Sonida Closes Senior Living Community Acquisition

Sonida Senior Living, Inc. (“Sonida” or the “Company”) (NYSE: SNDA), a leading owner-operator and investor in communities and services for seniors, announces the recent closing of its latest senior living community acquisition. On May 9, 2024, the Company closed on the acquisition of a 100-unit Assisted Living and Memory Care senior living community in Macedonia, Ohio, a growing suburb of Cleveland. The latest acquisition, in close proximity to an existing Sonida asset, brings the total number of the Company’s Ohio portfolio properties to 11.

Read the full article: Sonida Closes Senior Living Community Acquisition //

Source: https://www.businesswire.com/news/home/20240509640522/en/Sonida-Provides-Updates-on-Acquisition-and-Capital-Allocation-Activity

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