The Ensign Group, Inc. announced the acquisition of the real estate and operations of Marianwood Health and Rehabilitation, a 117-bed skilled nursing facility located in Issaquah, Washington. The acquisition was effective as of May 1, 2025.
The real estate for Marianwood Health and Rehabilitation was acquired by a subsidiary of Standard Bearer Healthcare REIT, Inc., Ensign’s captive real estate company, and will be operated by an Ensign-affiliated tenant. This acquisition was part of a larger transaction involving seven other facilities from Providence Home and Community Care, initially announced in December 2024.
This addition brings Ensign's growing portfolio to 344 healthcare operations, which includes 44 senior living operations, across 17 states. Ensign subsidiaries, including Standard Bearer, now own 144 real estate assets, further strengthening its presence in the Northwest region and demonstrating consistent execution of its strategic plan.
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