{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-252216","form_type":"8-K","ticker":"SNDA","cik":"0001043000","company_name":"SONIDA SENIOR LIVING, INC.","filed_at":"2023-10-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.003421+00:00","generated_at":"2026-06-10T03:12:07.521641+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Sonida Senior Living enters loan modifications with Fannie Mae, extending maturities and reducing interest by 1.5%","bullets":["Executed Loan Modification Agreements with Fannie Mae on Oct 2, 2023 for all 37 encumbered communities.","Maturities on 18 community mortgages extended to December 2026; 19 under Master Credit Facility mature December 2028.","Monthly interest reduced by 1.5% weighted average for 12 months, projected savings of $3.6M (2023) and $2.3M (2024).","Requires $5M principal payment by June 1, 2024, with $5M corporate guaranty and $10M supplemental guaranty.","Excess cash flow escrow: 50% of net cash flow less debt service deposited into lender-controlled capital expenditure reserve."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-252216","json":"https://secwatch.observer/filing/0001193125-23-252216.json","markdown":"https://secwatch.observer/filing/0001193125-23-252216.md","text":"https://secwatch.observer/filing/0001193125-23-252216.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1043000/000119312523252216/0001193125-23-252216-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1043000/000119312523252216/d536689d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T03:12:07.521641+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"dd00a51d24235aab2290de09f81a549828e051b4","claim":"SONIDA SENIOR LIVING, INC. amended Loan Modification Agreements with Federal National Mortgage Association (Fannie Mae) (effective 2023-10-02).","evidence_excerpt":"Terms were outlined in an agreed upon term sheet accompanying the Fannie Forbearance to be included in a subsequent loan modification (“Loan Modification Agreements”) as the final step to modify the various 37 Fannie Mae community mortgages and MCF prior to the expiration of the Fannie Forbearance.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1043000/000119312523252216/0001193125-23-252216-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Federal National Mortgage Association (Fannie Mae)"},{"label":"Effective","value":"2023-10-02"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}