Conversant Capital significantly increased its stake in Sonida Senior Living by 5.3 million shares worth $178.71 million, now representing 63.3% of the fund's portfolio. The investment comes after Sonida's stock surged 45% over the past year, driven by strong Q1 results following its $1.8 billion CNL Healthcare Properties acquisition, which boosted revenue 30% year-over-year and occupancy rates. However, the company faces challenges including widened net losses from merger costs and a bridge facility refinancing due in 2027.

MacKenzie Realty Capital reported Q3 2026 results showing significant improvement with net revenues up 27% to $5.4 million and a return to profitability with positive FFO of $308,040 compared to negative $3.2 million in the prior year. The company's Aurora at Green Valley property is now stabilized and over 90% leased. Additionally, MacKenzie secured a $1 million loan to invest in CNL Healthcare Properties shares ahead of a merger, resulting in a $523,458 profit.

Monteverde & Associates PC, a class action law firm, is investigating four merger and acquisition transactions: Crane Harbor Acquisition Corp.'s merger with Xanadu Quantum Technologies, Two Rivers Financial Group's sale to First Mid Bankshares, Sonida Senior Living's merger with CNL Healthcare Properties, and First Foundation Inc.'s sale to FirstSun Capital Bancorp. The firm is seeking shareholders who have concerns about these proposed transactions, with shareholder votes scheduled for late February 2026.

Investor rights law firm Halper Sadeh LLC is investigating three major transactions for potential securities law violations and breaches of fiduciary duties: Ryerson Holding Corporation's merger with Olympic Steel, Sonida Senior Living's merger with CNL Healthcare Properties, and Brighthouse Financial's sale to Aquarian Capital LLC for $70 per share. The firm is seeking increased consideration for shareholders and additional disclosures.

Halper Sadeh LLC, an investor rights law firm, is investigating four companies for potential securities law violations and breaches of fiduciary duties related to their proposed mergers and acquisitions. The firm is seeking increased consideration for shareholders and additional disclosures regarding the transactions.

Monteverde & Associates PC, a class action law firm, is investigating four merger transactions. Crawford United shareholders are expected to receive $83.24 per share from SPX Enterprises (vote Feb 3), Synchronoss Technologies shareholders $9.00 per share from Lumine Group (vote Feb 3), Sonida Senior Living shareholders will own 39.5-50% of combined entity with CNL Healthcare (vote Feb 26), and Forge Global shareholders will receive $45.00 per share from Charles Schwab (vote Jan 22). The firm is seeking shareholders with concerns about these proposed deals.

Law firm Halper Sadeh LLC is investigating potential securities law violations and breaches of fiduciary duties for three companies involved in merger and acquisition transactions.

Law firm Brodsky & Smith is investigating potential breaches of fiduciary duties by boards of several companies during merger and acquisition processes, focusing on whether shareholders are receiving fair value.

Impact Senior Living, an affiliate of SRI Management, has announced the management of Carriage Hill Retirement, a senior living community in Bedford, Virginia. The community offers assisted living and memory care services, with a focus on providing high-quality care and a vibrant community for residents.

Wall Street witnessed a mixed session on Wednesday morning trading, with tech giants seeing slight declines while blue chips and small caps recording gains. The S&P 500 index climbed back above the 5,200-point mark, up by 0.2%, while the Dow Jones saw a 0.5% increase, and the Nasdaq experienced a marginal 0.1% dip. A basket of the Magnificent Seven, as tracked by the Roundhill Magnificent Seven ETF (NYSE:MAGS), dropped by 0.8%. Small caps rallied, with the iShares Russell 2000 ETF (NYSE:IWM) rising by 1.2%, marking the strongest performance of the past week. On the macro front, there was a slight decrease in 30-year mortgage rates from 6.98% to 6.93%, as reported by the Mortgage Bankers Association of America. However, new mortgage applications experienced a weekly decline of 0.7%. Treasury yields across the curve dropped by 3 basis points, providing support for gold, which rose by 0.5% ...Full story available on Benzinga.com

Shares of LuxUrban Hotels Inc. (NASDAQ: LUXH) fell sharply during Wednesday’s session after the company issued preliminary fourth-quarter revenue outlook below estimates. LuxUrban said it expects preliminary revenue of $28.2 million for the fourth quarter, versus market estimates of $34.199 million, according to data from Benzinga Pro. LuxUrban Hotels shares dipped 27.4% to $1.5523 on Wednesday. Here are some other stocks moving in today's mid-day session. Gainers MariaDB plc (NYSE: MRDB) climbed 70.4% to $0.3850 after Progress Software announced that it is possibly considering an offer for the company. Lixte Biotechnology Holdings, Inc. (NASDAQ: LIXT) shares jumped 68.6% to $3.8099 after the company announced the publication of pre-clinical data on its lead clinical compound, LB-100. Nutriband Inc. (NASDAQ: NTRB) gained 33.2% to $3.9950 after the company provided a clinical and regulatory path overview for its AVERSA Fentanyl patch. Verb Technology Company, Inc. (NASDAQ: VERB) surged 30.5% to $0.3656 after the company announced that its MARKET.live entered into a formal partnership with TikTok to become a service provider for TikTok Shop and will receive a TikTok Shop Partner designation. PaySign, Inc. (NASDAQ: PAYS) gained 28.2% to $4.3299 after the company announced better-than-expected fourth-quarter results. Destiny Tech100 Inc (NASDAQ: DXYZ) rose 26.6% to $11.39 after gaining 9% on Tuesday. PAVmed Inc. (NASDAQ: PAVM) gained 19.7% to $2.4798 after the company issued business update and fourth quarter financial results. Noah Holdings Limited (NYSE: NOAH) rose 17.5% to $11.89 after the company reported fourth quarter financial results. NuScale Power Corporation (NYSE: SMR) rose 17.5% to $4.89. The ONE Group Hospitality, Inc. (NASDAQ: STKS) shares rose 17.2% to $4.70 after the company announced that it will ...

Although US stocks closed mixed on Wednesday, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company's prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision. Below is a look at a few recent notable insider purchases. For more, check out Benzinga's insider transactions platform. Appian The Trade: Appian Corporation (NASDAQ: APPN) 10% owner Colin Moran ...