Sonida Senior Living, Inc. SNDA

What this company does

Sonida Senior Living primarily provides residential housing and services to people aged 75 years and older, including independent living, assisted living, and memory care services. As of December 31, 2025, it owned, managed, or invested in 96 senior housing communities in 20 states with an aggregate capacity of approximately 10,150 residents, including 84 owned communities and 12 communities managed on behalf of a third party. On that same date it employed 5,140 persons, of which 3,423 were full-time employees and 1,717 were part-time employees. Home care services are available through third-party providers to residents living at the majority of its senior housing communities. For the communities it manages for a third party and for joint ventures, it receives management fees determined by an agreed-upon percentage of gross revenues, incentive management fees, and reimbursement of certain expenses it incurs on their behalf. Accounting, finance, legal, human resources, information technology, procurement and training functions are maintained at a support center located in Dallas, Texas. Sonida and its predecessors have provided senior housing since 1990.

Written from the business description in Sonida Senior Living, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 12 March 2026. Every sentence was checked against that document before publication.