HIGHOutside partyTenant
one tenant (CHP triple-net leases)
“10-K Item 1: 'Of the 15 leased communities, 13 are leased to one tenant, under leases scheduled to expire in May 2030, subject to renewal options.'”
SNDA · Concentration risk · 10-K extracted
Sonida Senior Living (SNDA) concentration risks
Updated
The most significant concentration Sonida Senior Living discloses is one tenant (CHP triple-net leases), classified HIGH by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Source: Sonida Senior Living’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 1 disclosed concentration
HIGH1
MEDIUM0
LOW0
Disclosed concentrations
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-07-06Sonida Senior Living's disclosed concentration risk is narrow but pronounced: of the 15 leased communities, 13 are leased to one tenant, under leases scheduled to expire in May 2030, subject to renewal options. This is a dependency-type exposure rather than a structural, industry-wide characteristic — it reflects a specific counterparty relationship rather than a diversified base of tenants or operators. Because the vast majority of the leased-community portfolio sits with a single tenant, that relationship's renewal decision, financial health, and lease compliance become a disproportionately important variable for this segment of the business heading toward the 2030 lease expiration. The presence of renewal options provides some structural mitigant, but the underlying fact remains that leased-community cash flows are concentrated with one counterparty rather than spread across multiple operators, so any deterioration in that tenant's ability or willingness to perform — well before the 2030 date — would have an outsized effect on this part of the portfolio relative to a more diversified leasing structure.
For the engine’s reasoning on SNDA’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Medical Care Facilities
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| ACHC | Acadia Healthcare Company, Inc. | 1 | 1 | 0 | 2 |
| SNDA● | Sonida Senior Living, Inc. | 1 | 0 | 0 | 1 |
| ADUS | Addus HomeCare Corporation | 0 | 2 | 4 | 6 |
| ARDT | Ardent Health, Inc. | 0 | 2 | 0 | 2 |
| AMN | AMN Healthcare Services Inc | 0 | 0 | 1 | 1 |
| AGL | agilon health, inc. | 0 | 0 | 0 | 0 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.