The Ensign Group Acquires Real Estate in Texas
The Ensign Group (NASDAQ: ENSG) has announced two significant real estate acquisitions in Texas through its Standard Bearer Healthcare REIT subsidiary. The company exercised purchase options to acquire four healthcare facilities: Beacon Harbor Healthcare & Rehabilitation (190 beds), Pleasant Manor Healthcare & Rehabilitation (126 beds), Rowlett Health & Rehabilitation Center (150 beds), and Crestwood Health & Rehabilitation Center (148 combined beds) effective January 31, 2025.
Additionally, in a separate transaction effective February 1, 2025, Ensign acquired Mesquite Post Acute Care, a 120-bed facility in Lubbock, Texas. These acquisitions expand Ensign's portfolio to 334 healthcare operations across 15 states, with 134 owned real estate assets. The facilities will be operated by Ensign-affiliated companies under long-term triple net leases with Standard Bearer.
Il Gruppo Ensign (NASDAQ: ENSG) ha annunciato due importanti acquisizioni immobiliari in Texas attraverso la sua sussidiaria Standard Bearer Healthcare REIT. L'azienda ha esercitato opzioni di acquisto per acquisire quattro strutture sanitarie: Beacon Harbor Healthcare & Rehabilitation (190 letti), Pleasant Manor Healthcare & Rehabilitation (126 letti), Rowlett Health & Rehabilitation Center (150 letti) e Crestwood Health & Rehabilitation Center (148 letti combinati) con effetto dal 31 gennaio 2025.
Inoltre, in una transazione separata che avrà effetto dal 1 febbraio 2025, Ensign ha acquisito Mesquite Post Acute Care, una struttura con 120 letti a Lubbock, Texas. Queste acquisizioni ampliano il portafoglio di Ensign a 334 operazioni sanitarie in 15 stati, con 134 beni immobiliari di proprietà. Le strutture saranno gestite da aziende affiliate a Ensign sotto contratti di locazione tripla netta a lungo termine con Standard Bearer.
El Grupo Ensign (NASDAQ: ENSG) ha anunciado dos adquisiciones inmobiliarias significativas en Texas a través de su filial Standard Bearer Healthcare REIT. La compañía ejerció opciones de compra para adquirir cuatro instalaciones de salud: Beacon Harbor Healthcare & Rehabilitation (190 camas), Pleasant Manor Healthcare & Rehabilitation (126 camas), Rowlett Health & Rehabilitation Center (150 camas) y Crestwood Health & Rehabilitation Center (148 camas combinadas) efectivas a partir del 31 de enero de 2025.
Además, en una transacción separada efectiva a partir del 1 de febrero de 2025, Ensign adquirió Mesquite Post Acute Care, una instalación de 120 camas en Lubbock, Texas. Estas adquisiciones amplían el portafolio de Ensign a 334 operaciones de salud en 15 estados, con 134 activos inmobiliarios en propiedad. Las instalaciones serán operadas por empresas afiliadas a Ensign bajo arrendamientos netos triples a largo plazo con Standard Bearer.
엔사인 그룹(NASDAQ: ENSG)은 해당 그룹의 표준 기치 의료 REIT 자회사를 통해 텍사스에서 두 건의 중요한 부동산 인수를 발표했습니다. 회사는 비컨 하버 헬스케어 & 재활센터 (190병상), 플레전트 매너 헬스케어 & 재활센터 (126병상), 롤렛 건강 & 재활센터 (150병상), 그리고 크레스트우드 건강 & 재활센터 (148병상) 등 4개의 의료 시설에 대한 구매 옵션을 행사했으며, 이는 2025년 1월 31일부터 효력이 발생합니다.
또한, 2025년 2월 1일부터 효력이 발생하는 별도의 거래를 통해 엔사인은 텍사스 루벅에 위치한 120병상의 메스키트 포스트 아큐트 케어를 인수했습니다. 이번 인수는 엔사인의 포트폴리오를 15개 주에서 334개의 의료 운영으로 확대하고, 134개의 소유 부동산 자산을 포함하게 됩니다. 이 시설들은 표준 기치와의 장기 트리플 넷 임대 계약 하에 엔사인 관련 회사들에 의해 운영될 것입니다.
Le Groupe Ensign (NASDAQ: ENSG) a annoncé deux acquisitions immobilières importantes au Texas par le biais de sa filiale Standard Bearer Healthcare REIT. L'entreprise a exercé des options d'achat pour acquérir quatre établissements de santé : Beacon Harbor Healthcare & Rehabilitation (190 lits), Pleasant Manor Healthcare & Rehabilitation (126 lits), Rowlett Health & Rehabilitation Center (150 lits) et Crestwood Health & Rehabilitation Center (148 lits combinés), effectifs au 31 janvier 2025.
De plus, dans une transaction séparée qui prendra effet le 1er février 2025, Ensign a acquis le Mesquite Post Acute Care, un établissement de 120 lits à Lubbock, Texas. Ces acquisitions étendent le portefeuille d'Ensign à 334 opérations de santé dans 15 états, avec 134 actifs immobiliers. Les établissements seront gérés par des entreprises affiliées à Ensign sous des baux nets triples à long terme avec Standard Bearer.
