The Ensign Group Acquires Skilled Nursing Facility in Iowa
The Ensign Group (Nasdaq: ENSG) has expanded its portfolio with the acquisition of Greater Southside Health and Rehabilitation, a 76-bed skilled nursing facility in Des Moines, Iowa. This acquisition, effective August 1, 2024, was made through Standard Bearer Healthcare REIT, Ensign's captive real estate company. Barry Port, Ensign's CEO, emphasized the company's continued growth in Iowa and the strategic importance of this addition to Standard Bearer's Midwest portfolio.
Simultaneously, Ensign acquired two additional facilities in Denver, Colorado: Holly Heights Care and Rehabilitation (133 beds) and City Park Healthcare and Rehabilitation Center (125 beds). These acquisitions bring Ensign's total portfolio to 315 healthcare operations across 14 states, with 29 including senior living operations. Ensign subsidiaries now own 122 real estate assets.
Il Gruppo Ensign (Nasdaq: ENSG) ha ampliato il proprio portafoglio con l'acquisizione di Greater Southside Health and Rehabilitation, una struttura di assistenza per anziani con 76 letti a Des Moines, Iowa. Questa acquisizione, effettiva dal 1° agosto 2024, è stata effettuata attraverso Standard Bearer Healthcare REIT, la compagnia immobiliare interna di Ensign. Barry Port, CEO di Ensign, ha sottolineato la continua crescita dell'azienda in Iowa e l'importanza strategica di questa aggiunta al portafoglio Midwest di Standard Bearer.
Contemporaneamente, Ensign ha acquisito altre due strutture a Denver, Colorado: Holly Heights Care and Rehabilitation (133 letti) e City Park Healthcare and Rehabilitation Center (125 letti). Queste acquisizioni portano il portafoglio totale di Ensign a 315 operazioni sanitarie in 14 stati, di cui 29 comprendono operazioni di vita assistita. Le sussidiarie di Ensign possiedono ora 122 beni immobiliari.
El Grupo Ensign (Nasdaq: ENSG) ha ampliado su cartera con la adquisición de Greater Southside Health and Rehabilitation, un centro de enfermería especializada con 76 camas en Des Moines, Iowa. Esta adquisición, efectiva a partir del 1 de agosto de 2024, se realizó a través de Standard Bearer Healthcare REIT, la compañía inmobiliaria de Ensign. Barry Port, CEO de Ensign, enfatizó el crecimiento continuo de la empresa en Iowa y la importancia estratégica de esta adición al portafolio del Medio Oeste de Standard Bearer.
Al mismo tiempo, Ensign adquirió dos instalaciones adicionales en Denver, Colorado: Holly Heights Care and Rehabilitation (133 camas) y City Park Healthcare and Rehabilitation Center (125 camas). Estas adquisiciones llevan el portafolio total de Ensign a 315 operaciones de atención médica en 14 estados, de las cuales 29 incluyen operaciones de vida asistida. Las filiales de Ensign ahora poseen 122 activos inmobiliarios.
Ensign 그룹(Nasdaq: ENSG)은 아이오와주 데모인스에 위치한 76병상 숙련 간호 시설인 Greater Southside Health and Rehabilitation을 인수하여 포트폴리오를 확장했습니다. 이 인수는 2024년 8월 1일에 효력이 발생하며, Ensign의 자회사인 Standard Bearer Healthcare REIT를 통해 이루어졌습니다. Barry Port Ensign CEO는 아이오와에서의 지속적인 성장과 Standard Bearer의 중서부 포트폴리오에 대한 이 추가의 전략적 중요성을 강조했습니다.
동시에 Ensign은 콜로라도주 덴버에 있는 두 개의 추가 시설, Holly Heights Care and Rehabilitation (133병상)과 City Park Healthcare and Rehabilitation Center (125병상)을 인수했습니다. 이러한 인수는 Ensign의 총 포트폴리오를 14개 주에서 315개의 의료 운영으로 확장하며, 그 중 29개는 노인 생활 운영을 포함합니다. Ensign의 자회사는 이제 122개의 부동산 자산을 보유하고 있습니다.
