The Ensign Group Acquires Real Estate and Operations in Texas

Core Viewpoint - The Ensign Group, Inc. has expanded its portfolio by acquiring two skilled nursing facilities, enhancing its presence in Texas and Arizona, and reaffirming its strategy to seek further acquisition opportunities in the healthcare sector [1][5]. Group 1: Acquisitions - The Ensign Group acquired "The Chateau Waco," a 123-bed skilled nursing facility in Waco, Texas, effective February 1, 2026, through its subsidiary Standard Bearer Healthcare REIT, Inc. [1] - In addition, the company acquired "Agave Grove Post Acute," a 225-bed skilled nursing facility located in Glendale, Arizona, also effective February 1, 2026 [4]. - These acquisitions bring Ensign's total healthcare operations to 378 across 17 states, including 47 senior living operations [5]. Group 2: Operational Strategy - Barry Port, CEO of Ensign, expressed enthusiasm about adding the new facility to their Texas operations, highlighting Texas as a mature market for the company [2]. - Andy Ashton, President of Keystone Care LLC, emphasized the commitment to combine efforts with existing staff to provide exceptional service to patients [3]. - The company is actively seeking opportunities to acquire both well-performing and struggling skilled nursing and senior living facilities throughout the United States [5]. Group 3: Real Estate Holdings - Ensign subsidiaries, including Standard Bearer, currently own 160 real estate assets as part of their growing portfolio [5]. - The company operates a broad spectrum of healthcare services across various states, indicating a diverse operational footprint [6].