The Ensign Group, Inc. announced a significant wave of acquisitions effective August 1, 2025, expanding its portfolio across multiple states. In Wisconsin, Ensign acquired the real estate and operations of Pine Crest Health and Memory Care, a 120-bed skilled nursing facility in Merrill, with the real estate acquired by a Standard Bearer subsidiary.
In California, Ensign acquired the operations of five skilled nursing and three assisted living facilities, subject to new triple net lease arrangements with affiliates of CareTrust REIT Inc. and International Equity Partners. This acquisition also included three additional facilities (Shoreline Care Center, Buena Vista Care Center, Huntington Park Nursing Center) under management agreements, pending state regulatory reviews.
In total, Ensign-affiliates will operate eleven new facilities in California, adding over 1,200 operational beds/units to Ensign’s portfolio. This substantial increase in capacity in a key state underscores the company's commitment to its home market and its ability to execute large-scale growth initiatives.
Additionally, Ensign acquired the real estate and operations of Crystal Heights Care Center, a 72-bed skilled nursing facility located in Oskaloosa, Iowa, with the real estate acquired by a Standard Bearer subsidiary. These acquisitions collectively bring Ensign's growing portfolio to 361 healthcare operations, including 47 senior living operations, across 17 states.
Ensign subsidiaries, including Standard Bearer, now own 148 real estate assets. This strategic expansion, encompassing both operational and real estate investments, positions Ensign for continued market leadership and enhanced service delivery in vital healthcare sectors.
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