Sonida Senior Living (NYSE:SNDA) reported first-quarter 2026 results that management said reflected continued growth in occupancy, resident rates and margins following the company’s acquisition of CNL Healthcare Properties, Inc. in March.
On the earnings call, Vice President of Investor Relations Megan Caldwell said the company’s discussion of results was largely based on pro forma metrics that include CHP for the full quarter. She noted that Sonida’s GAAP financials reflect CHP’s results only from the March 11 closing date, while the pro forma figures are preliminary and based on the midpoint of ranges provided in the company’s earnings release.
