Sonida Senior Living, Inc. reporting persons filed an amendment to a Schedule 13G/A reporting beneficial ownership of 911,265 shares of Common Stock. The filing states those shares represent 4.84% of the class based on 18,823,108 shares outstanding as of August 6, 2025.
The amendment identifies Hazelview Investments Inc. and Ugo Bizzarri as joint filers, reports shared voting and dispositive power for 911,265 shares, and attaches a Joint Filing Agreement dated June 1, 2026.
Positive
None.
Negative
None.
Insights
Joint Schedule 13G/A reports a sub-5% passive stake held with shared control.
The filing lists 911,265 shares and 4.84% ownership, citing 18,823,108 shares outstanding as of August 6, 2025. The statement identifies shared voting and shared dispositive power rather than sole control.
Because the position is under 5%, it fits passive/beneficial-owner reporting patterns; subsequent filings would show any change in status or percentage.
Disclosure clarifies who holds and exercises investment discretion for the reported stake.
The filing names Hazelview Investments Inc. and Ugo Bizzarri, and explains Hazelview manages the holdings via listed adviser entities. It includes a Joint Filing Agreement dated June 1, 2026.
Cash‑flow treatment or planned transactions are not described; any material changes would be visible in future ownership amendments.
Key Figures
Shares reported:911,265 sharesPercent of class:4.84%Shares outstanding:18,823,108 shares+1 more
4 metrics
Shares reported911,265 sharesBeneficially owned by Hazelview and Ugo Bizzarri
Percent of class4.84%Based on outstanding shares as of <date>August 6, 2025</date>
Shares outstanding18,823,108 sharesOutstanding as of <date>August 6, 2025</date> (source: issuer 10-Q)
Joint Filing Agreement dateJune 1, 2026Exhibit 99.1 to the amendment
"Amendment No. 1 to a Schedule 13G/A reporting beneficial ownership"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Shared dispositive powerregulatory
"Shared Dispositive Power 911,265.00"
Joint Filing Agreementlegal
"Exhibit 99.1 Joint Filing Agreement between Hazelview Investments Inc. and Ugo Bizzarri"
What stake does Hazelview report in Sonida Senior Living (SNDA)?
Hazelview reports 911,265 shares, representing 4.84% of common stock based on 18,823,108 shares outstanding as of August 6, 2025. The filing lists shared voting and dispositive power for those shares.
Who are the joint filers on the Schedule 13G/A for SNDA?
The filing names Hazelview Investments Inc. and Ugo Bizzarri as joint reporting persons and includes a Joint Filing Agreement dated June 1, 2026. Hazelview is identified as the manager exercising investment discretion.
Does the filing show sole control over the 911,265 shares?
No. The filing reports 0 shares of sole voting or sole dispositive power and reports 911,265 shares of shared voting and shared dispositive power for the holders.
Is the reported position considered material under SEC thresholds?
The position is reported at 4.84%, which is below the 5% threshold used for certain classifications. The filing is an amendment to a Schedule 13G/A reflecting that ownership level.
What date anchors the outstanding share count used in the filing?
The percentage calculation uses 18,823,108 shares outstanding as of August 6, 2025, cited from the issuer's Form 10-Q for the quarter ended June 30, 2025.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)
Sonida Senior Living, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
140475203
(CUSIP Number)
8/6/2025
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
140475203
1
Names of Reporting Persons
Ugo Bizzarri
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
CANADA (FEDERAL LEVEL)
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
911,265.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
911,265.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
911,265.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
4.84 %
12
Type of Reporting Person (See Instructions)
IN
Comment for Type of Reporting Person: The percentage in item 11 of this page is based on 18,823,108 shares of Common Stock outstanding as of August 6, 2025 as reported on the Issuer's Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2025.
SCHEDULE 13G
CUSIP Number(s):
140475203
1
Names of Reporting Persons
Hazelview Investments Inc.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
ONTARIO, CANADA
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
911,265.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
911,265.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
911,265.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
4.84 %
12
Type of Reporting Person (See Instructions)
CO
Comment for Type of Reporting Person: The percentage in item 11 of this page is based on 18,823,108 shares of Common Stock outstanding as of August 6, 2025 as reported on the Issuer's Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2025.
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Sonida Senior Living, Inc.
(b)
Address of issuer's principal executive offices:
14755 Preston Road, Suite 810, Dallas, TX 75254
Item 2.
(a)
Name of person filing:
This Schedule 13G is being filed on behalf of Hazelview Investments Inc. ("Hazelview") and Ugo Bizzarri, together with Hazelview, the "Reporting Persons") with respect to 911,265 shares of common stock, $0.01 par value per share (the "Holdings"), of Sonida Senior Living, Inc., a Delaware corporation (the "Issuer").
Hazelview is the parent of, and is deemed to exercises investment discretion with respect to the Holdings managed by, the following registered adviser entities:
(i) Hazelview Securities Inc., an Ontario corporation, and
(ii) Hazelview Securities (US) LLC, a Delaware limited liability company
Mr. Bizzarri is the controlling shareholder of Hazelview. The filing of this statement should not be construed as an admission that either Reporting Person is, for the purpose of Section 13 of the Act, the beneficial owner of the Holdings reported herein.
(b)
Address or principal business office or, if none, residence:
c/o Hazelview Investments Inc.
1133 Yonge Street, 4th Floor
Toronto, ON
Canada
M4T 2Y7
(c)
Citizenship:
See response to Item 4 on each cover page.
(d)
Title of class of securities:
Common Stock
(e)
CUSIP No.:
140475203
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
911,265 deemed beneficially owned by Hazelview Investments Inc.
911,265 deemed beneficially owned by Ugo Bizzarri
(b)
Percent of class:
4.84% deemed beneficially owned by Hazelview Investments Inc.
4.84% deemed beneficially owned by Ugo Bizzarri.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
0
(ii) Shared power to vote or to direct the vote:
911,265
(iii) Sole power to dispose or to direct the disposition of:
0
(iv) Shared power to dispose or to direct the disposition of:
911,265
Item 5.
Ownership of 5 Percent or Less of a Class.
Ownership of 5 percent or less of a class
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Ugo Bizzarri
Signature:
Ugo Bizzarri
Name/Title:
Individual
Date:
06/01/2026
Hazelview Investments Inc.
Signature:
Ugo Bizzarri
Name/Title:
Executive Chair, Chair of the Board
Date:
06/01/2026
Exhibit Information
Exhibit 99.1 Joint Filing Agreement between Hazelview Investments Inc. and Ugo Bizzarri, dated as of June 1, 2026.
