Core Insights - The Ensign Group, Inc. has acquired the real estate and operations of Pacific Haven Subacute and Healthcare Center, a 99-bed skilled nursing facility in Garden Grove, California, effective April 1, 2025 [1] - The acquisition is part of Ensign's strategy to expand its footprint in mature markets and enhance the portfolio of its subsidiary, Standard Bearer Healthcare REIT, Inc. [2] - In addition to Pacific Haven, Ensign also acquired the operations of Alamitos West Health and Rehabilitation, a 142-bed skilled nursing facility, and Katella Senior Living Community, a 68-unit senior living facility, both located in Los Alamitos, California [3] - Standard Bearer also acquired the real estate for Emilie Court Assisted Living, a 60-unit senior living facility in Spokane, Washington, and Mother Joseph Care Center, a 152-bed skilled nursing facility in Olympia, Washington, both under long-term triple-net leases [4] - These acquisitions increase Ensign's portfolio to 343 healthcare operations, including 44 senior living operations across 17 states, with 143 real estate assets owned by its subsidiaries [5] Company Strategy - Ensign is actively seeking opportunities to acquire real estate and lease both well-performing and struggling skilled nursing, senior living, and other healthcare-related businesses throughout the United States [5] - The company aims to continue the legacy of high-quality care at the newly acquired facilities, emphasizing the importance of clinical reputation and community partnerships [3]
The Ensign Group Expands in California