DALLAS--(BUSINESS WIRE)--Sonida Senior Living, Inc. ("Sonida†or the "Company†) (NYSE: SNDA), a leading owner, operator and investor in senior living communities, announced today that Brandon Ribar, President & Chief Executive Officer, Kevin Detz, Chief Financial Officer and Max Levy, Chief Investment Officer, will participate in Citi's 2026 Global Property CEO Conference on Monday, March 2nd through Wednesday, March 4th at the Diplomat Resort & Spa Hollywood in Florida. Management will. ...

Core Insights - Brookdale Senior Living has shown significant occupancy improvements, with consolidated weighted average occupancy reaching 82.5% to 83.7% in the fourth quarter of 2025, marking the highest level since early 2020 [3][7] - The company reported three consecutive quarters with occupancy above 80%, indicating a positive trend in operational performance [2][7] - Financial results for 2025 included a 5.7% growth in revenue per available room (RevPAR) and an Adjusted EBITDA of $458 million, exceeding initial guidance [6][9] Occupancy and Performance - Management noted that occupancy around 80% is a critical inflection point for Brookdale's business model due to fixed-cost leverage [1] - The percentage of communities below 70% occupancy decreased from 23% in Q1 2025 to 15% in Q4 2025, while those above 90% occupancy increased from 25% to 34% [1] - In Q4 2025, consolidated occupancy improved by 310 basis points year-over-year and 70 basis points sequentially [3] Financial Highlights - For the full year 2025, consolidated weighted average occupancy was reported at 80.9%, with same-community occupancy at 82.3% [2] - Adjusted EBITDA for Q4 2025 was $106 million, a 7% increase from the prior year [10] - The company generated $23 million in adjusted free cash flow for 2025, marking its first positive cash flow year since 2020 [12] Strategic Initiatives - Brookdale plans to sell or remediate lower-performing communities, with 14 communities expected to be sold in the first half of 2026 [8][7] - The company is focusing on portfolio streamlining, having exited 58 communities through lease terminations in 2025 [16] - Capital expenditures for 2025 totaled $170.7 million, with projections for 2026 between $175 million and $195 million [18] 2026 Outlook - Brookdale anticipates 8% to 9% growth in RevPAR and Adjusted EBITDA between $502 million and $516 million for 2026, indicating mid-teen growth from a $445 million baseline [20] - The company expects demographic trends to support growth, with the first baby boomers reaching age 80 in 2026 [21][22] - Brookdale HealthPlus was expanded to 58 additional communities in 2025, enhancing resident retention and reducing hospital visits [23]

Core Viewpoint - Brookdale Senior Living Inc. has successfully completed financing transactions totaling approximately $600 million, refinancing its mortgage debt and strengthening its balance sheet while mitigating future interest rate risk [1][2]. Financing Transactions - The company refinanced approximately $350 million of its remaining 2026 mortgage debt maturities and about $200 million of its 2027 mortgage debt maturities [1]. - The refinancing resulted in a higher proportion of fixed-rate debt, with the blended interest rate of the new loans remaining comparable to the previous loans [1]. - Annual net interest expense is not expected to be significantly impacted by these refinancing transactions [1]. Specific Loan Details - In December 2025, Brookdale secured $245.8 million from Capital One in a Fannie Mae Credit Facility, with 90% of the loan at a fixed rate of 5.69% and interest-only for the first five years, maturing in January 2036 [3]. - An additional $146.1 million was obtained through Freddie Mac loans, bearing a fixed interest rate of 5.48%, interest-only for the first two years, maturing in January 2033 [4]. - Brookdale also completed a $205.0 million non-recourse financing from Capital One, with a variable interest rate and options for future loan proceeds [6]. Debt Repayment - The proceeds from the agency financing transactions were used to repay $398.9 million of existing mortgage debt scheduled to mature in 2026 and 2027 [5]. Company Overview - Brookdale Senior Living Inc. operates 584 communities across 41 states, serving approximately 51,000 residents as of December 31, 2025 [7]. - The company focuses on enriching the lives of seniors through various living solutions, including independent living, assisted living, memory care, and continuing care retirement communities [7].

Core Viewpoint - Sonida Senior Living, Inc. has secured $900 million in committed permanent debt financing in connection with its merger agreement with CNL Healthcare Properties, Inc. [1] Group 1: Financing Details - The financing includes a $350 million accordion feature, allowing Sonida to increase the financing amount if needed [1]

Core Insights - Brookdale Senior Living Inc. will release its third quarter 2025 financial results on November 6, 2025, after market close, followed by a conference call on November 7, 2025, at 8:00 a.m. Central Time [1][2]. Company Overview - Brookdale Senior Living Inc. is the leading operator of senior living communities in the United States, managing 623 communities across 41 states and serving approximately 57,000 residents as of September 30, 2025 [3]. - The company offers a range of living options including independent living, assisted living, memory care, and continuing care retirement communities, focusing on enriching the lives of seniors through compassionate care and exceptional service [3]. - Brookdale emphasizes its commitment to wellness, personal growth, and meaningful relationships, guided by its core values of passion, courage, partnership, and trust [3].

