Sonida Senior Living Closes Transformative CNL Healthcare Acquisition

The latest update is out from Sonida Senior Living ( (SNDA) ).

On March 11, 2026, Sonida Senior Living reported its fourth-quarter and full-year 2025 results, highlighting an 11.9% year-over-year increase in Q4 resident revenue to $86.3 million and a 90-basis-point rise in same-store occupancy to 87.9%. Despite a wider Q4 net loss of $29.8 million due to merger-related and restructuring costs and impairments, the company posted 24.5% growth in Adjusted EBITDA to $53.8 million for 2025 and a $26.2 million year-over-year improvement in operating cash flow, supported by steady gains in RevPAR, RevPOR and community NOI margins.

Also on March 11, 2026, Sonida closed its $1.8 billion acquisition of CNL Healthcare Properties, adding 69 senior housing communities and making it the eighth-largest senior housing owner in the U.S., while arranging extensive new financing including a $405 million revolving credit facility, $525 million in term loans, and a $270 million bridge loan to fund the deal. The transaction, together with a $110 million private placement from major shareholders, is expected to be immediately accretive to normalized FFO per share and to materially reshape Sonida’s 2026 results by expanding its portfolio to 153 communities and reinforcing its scale and competitive position in the senior housing sector.

The most recent analyst rating on (SNDA) stock is a Hold with a $34.00 price target. To see the full list of analyst forecasts on Sonida Senior Living stock, see the SNDA Stock Forecast page.

Spark’s Take on SNDA Stock

According to Spark, TipRanks’ AI Analyst, SNDA is a Neutral.

The score is held back primarily by weak financial fundamentals—high leverage, negative profitability, and deteriorating free cash flow—despite solid top-line growth and strong gross margin. Technicals are supportive with price above major moving averages and positive MACD, while valuation remains challenged due to negative earnings. The latest earnings call improves the outlook with strong NOI/EBITDA and occupancy trends plus a major acquisition plan, but execution and cost/leverage risks remain.

To see Spark’s full report on SNDA stock, click here.

More about Sonida Senior Living

Sonida Senior Living, Inc., based in Dallas and listed on the NYSE under the ticker SNDA, is a leading owner, operator and investor in senior housing communities across the United States. The company focuses on high-quality senior living assets and operates under a fully integrated owner-operator model with a resident-first philosophy, targeting growth in both existing communities and through strategic acquisitions.

Average Trading Volume: 55,142

Technical Sentiment Signal: Hold

Current Market Cap: $697.5M

See more insights into SNDA stock on TipRanks’ Stock Analysis page.