Sonida Senior Living completes $1.8 billion merger with CNL Healthcare

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Sonida Senior Living Completes $1.8 Billion Strategic Merger with CNL Healthcare Properties, Inc.

March 11, 2026 7:30 AM EDT

Creates $3.3 Billion Pure-Play Senior Housing Owner-Operator and Eighth Largest Owner of U.S. Senior Living Assets1

Estimated Normalized FFO Per Share Accretion of 62% on a Run-Rate Basis with Substantial Near-Term and Future Synergies

Strengthens Balance Sheet Through Immediate Deleveraging and Significantly Deepened Access to Capital

DALLAS--(BUSINESS WIRE)-- Sonida Senior Living, Inc. (Sonida or the Company) (NYSE: SNDA), one of the largest, pure-play owner-operators and investors in U.S. senior living communities, today announced the completion of its... More