Sonida Senior Living, Inc.

Sonida Senior Living, Inc. is a Dallas, Texas-based owner, operator, and investor in senior living communities across the United States. The company's mission is to create a safe and caring environment where team members thrive, and residents find joy through new experiences and friendships, while providing quality senior housing and services at an affordable price point.

The company offers a comprehensive range of services, including independent living, assisted living, memory care, and respite care. These services are designed to support seniors aged 55 and older, with a focus on residents typically aged 75 and above. Sonida Senior Living also facilitates home care services through third-party providers, ensuring a continuum of care tailored to residents' evolving needs. The company primarily targets middle-market seniors in secondary and suburban markets, with a strong presence in the Sunbelt and Midwest regions.

Under the leadership of President and CEO Brandon Ribar, Sonida Senior Living completed a significant $1.8 billion merger with CNL Healthcare Properties, Inc. on March 11, 2026, which expanded its portfolio to 165 senior housing communities with over 16,400 total units across 35 states. This strategic acquisition positioned Sonida as the eighth-largest senior housing company in the U.S. by unit count. The company is capitalizing on robust market demand driven by an aging population and limited new housing supply, aiming for continued growth and enhanced operational performance.