Senior Housing News March 17, 2025
Sonida Senior Living (NYSE: SNDA) has a senior living portfolio that now is almost a third larger than it was at the start of 2024, with operational momentum trending in the right direction now in 2025, according to CEO Brandon Ribar.
Throughout 2024, Sonida added 20 communities to its management portfolio, in the process growing its number of senior living units by 30%. Alongside the portfolio growth, the Dallas, Texas-based company notched a 19% increase in net operating income, largely attributable to its acquired communities, which carried higher resident rates.
The company’s big goals in 2025 include using its regional density to its advantage. The company also is using business intelligence and third-party technology tools to improve its operating performance,...
Today's Sponsors
Today's Sponsor