Director of Business Development and Acquisition

About Sonida Senior Living

Sonida Senior Living is one of the nation’s leading operators of independent living, assisted living and memory care communities for senior adults. The Company operates 96 communities that are home to nearly 12,000 residents across 20 states providing comfortable, safe, affordable communities where residents can form friendships, enjoy new experiences and receive personalized care from dedicated team members who treat them family.

The Director of Business Development & Acquisitions is a senior member of the investment team responsible for evaluating and executing acquisition and investment opportunities. This role serves as a lead deal professional, partnering closely with the CIO and VP of Acquisitions, as well as cross-functional teams, to develop investment theses, underwrite opportunities, lead diligence, and drive transactions from initial evaluation through closing.

The ideal candidate is curious, intellectually rigorous, and operator-minded—a deal leader capable of independent judgment, deep financial analysis, and hands-on transaction execution, with the ability to clearly articulate risk, return, and downside protection.

• Partner with senior leadership to identify, prioritize, and evaluate investment opportunities consistent with portfolio strategy and return objectives.
• Serve as deal captain on assigned transactions, owning the investment thesis, underwriting framework, diligence strategy, and execution plan.
• Develop and defend a clear point of view on value creation, risk, and downside scenarios for each opportunity.
• Assess market dynamics, asset quality, operating performance, regulatory considerations, and competitive positioning to inform investment decisions.
• Collaborate with leadership on pipeline management, pacing, and capital deployment priorities.

• Build and oversee institutional-quality financial models, including scenario modeling and sensitivity analysis.
• Evaluate historical and projected operating performance, occupancy trends, rate structures, expense profiles, capital requirements, and integration considerations.
• Prepare investment-committee-grade memoranda and presentations that clearly articulate thesis, assumptions, risks, mitigants, and expected returns.
• Continuously refine underwriting assumptions in close partnership with Operations to ensure strategic alignment.

• Lead and synthesize cross-functional due diligence, translating findings into actionable investment conclusions and risk mitigation strategies.
• Partner with internal and external Legal to lead transaction documentation, including LOIs, purchase agreements, and ancillary documents.
• Manage transaction timelines, key decision points, and stakeholder communication through closing.
• Support financing coordination and lender engagement as appropriate.

• Work closely with Operations and Integration teams to ensure acquisition assumptions are executable and integration plans are realistic.
• Support transition planning and early post-close execution to protect value and ensure continuity of operations.
• Act as a connective tissue between investment and operating teams during stabilization periods.

• Serve as a trusted thought partner to senior leadership on portfolio construction, asset-level performance, and capital allocation decisions.
• Contribute to the evolution of acquisition and disposition frameworks, underwriting standards, and deal execution playbooks.
• Uphold disciplined investment processes consistent with the company’s risk tolerance, values, and long-term objectives.

• Bachelor’s degree in Finance, Real Estate, Business, or a related field.
• 7+ years of experience in acquisitions, investments, or principal investing within senior housing, healthcare real estate, or related sectors.
• Demonstrated experience leading transactions from initial evaluation through closing.
• Advanced financial modeling, valuation, and investment analysis skills.
• Ability to manage multiple complex work streams and operate effectively in a cross-functional environment.
• Willingness to travel as needed (up to ~50%).

• Investment judgment, analytical rigor, and attention to detail
• Clear articulation of risk, return, and downside protection
• Deal leadership and execution discipline
• Cross-functional leadership and collaboration
• Executive-level communication and presence