Earnings ·
Sonida Senior Living reported a net loss attributable to common shareholders of $24.5 million, or $(0.52) per share…
SNDASonida Senior Living, Inc.
Sonida Senior Living reported a net loss attributable to common shareholders of $24.5 million, or $(0.52) per share, for the second quarter ended June 30, 2026. Normalized FFO was $0.48 per share and Adjusted EBITDA reached $50.0 million, a 30% increase year-over-year. Same-store NOI grew 16.9% to $51.5 million with occupancy rising 240 basis points to 87.8%. The company refinanced its debt by drawing $372.5 million on a new $380 million Ally Term Loan at SOFR plus 185 basis points, using proceeds to repay the $170 million bridge loan and $122 million existing term loan, while paying down $70 million of revolving credit facility debt. Sonida Senior Living operates senior housing communities in the United States.