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Stock impact report

Sonida Continues to Execute on its Accretive Growth Plan and Upsizes its Revolver

Sonida Senior Living, Inc. (SNDA) 
Company Research Source: Business Wire
Completes previously announced acquisition of eight senior living communities in the Southeast for $103 million, bringing total year-to-date acquired properties to 17 and total operating portfolio to 91 communitiesEnters into agreement to acquire two new communities in Atlanta, GA for $29 millionCloses additional $75 million commitment on senior secured revolving credit facility, expanding total capacity to $150 million DALLAS--(BUSINESS WIRE)--Sonida Senior Living, Inc. (“Sonida” or the “Company”) (NYSE: SNDA), a leading owner, operator and investor in communities and services for seniors, today provided an update on its recently closed acquisitions and capital markets activity.“Both of these transactions continue our value-creating, external growth strategy that is capitalizing on historically favorable senior housing trends through geographic densification, creative deal structuring and expansion of our best-in-class operating platform,” said Brandon Ribar, President and Chief E Show less Read more
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