take to try to improve its financial position and set itself up for growth.