Core Insights - Brookdale Senior Living Inc. will participate in the 2025 Jefferies Healthcare Services Conference on September 30, 2025, with a fireside chat scheduled to begin at 8:00 am CST [1] - A replay of the webcast will be available on the Company's website until October 31, 2025 [2] Company Overview - Brookdale Senior Living Inc. is the leading operator of senior living communities in the United States, managing 645 communities across 41 states and serving approximately 58,000 residents as of June 30, 2025 [2] - The Company offers various living arrangements, including independent living, assisted living, memory care, and continuing care retirement communities, focusing on empowering seniors to live with dignity and purpose [2] - Brookdale emphasizes its commitment to exceptional service through its core values of passion, courage, partnership, and trust, aiming to redefine senior living for a healthier future [2]

Core Viewpoint - Sonida Senior Living, Inc. has successfully closed its latest acquisition, continuing its inorganic growth strategy aimed at expanding and upgrading its portfolio to enhance operational scale and efficiencies [1] Company Strategy - The company is focused on executing a disciplined inorganic growth strategy, which includes thoughtful investments to expand and densify its senior living communities [1]

Core Insights - Brookdale Senior Living Inc. reported improved financial results for the second quarter of 2025, with a significant increase in occupancy rates and revenue, leading to raised annual guidance for the second consecutive quarter [2][8][11] Financial Performance - Resident fees for Q2 2025 reached $775.6 million, up from $739.7 million in Q2 2024, reflecting a 4.9% increase [3] - Facility operating expenses increased to $562.3 million from $537.5 million, a rise of 4.6% [3] - General and administrative expenses rose significantly by 17.8% to $55.0 million, primarily due to restructuring costs [3][9] - Adjusted EBITDA for Q2 2025 was $117.1 million, compared to $97.8 million in Q2 2024, marking a 19.7% increase [3][30] - The company reported a net loss of $43.0 million for Q2 2025, compared to a loss of $37.7 million in Q2 2024 [3][21] Occupancy and Revenue Metrics - The weighted average occupancy rate improved to 80.1% in Q2 2025, up 200 basis points from 78.1% in Q2 2024 [3][5] - RevPAR (Revenue per Available Room) increased to $5,080 from $4,835, reflecting a significant rise [3] - RevPOR (Revenue per Occupied Room) also saw an increase to $6,343 from $6,193 [3] Cash Flow and Liquidity - Net cash provided by operating activities improved to $83.6 million in Q2 2025, up from $55.7 million in Q2 2024 [7][10] - Adjusted Free Cash Flow for Q2 2025 was $19.9 million, a substantial increase from a negative $5.5 million in Q2 2024 [7][31] - Total liquidity as of June 30, 2025, was $350.0 million, which included $251.9 million in unrestricted cash [10] Outlook - The company has revised its full-year 2025 guidance for RevPAR growth to a range of 5.25% to 6.00%, up from the previous range of 5.00% to 5.75% [8][11] - Adjusted EBITDA guidance for the full year 2025 has been raised to a range of $445 million to $455 million [8][11]

Core Insights - Maplewood Senior Living is enhancing its leadership structure to better serve the evolving needs of older adults through its two distinct brands: Maplewood and Inspīr [1][16] - The company emphasizes personalized care, hospitality-driven service, and operational excellence across its lifestyle models [2] Leadership Changes - Jenna Anderson has been promoted to Vice President of Revenue Growth and Strategy, focusing on revenue generation and market strategy [3][5] - Sheridan Daniel has been appointed Vice President of Operational Excellence and Brand Standards, with a focus on enhancing hospitality and resident engagement [6][8] - Adena McGowan has been promoted to Corporate Director of Memory Care, bringing extensive experience in dementia care [9][12] - Lauren Stowell has been elevated to Senior Executive Director, recognized for her leadership and operational excellence [13][15] Strategic Focus - The leadership updates aim to strengthen Maplewood's market position in the competitive senior living landscape by attracting and retaining exceptional talent [16] - The company is committed to innovation and delivering elevated care experiences through its leadership team [16] Company Overview - Maplewood Senior Living operates 16 senior living communities across several states, including Connecticut, Massachusetts, New Jersey, New York, and Ohio [17] - The Inspīr brand offers luxury senior living options in urban markets, focusing on high-quality accommodations and care [18]

Core Insights - Brookdale Senior Living Inc. reported solid first quarter results for 2025, indicating significant momentum in meeting the needs of the aging population and positioning for accelerated growth [3][4][6] - The company raised its annual guidance for RevPAR and Adjusted EBITDA, reflecting an improved outlook for 2025 [14][18] Financial Performance - Resident fees increased to $777.5 million in Q1 2025 from $744.2 million in Q1 2024, a rise of 4.5% [4][9] - Adjusted EBITDA rose to $124.1 million, up 27.2% from $97.6 million in the prior year [4][36] - Net loss for Q1 2025 was $65.0 million, compared to a loss of $29.6 million in Q1 2024, marking a 119.7% increase in loss [4][9] Operational Metrics - Weighted average occupancy improved to 79.3% in Q1 2025 from 77.9% in Q1 2024, an increase of 140 basis points [4][5] - RevPAR increased to $5,090, up 4.9% from $4,854 in the previous year [4][5] - Same community operating income increased by 7.6% year-over-year [6] Liquidity and Cash Flow - Total liquidity as of March 31, 2025, was $306.0 million, down $83.3 million from December 31, 2024, primarily due to cash used for acquisitions [11] - Net cash provided by operating activities improved to $23.4 million from a negative $1.1 million in the prior year [8][10] - Adjusted Free Cash Flow for Q1 2025 was $3.8 million, a significant improvement from a negative $26.3 million in Q1 2024 [8][41] Strategic Transactions - In February 2025, the company acquired 30 previously leased communities for $310.0 million, funded through mortgage debt and cash [12] - The company settled its remaining outstanding prepaid stock purchase contracts in March 2025, delivering over 29 million shares of common stock [13] 2025 Guidance - The company revised its full-year 2025 guidance for RevPAR growth to a range of 5.00% to 5.75% and Adjusted EBITDA to $440 million to $450 million [18]