Sonida Senior Living, Inc. SNDA

Company Overview

Sonida Senior Living, Inc. (NYSE: SNDA), formerly known as Capital Senior Living Corporation, is a U.S.-based senior housing company focused on the ownership, management, and operation of senior living communities. The company operates in the senior care and residential healthcare industries, primarily serving older adults through independent living, assisted living, and memory care services. Revenue is generated primarily through resident fees associated with housing, healthcare support, dining, and lifestyle services provided across its communities.

The company’s operating model centers on middle-market and private-pay senior housing, with communities designed to provide varying levels of care as residents age. Sonida has evolved from a broadly diversified senior housing operator into a more streamlined platform emphasizing operational efficiency, occupancy growth, and portfolio optimization. The company rebranded to Sonida Senior Living in 2022 as part of a broader strategic repositioning intended to modernize its identity and align with long-term demographic demand trends tied to the aging U.S. population.