secwatch.observer — SEC 8-K summary
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Issuer:     SONIDA SENIOR LIVING, INC. (SNDA)
CIK:        0001043000
Form:       8-K
Filed at:   2024-11-13T23:59:59+00:00
Accession:  0001628280-24-047438
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sonida Q3 net loss narrows to $13.8M; Adjusted EBITDA up 9%; acquires 10 communities in Q4
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- Net loss attributable to stockholders narrowed to $13.8M from $18.4M YoY; Adjusted EBITDA rose 8.7% to $10.1M.
- Same-store occupancy up 210 bps to 87.0%; RevPAR +7.1% to $3,692; Community NOI margin 26.7%.
- Acquired 8 senior living communities for $102.9M in Oct; 2 Atlanta communities for $29M in Nov; portfolio expanded 30%.
- Raised $130.4M gross equity in Aug; closed $150M revolving credit facility with BMO/RBC.
- Fannie Mae loan extension on $220.1M to Jan 2029; $18.3M Texas DPO at 36% discount.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1043000/000162828024047438/0001628280-24-047438-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1043000/000162828024047438/snda-20241113.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-047438

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer