Core Insights - The Ensign Group, Inc. has acquired two skilled nursing facilities, expanding its portfolio in the healthcare sector [1][3] - The acquisitions include Duncanville Healthcare and Rehabilitation Center in Texas and Timber Springs Transitional Care in Idaho, increasing the total number of healthcare operations to 348 across 17 states [4] Group 1: Acquisitions - Ensign acquired the real estate of Duncanville Healthcare and Rehabilitation Center, a 124-bed facility, which will be operated by a third-party under a long-term triple net lease [1] - The company also acquired Timber Springs Transitional Care, a 120-bed facility in Boise, Idaho, which will be operated by an Ensign-affiliated tenant [3] Group 2: Portfolio Expansion - Following these acquisitions, Ensign's portfolio now includes 348 healthcare operations, comprising 44 senior living operations [4] - Ensign subsidiaries, including Standard Bearer, own a total of 146 real estate assets [4] Group 3: Strategic Focus - The company is actively seeking further opportunities to acquire real estate and lease both well-performing and struggling skilled nursing and senior living facilities across the United States [4]
The Ensign Group Purchases Skilled Nursing Facility in Texas