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Sonida Senior Living Completes Two Key Acquisitions

Story Highlights
  • Sonida Senior Living completed acquisitions in Atlanta and Tampa for $11 million each.
  • These acquisitions enhance Sonida’s portfolio and are expected to yield a double-digit cap rate.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Sonida Senior Living Completes Two Key Acquisitions

Elevate Your Investing Strategy:

Sonida Senior Living ( (SNDA) ) has provided an update.

On June 9, 2025, Sonida Senior Living announced the completion of two acquisitions of senior living communities in Atlanta, Georgia, and Tampa, Florida, each for $11 million. These acquisitions are part of Sonida’s strategy to expand and upgrade its portfolio by acquiring high-quality communities at discounts to replacement costs. The Atlanta acquisition, finalized on June 1, 2025, adds an upscale 88-unit community to Sonida’s portfolio, enhancing its presence in the high-growth Alpharetta area. The Tampa acquisition, completed on May 30, 2025, involves a 64-unit memory care facility in Tarpon Springs, complementing Sonida’s central Florida assets. Both acquisitions are expected to yield a double-digit cap rate upon stabilization, supporting Sonida’s growth strategy and market positioning.

The most recent analyst rating on (SNDA) stock is a Hold with a $25.00 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.

Sonida Senior Living’s stock score is primarily impacted by its challenging financial performance and valuation. The positive aspects from the earnings call, such as NOI growth and strategic plans, provide some optimism. Technical analysis supports potential upward momentum, but financial stability remains a significant concern.

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

More about Sonida Senior Living

Dallas-based Sonida Senior Living, Inc. is a leading owner, operator, and investor in independent living, assisted living, and memory care communities and services for senior adults. The company provides compassionate, resident-centric services and care, as well as engaging programming at its senior housing communities. As of June 1, 2025, Sonida owned, managed, or invested in 96 senior housing communities across 20 states, with a capacity of approximately 10,150 residents.

Average Trading Volume: 30,905

Technical Sentiment Signal: Buy

Current Market Cap: $478.4M

For a thorough assessment of SNDA stock, go to TipRanks’ Stock Analysis page.

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