Die Ensign Group (NASDAQ: ENSG) hat zwei bedeutende Immobilienkäufe in Texas über ihre Tochtergesellschaft Standard Bearer Healthcare REIT bekannt gegeben. Das Unternehmen hat Kaufoptionen ausgeübt, um vier Gesundheitseinrichtungen zu erwerben: Beacon Harbor Healthcare & Rehabilitation (190 Betten), Pleasant Manor Healthcare & Rehabilitation (126 Betten), Rowlett Health & Rehabilitation Center (150 Betten) und Crestwood Health & Rehabilitation Center (148 Betten insgesamt), wirksam zum 31. Januar 2025.
Darüber hinaus erwarb Ensign im Rahmen eines separaten Geschäfts, das am 1. Februar 2025 wirksam wird, Mesquite Post Acute Care, eine Einrichtung mit 120 Betten in Lubbock, Texas. Diese Akquisitionen erweitern das Portfolio von Ensign auf 334 Gesundheitseinrichtungen in 15 Bundesstaaten, mit 134 eigenen Immobilien. Die Einrichtungen werden von mit Ensign verbundenen Unternehmen unter langfristigen Triple-Net-Leasing-Verträgen mit Standard Bearer betrieben.
- Portfolio expansion to 334 healthcare operations across 15 states
- Acquisition of 5 profitable facilities with established operational track record
- Strategic conversion of leased properties to owned assets through purchase options
- Increased real estate asset ownership to 134 properties
- None.
SAN JUAN CAPISTRANO, Calif., Feb. 03, 2025 (GLOBE NEWSWIRE) -- The Ensign Group, Inc. (Nasdaq: ENSG), the parent company of the Ensign™ group of companies, which invest in and provide skilled nursing and senior living services, physical, occupational and speech therapies, other rehabilitative and healthcare services, and real estate, announced today that its captive real estate company, Standard Bearer Healthcare REIT, Inc. exercised a purchase option to acquire the real estate of the following skilled nursing facilities and healthcare campus effective as of January 31, 2025:
- Beacon Harbor Healthcare & Rehabilitation, a 190-bed skilled nursing facility located in Rockwall, Texas;
- Pleasant Manor Healthcare & Rehabilitation, a 126-bed skilled nursing facility located in Waxahachie, Texas;
- Rowlett Health & Rehabilitation Center, a 150-bed skilled nursing facility located in Rowlett, Texas; and
- Crestwood Health & Rehabilitation Center, a healthcare campus with 112 skilled nursing beds and 36 assisted living units located in Wills Point, Texas.
Each of these operations have been operated by an Ensign-affiliated company under two third-party leases with purchase options since 2019. These facilities will continue to be operated by independent operating subsidiaries of Ensign and subject to long-term triple net leases with Standard Bearer. “We have been anxiously waiting to exercise the purchase options on these leased operations,” said Chad Keetch, Ensign's Chief Investment Officer. “These operations are already strong performers both culturally and financially, and we still see tremendous upside in each of them. As these operations continue to mature, we expect to create even more value in both the operations and the real estate,” he added.
“This acquisition showcases one of the many avenues available to Standard Bearer for growth. Where possible, we will continue to use our reputation as a top-notch operator to obtain purchase options in our leases, which allows us to grow our operations while also letting us capture the upside created in the real estate,” Keetch said.
In a separate transaction effective February 1, 2025, Ensign announced that it had acquired the real estate and operations to Mesquite Post Acute Care, a 120-bed skilled nursing facility located in Lubbock, Texas. The real estate was acquired by a subsidiary of Standard Bearer and will be operated by an independent operating subsidiary of Ensign subject to a long-term triple net lease with Standard Bearer.
These acquisitions bring Ensign's growing portfolio to 334 healthcare operations, 30 of which also include senior living operations, across 15 states. Ensign subsidiaries, including Standard Bearer, own 134 real estate assets. Mr. Keetch reaffirmed that Ensign is actively seeking opportunities to acquire real estate and to lease both well-performing and struggling skilled nursing, senior living and other healthcare related businesses throughout the United States.
About Ensign™
The Ensign Group, Inc.'s independent operating subsidiaries provide a broad spectrum of skilled nursing and senior living services, physical, occupational and speech therapies and other rehabilitative and healthcare services at 334 healthcare facilities in Alabama, Arizona, California, Colorado, Idaho, Iowa, Kansas, Nebraska, Nevada, South Carolina, Tennessee, Texas, Utah, Washington and Wisconsin. More information about Ensign is available at http://www.ensigngroup.net.
Contact Information
The Ensign Group, Inc., (949) 487-9500, ir@ensignservices.net
SOURCE: The Ensign Group, Inc.
FAQ
How many facilities did ENSG acquire in Texas in January-February 2025?
What is the total bed capacity of ENSG's newly acquired Texas facilities?
How many healthcare facilities does ENSG now operate after these acquisitions?
How many real estate assets does ENSG own through Standard Bearer REIT?
What type of lease agreements will be used for the newly acquired Texas facilities?
