Sonida Senior Living Secures Expanded Credit Facilities for Acquisition

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

On December 29, 2025, Sonida Senior Living, Inc. entered into an amended and restated credit agreement with a syndicate of lenders led by BMO Bank, N.A., replacing its July 24, 2024 facility with a significantly larger, multi-tranche structure tied to the planned acquisition of CNL Healthcare Properties, Inc. The new agreement provides two term loan facilities totaling $525 million with three- and five-year maturities and a $375 million revolving credit facility with a four-year maturity and a one-year extension option, all bearing interest at variable rates linked to Term SOFR or a base rate, with margins dependent on Sonida’s leverage ratio. The facilities are secured by first-priority pledges of equity in borrowing-base property-owning entities and guaranteed by existing guarantor subsidiaries and designated CHP subsidiaries, subject to release of certain pledges after 12 months and covenant compliance. The loans are non-amortizing, allow prepayment without penalty, and are subject to comprehensive financial and operational covenants, including leverage, coverage, tangible net worth, borrowing-base, and dividend limitations. The lenders’ obligation to fund under the new credit agreement, and the effectiveness of the amended covenant package, remain contingent on the concurrent closing of the CHP acquisition and other customary conditions; if those are not met by the commitment termination date, Sonida’s prior credit agreement will remain in place.

The most recent analyst rating on (SNDA) stock is a Hold with a $31.00 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 overall stock score reflects significant financial challenges, including high leverage and negative profitability, which weigh heavily on the score. However, the positive outlook from the recent earnings call, driven by strategic acquisitions and operational improvements, provides a counterbalance. Technical indicators suggest potential but limited immediate upward movement, while valuation metrics remain unattractive due to negative earnings.

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

More about Sonida Senior Living

Sonida Senior Living, Inc. operates in the senior living industry, providing housing and related care services for older adults. The company finances its operations and growth through secured credit facilities and term loans, and is pursuing expansion through acquisitions such as its previously announced purchase of CNL Healthcare Properties, Inc.

Average Trading Volume: 45,122

Technical Sentiment Signal: Buy

Current Market Cap: $599.3M

For detailed information about SNDA stock, go to TipRanks’ Stock Analysis page.