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Sonida Senior Living Announces $47.75 Million Equity Raise to Fund Discounted Debt Purchase, Accretive Capital Investments within the Existing Portfolio and Acquisitions

Purchased $77.4 million of mortgage indebtedness across seven Sonida communities for $40.2 million, representing a 48% discount Company to invest in high-returning capital projects within the...
Brandon Ribar Michael Simanovsky Kevin Detz Company On Facebook Ally Bank Conversant Capital

Sonida Senior Living Strengthens Financial Position and Enhances Leadership Team to Position Company for Sustainable Growth

Completes initial phase of debt restructuring covering 49 assets financed by Fannie Mae and Ally Bank Fannie Mae agreement will result in approximately $40 million of additional free cash flow over the next three years Conversant Capital, Sonida’s largest shareholder, provides $13.5 million equity commitment, available to Sonida at its option over 18 months
Carole Burnell Michael Karicher Kevin Detz Donna Brown Reanae Clark Jay Reed

Crossroads Impact Corp Announces $180 Million Equity Investment from Funds Managed by P10 and Conversant Capital and Expanded Relationship with Enhanced Capital Group to Accelerate Growth - Press Release

Company also finalizing new $150 million debt facility, ensuring ample capital to deploy across existing and new verticals Enhanced Capital Group and
United States Puerto Rico Clark Webb Michael Korengold Michael Simanovsky Eric Donnelly

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