The Ensign Group Adds Real Estate and Operations in Wisconsin

Core Insights - The Ensign Group, Inc. has acquired Pine Crest Health and Memory Care, a 120-bed skilled nursing facility in Merrill, Wisconsin, effective August 1, 2025 [1] - The company also acquired operations of five skilled nursing facilities and three assisted living facilities in California, adding over 1,200 operational beds/units to its portfolio [3] - Ensign's total healthcare operations now number 361 across 17 states, with 148 real estate assets owned by its subsidiaries [5] Acquisition Details - The acquisition of Pine Crest Health and Memory Care was made through a subsidiary of Standard Bearer Healthcare REIT, Inc., and will be operated by an Ensign-affiliated tenant [1] - In California, the acquisitions are subject to new triple net lease arrangements with affiliates of CareTrust REIT Inc. and International Equity Partners [3] - Additionally, Crystal Heights Care Center, a 72-bed skilled nursing facility in Oskaloosa, Iowa, was also acquired on the same day [4] Strategic Growth - The CEO of Ensign emphasized that the new acquisitions enhance the company's portfolio in Wisconsin and allow for expanded services in the northern part of the state [2] - Ensign is actively seeking further acquisition opportunities in skilled nursing, senior living, and other healthcare-related businesses across the United States [5] - The company operates a broad spectrum of healthcare services, including skilled nursing and senior living services, across its facilities [6]