AcquisitionNov 4, 2025Completed
🇺🇸 United States
CHCNL Healthcare Properties, Inc.SSSonida Senior Living, Inc.
Real Estate › REITs
Enterprise value$1.8BEnterprise value
AnnouncedNov 4, 2025
ConsiderationUndisclosed
StructureOne-step merger
RegionNorth America
Cross-borderNo
Contingent paymentNo
Overview
Sonida Senior Living agreed on November 4, 2025 to merge with CNL Healthcare Properties under an Agreement and Plan of Merger.
Deal rationale
The filing presents the supplemental disclosures as a way to reduce the risk of litigation delaying the merger, without changing the consideration or the timing of the CHP annual meeting.
AI-generated from the SEC filingCompletedReal Estate › REITsUnited StatesNorth America
Timeline
Valuation and terms
| Equity value | Undisclosed | |
|---|---|---|
| Enterprise value | $1.8B | Headline figure |
| Consideration | Undisclosed |
Advisors
Buy-side
BCBMO Capital MarketsRCRBC Capital Markets
Sell-side
KCKeyBanc Capital Markets
Parties
Target
CHCNL Healthcare Properties, Inc.
- Headquarters
- United States
- Ticker
- —
Acquirer
SSSonida Senior Living, Inc.
- Headquarters
- United States
- Ticker
- —