SNDA revenue +122% to $207.6M on CHP acquisition; net loss widens to -$24.7M

Filed August 10, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 11, 2025 · ~2 min read

Key Changes

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  Completed $1.8B acquisition of CNL Healthcare Properties in March 2026, adding 69 senior housing communities and expanding portfolio from 96 to 164 properties across 35 states.

  MD&A: CHP Merger verify on EDGAR →
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  Q2 2026 revenue reached $207.6M (+122% YoY) driven by 54 SHOP communities from CHP, higher rent rates, and improved occupancy. Adjusted EBITDA rose 247% to $48.8M. Same-store RevPAR increased 17.7% to $4,694 with occupancy up 240bps to 87.7%.

  MD&A: Revenue & Same-Store Performance verify on EDGAR →
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  Net loss widened to -$24.7M (-1153% YoY) despite revenue growth. Diluted EPS was -$0.52 (-225%).

  MD&A: Transaction Costs & Net Loss verify on EDGAR →