Sonida Senior Living · 19 hours ago
Director of Business Development and Acquisition
Dallas, Texas, United States
Full-time
Onsite
Director/Executive
7+ years expSonida Senior Living is one of the nation’s leading operators of independent living, assisted living and memory care communities for senior adults. The Director of Business Development & Acquisitions is responsible for evaluating and executing acquisition and investment opportunities, serving as a lead deal professional and collaborating with cross-functional teams to drive transactions from initial evaluation through closing.
Assisted LivingElder CareHealth CareHome Health CareLifestyle
Responsibilities
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
Qualification
Required
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 workstreams and operate effectively in a cross-functional environment
Willingness to travel as needed (up to ~50%)
Company
Sonida Senior Living
Sonida Senior Living offers senior housing and services, including independent living, assisted living, and memory care.
5001-10000 employees
Funding
Current Stage
Public CompanyTotal Funding
$1.08BKey Investors
Conversant Capital
2026-01-05Post Ipo Debt· $900M
2024-08-15Post Ipo Equity· $84.52M
2023-06-29Post Ipo Equity· $13.5M
Leadership Team
Kevin Detz
Chief Financial Officer
Recent News
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