The Ensign Group Acquires Skilled Nursing Facility in Colorado
02 Agosto 2024 - 12:00PM
The Ensign Group, Inc. (Nasdaq: ENSG), the parent company
of the EnsignTM group of companies, which invest in and
provide skilled nursing and senior living services, physical,
occupational and speech therapies, other rehabilitative and
healthcare services, and real estate, announced today that it
acquired Holly Heights Care and Rehabilitation, a 133-bed skilled
nursing facility located in Denver, Colorado. The real estate will
be acquired by a subsidiary of Standard Bearer Healthcare REIT,
Inc., Ensign’s captive real estate company, and the facility will
be operated by an Ensign-affiliated operator effective as of August
1, 2024.
“We are thrilled to continue our recent growth
in Colorado” said Barry Port, Ensign's Chief Executive Officer.
“This acquisition also provided another great opportunity to add to
Standard Bearer’s growing portfolio,” he added.
Dave Jorgensen, President of Endura Healthcare
LLC, Ensign’s Colorado-based subsidiary, added “We are excited to
work together with our healthcare partners at this Denver operation
and look forward to building on the outstanding tradition of
quality care in this community.”
In separate transactions on the same day, Ensign
announced that it acquired Greater Southside Health and
Rehabilitation, a 76-bed skilled nursing facility located in Des
Moines, Iowa and City Park Healthcare and Rehabilitation Center, a
125-bed skilled nursing facility located in Denver, Colorado. One
of the new facilities will be subject to a long-term, triple net
lease and the other will be purchased by Standard Bearer and leased
to an Ensign-affiliated operator.
All of these acquisitions are effective as of
August 1, 2024 and bring Ensign's growing portfolio to 315
healthcare operations, 29 of which also include senior living
operations, across fourteen states. Ensign subsidiaries,
including Standard Bearer, own 122 real estate assets.
Mr. Port reaffirmed that Ensign is actively seeking opportunities
to acquire real estate and to lease both well-performing and
struggling skilled nursing, senior living and other healthcare
related businesses throughout the United States.
About
EnsignTM
The Ensign Group, Inc.'s independent operating
subsidiaries provide a broad spectrum of skilled nursing and senior
living services, physical, occupational and speech therapies and
other rehabilitative and healthcare services at 315 healthcare
facilities in Arizona, California, Colorado, Idaho, Iowa, Kansas,
Nebraska, Nevada, South Carolina, Tennessee, Texas, Utah,
Washington and Wisconsin. More information about Ensign is
available at http://www.ensigngroup.net.
Contact Information
The Ensign Group, Inc., (949) 487-9500,
ir@ensignservices.net
SOURCE: The Ensign Group, Inc.
Grafico Azioni Ensign (NASDAQ:ENSG)
Storico
Da Set 2024 a Ott 2024
Grafico Azioni Ensign (NASDAQ:ENSG)
Storico
Da Ott 2023 a Ott 2024