Le Groupe Ensign (Nasdaq: ENSG) a élargi son portefeuille avec l'acquisition de Greater Southside Health and Rehabilitation, un établissement de soins infirmiers qualifié de 76 lits à Des Moines, Iowa. Cette acquisition, qui prendra effet le 1er août 2024, a été réalisée par l'intermédiaire de Standard Bearer Healthcare REIT, la société immobilière captive d'Ensign. Barry Port, PDG d'Ensign, a souligné la croissance continue de l'entreprise en Iowa et l'importance stratégique de cet ajout au portefeuille du Midwest de Standard Bearer.
Dans le même temps, Ensign a acquis deux autres établissements à Denver, Colorado : Holly Heights Care and Rehabilitation (133 lits) et City Park Healthcare and Rehabilitation Center (125 lits). Ces acquisitions portent le portefeuille total d'Ensign à 315 opérations de santé à travers 14 États, dont 29 comprennent des opérations de vie assistée. Les filiales d'Ensign possèdent désormais 122 actifs immobiliers.
Die Ensign Group (Nasdaq: ENSG) hat ihr Portfolio mit der Übernahme von Greater Southside Health and Rehabilitation, einer 76-Betten-Einrichtung für qualifizierte Altenpflege in Des Moines, Iowa, erweitert. Diese Übernahme, die am 1. August 2024 wirksam wird, wurde über Standard Bearer Healthcare REIT, das hauseigene Immobilienunternehmen von Ensign, durchgeführt. Barry Port, CEO von Ensign, betonte das fortwährende Wachstum des Unternehmens in Iowa und die strategische Bedeutung dieser Ergänzung für das Midwest-Portfolio von Standard Bearer.
Gleichzeitig übernahm Ensign zwei weitere Einrichtungen in Denver, Colorado: Holly Heights Care and Rehabilitation (133 Betten) und City Park Healthcare and Rehabilitation Center (125 Betten). Diese Übernahmen erhöhen die Gesamtzahl von Ensigns Portfolios auf 315 Gesundheitsbetriebe in 14 Staaten, wobei 29 davon Einrichtungen für betreutes Wohnen umfassen. Die Tochtergesellschaften von Ensign besitzen jetzt 122 Immobilien.
- Acquisition of three skilled nursing facilities, expanding Ensign's portfolio to 315 healthcare operations
- Strategic expansion in Iowa and Colorado markets
- Growth of Standard Bearer Healthcare REIT's portfolio in the Midwest
- Increase in real estate assets owned by Ensign subsidiaries to 122
- None.
SAN JUAN CAPISTRANO, Calif., Aug. 02, 2024 (GLOBE NEWSWIRE) -- The Ensign Group, Inc. (Nasdaq: ENSG), the parent company of the EnsignTM 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 it acquired the real estate and operations of Greater Southside Health and Rehabilitation, an 76-bed skilled nursing facility located in Des Moines, Iowa. The real estate was acquired by a subsidiary of Standard Bearer Healthcare REIT, Inc., Ensign’s captive real estate company, and the acquisition is effective as of August 1, 2024.
“We are thrilled to add this operation and excited to continue our recent growth in Iowa,” said Barry Port, Ensign's Chief Executive Officer. “This acquisition also provided another great opportunity to add to Standard Bearer’s growing portfolio in the Midwest,” he added.
Dave Jorgensen, President of Gateway Healthcare LLC, Ensign’s Iowa-based subsidiary, added, “This operation is well situated in Des Moines to become one of the leading operations in the area. We are excited to work together with our new team as we strive to provide elevated care for our patients and their families.”
In separate transactions on the same day, Ensign announced that it acquired Holly Heights Care and Rehabilitation, a 133-bed skilled nursing facility located in Denver, Colorado and City Park Healthcare and Rehabilitation Center, a 125-bed skilled nursing facility located in Denver, Colorado. One of the new facilities will be subject to a long-term, triple net lease and the other will be purchased by Standard Bearer and leased to an Ensign-affiliated operator.
All of these acquisitions are effective as of August 1, 2024 and bring Ensign's growing portfolio to 315 healthcare operations, 29 of which also include senior living operations, across fourteen states. Ensign subsidiaries, including Standard Bearer, own 122 real estate assets. Mr. Port 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 EnsignTM
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 315 healthcare facilities in 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
What skilled nursing facility did Ensign Group (ENSG) acquire in Iowa?
How many healthcare operations does Ensign Group (ENSG) now have after the recent acquisitions?
What other facilities did Ensign Group (ENSG) acquire on August 1, 2024?
How many real estate assets does Ensign Group (ENSG) now own through its subsidiaries?
