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Sonida Senior Living, Inc. closes acquisition of two senior living communities in Atlanta, Georgia

PUBLIC · SNDANov 05, 2024

Acquiring Company

Sonida Senior Living

Dallasindividual & family services

Description

Sonida Senior Living, Inc. has closed the acquisition of two senior living communities strategically located in high-growth submarkets of Atlanta, Georgia. This acquisition is part of Sonida's continued execution of its capital allocation and inorganic, accretive growth strategy to expand and upgrade its portfolio for leveraging operating scale and efficiencies.

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Company Information

Company

Sonida Senior Living

Location

14755 Preston Rd

Dallas, Texas, United States

About

Sonida Senior Living, Inc. is a Dallas-based company founded in 1990 that specializes in owning, operating, and investing in senior housing communities across the United States. With a portfolio of 96 communities in 20 states, the company primarily serves individuals aged 75 and older, accommodating over 10,000 residents. Sonida offers a range of services tailored to the needs of seniors, including independent living, assisted living, and memory care. Independent living provides active seniors with maintenance-free residences and community amenities. Assisted living supports seniors with daily activities, while memory care focuses on those with Alzheimer’s and other dementias, offering specialized environments and trained staff. Additionally, Sonida collaborates with third-party providers to offer home care services, including medical and therapeutic support. The company is dedicated to creating safe and caring communities where residents can thrive, form connections, and receive personalized care. Sonida Senior Living emphasizes quality of life and community engagement, ensuring that each resident's preferences and needs are met.

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