Sonida Senior Living (NYSE: SNDA) is growing via acquisitions in 2025, and the company will stay on that course so long as development of new communities stays tough. In 2024, the Dallas-based senior living operator took on 20 new communities in states such as Georgia, Florida and South Carolina, representing about $258 million in gross assets, according to its first-quarter 2025 earnings presentation. Today, the company’s footprint spans 94 communities in 20 states, with the operator holding some or all ownership of 81 properties. According to CEO Brandon Ribar, the company’s current strategy is a product of the fact that “development yields are nonexistent right now.”
Read the full article: Sonida Senior Living Leans into Acquisition Strategy as Development Yields Remain ‘Nonexistent’ //
Source: https://seniorhousingnews.com/2025/05/21/sonida-senior-living-leans-into-acquisition-strategy-as-development-yields-remain-non-existent/