Sonida Senior Living to expand footprint via $103 million purchase of 8-community portfolio
By
Kathleen Steele Gaivin
Aug 19, 2024
Sonida Senior Living will acquire eight senior living communities in the Southeast in a $103 million transaction, the Dallas-based owner-operator announced Thursday. The news follows the company’s previous...
Sonida Senior Living sees occupancy record, acquires 9 communities
By
Kimberly Bonvissuto
Aug 13, 2024
Dallas-based Sonida Senior Living saw the highest occupancy in the history of its same-store portfolio and made “considerable” progress on its other growth initiatives, too, in the second quarter,...
Business briefs, April 4
By
Kathleen Steele Gaivin
Apr 04, 2024
Diversified Healthcare Trust reports occupancy dips, NOI increases … Medicaid unwinding complicates care decisions for some assisted living providers … DOL to host May 15 online meeting to hear public...
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.
Aveanna Healthcare, CareTrust REIT, Invesque and Sonida Senior Living reported first-quarter results on Thursday.
Ventas to take over Santerre skilled nursing, senior living, medical office properties
By
Kathleen Steele Gaivin
Apr 03, 2023
Ventas will assume ownership of the collateral that supports its approximately $486 million cash-pay mezzanine loan to Santerre Health Investors, the Chicago-based real estate investment trust announced...
Kimberly Lody to depart as Sonida CEO; Brandon Ribar to succeed her
By
Lois A. Bowers
Aug 04, 2022
Kimberly Lody is stepping down as CEO of Dallas-based Sonida Senior Living after holding the position since January 2019, the company announced Thursday morning.
Brookdale, Sonida CEOs: Embracing change is vital for senior living leaders
By
Kathleen Steele Gaivin
Jul 14, 2022
Effective leaders have a “toolbox” of fortitude and humility to draw upon to help them navigate changes that arise, senior living executives said during Wednesday’s leadership huddle hosted by the...
People in the news, May 10
By
Amy Novotney
May 10, 2022
Appointments, promotions and retirements at Avera Health, CareTrust REIT, Cura Hospitality, Erickson Senior Living, Health Dimensions Group, Healthpeak Properties, Kendal, LeadingAge Minnesota, Link-age,...