Sonida Senior Living, Inc. (NYSE:SNDA) Q4 2023 Earnings Call Transcript

Steve Monroe: Okay. And how did you get your real estate taxes, to go down by a million dollars? That doesn’t happen with me?

Kevin Detz: Yes, I think that was all part of the tactical initiatives that, we rolled out when the new management team got here. And so, that was just kind of a hard scrubbing of all the accounts. And part of what we did was consolidate our vendor relationships and look for favorable pricing that way. And so, I think it was really aggressive monitoring, and even litigation at some point that, ultimately got us all those one-time credits that, will effectively run rate in the form of lower taxes, moving forward in the out years.

Steve Monroe: All right, well, that’s good. That’s all I got. Thank you.

Brandon Ribar: Thank you, Steve.

Kevin Detz: Thanks, Steve.

Operator: There are no further questions at this time.

Brandon Ribar: This concludes today’s conference. Thank you all for participating.

Operator: This concludes today’s conference. You may disconnect your lines at this time, and we thank you for your participation.