Sonida Senior Living, Inc. reported its financial results for the first quarter of 2025, highlighting a 30.6% increase in resident revenue to $79.3 million compared to the same period in 2024. This growth was driven by higher occupancy rates of 86.8%, increased average rent, and the addition of 16 new operating communities during 2024. Despite the revenue growth, the company reported a net loss attributable to shareholders of $12.5 million for the quarter, a significant shift from the net income of $27.0 million in the first quarter of 2024, which included a $38.1 million gain from debt extinguishment. The company's same-store portfolio showed improvement with a 6.8% increase in Revenue Per Available Unit (RevPAR) and a 5.5% rise in Revenue Per Occupied Unit (RevPOR). Community Net Operating Income for the same-store portfolio increased by 19.3% to $16.1 million, with the margin expanding to 27.6% from 24.8% a year earlier. Sonida's Adjusted EBITDA for the quarter was $13.6 million, up $4.1 million or 43.2% from $9.5 million in the first quarter of 2024. In addition to its financial performance, Sonida Senior Living continues to focus on strategic growth, with active involvement in the acquisitions market to increase density in existing regions and enter new markets. The company also reported on its liquidity and capital resources, noting $14.0 million in unrestricted cash as of March 31, 2025, and $43.2 million in availability under its credit facility.