Sonida completed its previously announced merger to acquire 100% of CNL Healthcare Properties in a stock-and-cash transaction valued at about USD 1.8 billion. CHP shareholders received USD 7.22 per share, consisting of 0.1318 Sonida shares plus USD 2.32 in cash. Following the transaction, Sonida’s owned portfolio totals 153 senior living communities with about 14,700 units. Sonida also put in place USD 930 million of permanent debt financing and drew USD 270 million under a bridge facility.

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: 20260311711379) on March 11, 2026, and is solely responsible for the information contained therein.