Sonida Senior Living reports Q3 revenue of $84.6 million, up 26% year over year

Reuters
2025.11.10 13:15
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Sonida Senior Living Inc. reported Q3 revenue of $84.6 million, a 26.3% increase from $67.0 million year-over-year. The growth was attributed to higher rent rates, increased occupancy, and the addition of 19 new communities. However, the company faced a net loss of $26.9 million, up from $13.8 million the previous year. As of September 30, 2025, Sonida had $86.1 million outstanding on its credit facility, with a same-store occupancy rate of 87.7%. The company expanded its portfolio to 21 assets in Texas with a new acquisition in Dallas-Fort Worth.

Sonida Senior Living Inc. reported resident revenue of $84.6 million for the three months ended September 30, 2025, a 26.3% increase from $67.0 million in the same period in 2024. The rise was primarily driven by higher average rent rates, increased occupancy, and the addition of 19 operating communities acquired in 2024 and 2025. Net loss attributable to Sonida shareholders was $26.9 million for the quarter, compared to $13.8 million in the prior year period. As of September 30, 2025, the company had $86.1 million outstanding under its $150.0 million credit facility with $40.9 million in remaining availability, secured by 14 senior living communities. Portfolio community NOI grew by approximately 21%, and same-store portfolio occupancy reached 87.7%, with end of October spot occupancy at 89.0%. Sonida expanded its portfolio to 21 assets in Texas with the acquisition of a senior housing community in the Dallas-Fort Worth market. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sonida Senior Living Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251110605693) on November 10, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)