# SONIDA SENIOR LIVING, INC. (SNDA) — capital_raise/atm_program [completed]
Source: SEC API (secapi.ai) · situation sit_74dcb633de8203407492 · retrieved 2026-08-12T07:19:59.215Z

## Overview
Sonida Senior Living is a leading owner-operator and investor of senior housing communities, including independent living, assisted living, and memory care facilities, with a focus on operational excellence and data-driven decision-making through its proprietary SPIN platform.

On March 11, 2026, Sonida Senior Living completed its acquisition of CNL Healthcare Properties, Inc. (CHP) through a forward merger, with Sonida indirectly acquiring all of CHP's assets. The transaction created a $3.5 billion enterprise value pure-play senior housing owner-operator with approximately 14,800 owned units across 152 senior housing communities in 35 states. The combined company targets mid-6x leverage, with synergies including $16–$20 million in annual run-rate G&A savings and elimination of $13 million in external advisor fees.

## Terms
- Counterparty: CNL Healthcare Properties, Inc. · Consideration: mixed · Stake: 100%

## Key dates
- Completed 2026-03-11

## Timeline
- 2026-08-10 · 8-K (0001043000-26-000030): 8-K - SONIDA SENIOR LIVING, INC. — *Sonida Senior Living is a leading owner-operator and investor of senior housing communities, including independent living, assisted living, and memory care facilities, with a focus on operational excellence and data-driven decision-making through its proprietary SPIN platform.* On March 11, 2026, Sonida Senior Living completed its acquisition of CNL Healthcare Properties, Inc. (CHP) through a forward merger, with Sonida indirectly acquiring all of CHP's assets. The transaction created a $3.5 billion enterprise value pure-play senior housing owner-operator with approximately 14,800 owned units across 152 senior housing communities in 35 states. The combined company targets mid-6x leverage, with synergies including $16–$20 million in annual run-rate G&A savings and elimination of $13 million in external advisor fees.
  https://www.sec.gov/Archives/edgar/data/1043000/0001043000-26-000030.txt

## Citations
- 0001043000-26-000030 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000104300026000030