---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-233740"
form_type: "8-K"
ticker: "SNDA"
cik: "0001043000"
company_name: "SONIDA SENIOR LIVING, INC."
filed_at: "2024-10-07T23:59:59+00:00"
generated_at: "2026-05-30T18:57:10.844586+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Sonida closes $103M acquisition of eight senior living communities; upsizes revolver to $150M; signs $29M Atlanta deal

## Summary
- Completed acquisition of eight Southeast senior living communities for $102.9M (555 units, ~$185K/unit, 85% occupancy, RevPOR >$6K).
- Signed agreement to acquire two Atlanta communities for $29.0M (178 units, 86% occupancy, RevPOR ~$5.7K).
- Closed additional $75M commitment under credit facility from RBC, expanding total capacity to $150M with three-year term.
- Year-to-date acquired 17 communities; total operating portfolio now 91 communities (including eight in JVs).
- Portfolio has average asset age of five years; acquisitions at meaningful discount to replacement cost, expected to be accretive.

## SEC filing metadata
- accession: 0001193125-24-233740
- form_type: 8-K
- ticker: SNDA
- cik: 0001043000
- company_name: SONIDA SENIOR LIVING, INC.
- filed_at: 2024-10-07T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 2.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1043000/000119312524233740/0001193125-24-233740-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1043000/000119312524233740/d893112d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-233740
- JSON: https://secwatch.observer/filing/0001193125-24-233740.json
- Plain text: https://secwatch.observer/filing/0001193125-24-233740.txt

## Key facts
- M&A Transactions
  SONIDA SENIOR LIVING, INC. completed an acquisition involving various affiliates of Principal Senior Living Group for approximately $102.9 million (closed 2024-10-01).
  - Action: acquisition
  - Counterparty: various affiliates of Principal Senior Living Group
  - Consideration: approximately $102.9 million
  - Closing: 2024-10-01
  source text: of the Palm Communities (the “Palm Acquisition”). Upon the completion of the Palm Acquisition, the Company paid the as-adjusted closing purchase price of approximately $102.9 million, which amount is subject to customary post-closing adjustments. The foregoing description of the Palm PSAs and the transactions contemplated thereby is not complete and is
  evidence_url: https://www.sec.gov/Archives/edgar/data/1043000/000119312524233740/0001193125-24-233740-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.