AcquisitionsJun 2, 2026, 06:02 AM
Ensign Group Acquires 2 Facilities, Expands Portfolio to 396
AI Summary
The Ensign Group, Inc. announced the acquisition of two healthcare facilities, effective June 1, 2026. This includes the real estate and operations of "Woodland Health and Rehabilitation," a 62-bed skilled nursing facility in Mount Pleasant, Iowa, and the real estate for "Memory Care of Contra Costa," a 46-unit memory care facility in Pleasant Hill, California. These additions bring Ensign's total portfolio to 396 healthcare operations across 17 states, with 181 real estate assets owned by its subsidiaries.
Key Highlights
- Ensign Group acquired the real estate and operations of Woodland Health and Rehabilitation, a 62-bed skilled nursing facility in Mount Pleasant, Iowa.
- The real estate for Woodland Health was acquired by Standard Bearer Healthcare REIT, Ensign's captive real estate company.
- Ensign also acquired the real estate for Memory Care of Contra Costa, a 46-unit memory care facility in Pleasant Hill, California.
- Memory Care of Contra Costa will be operated by a third-party under a long-term triple net lease.
- These acquisitions, effective June 1, 2026, expand Ensign's portfolio to 396 healthcare operations across 17 states.
- Ensign subsidiaries, including Standard Bearer, now own 181 real estate assets.
- Ensign is actively seeking opportunities to acquire real estate and lease skilled nursing, senior living, and other healthcare businesses.
Price Impact
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