Sonida Senior Living is a leading U.S. owner and operator of senior housing communities providing residential housing and comprehensive care services to affluent seniors aged 75 and older across a continuum that includes independent living, assisted living, and specialized memory care programs. The company generates revenue primarily through resident fees for accommodations and tiered service levels, with additional income from management fees on third-party operated properties, targeting mid-market and up-market communities in strategically selected geographic regions with strong demographics for the aging population. Sonida pursues growth through a combination of organic expansion via rate and margin optimization and acquisition-led expansion, supported by centralized management infrastructure and regional operational structures focused on quality care delivery and operational efficiency.