Sonida Closes Two Previously Announced Senior Living Asset Acquisitions

Sonida Senior Living, Inc. (“Sonida” or the “Company”) (NYSE: SNDA), a leading owner, operator and investor in senior living communities, announces the closing of its latest acquisitions. On June 1, 2025, the Company finalized the acquisition of a single senior living community in the Atlanta MSA for $11 million, or approximately $125,000 per unit, reflecting a significant discount to replacement cost. The upscale and amenitized asset has 88 units (64 Assisted Living / 24 Memory Care) and was completed in 2017. On May 30, 2025, the Company finalized the acquisition of a single senior living community in an affluent and growing submarket of Tampa. The asset, completed in 2017, was purchased for $11 million, or approximately $172,000 per unit.

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Source: https://www.businesswire.com/news/home/20250609358410/en/Sonida-Closes-Two-Previously-Announced-Senior-Living-Asset-Acquisitions

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