Senior Housing News November 5, 2025
Sonida Senior Living (NYSE: SNDA) is planning a merger with CNL Healthcare Properties in a $1.8 billion deal, creating the eighth largest owner of senior living assets by unit count.
With the closing of the deal, Sonida will have a combined portfolio of 153 owned independent living, assisted living and memory care communities. Post-closing, the newly combined company will still trade under the ticker “SNDA” on the New York Stock Exchange.
The deal is an “inflection point” for Sonida given it is doubling the company’s footprint. The combined company will be the eighth-largest owner of U.S. senior housing assets with more than 14,700 units, according to the press release.
In an interview with Senior Housing News following the...
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