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The Ensign Group Grows in Colorado

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The Ensign Group (Nasdaq: ENSG) has expanded its operations in Colorado with the acquisition of City Park Healthcare and Rehabilitation Center, a 125-bed skilled nursing facility in Denver. This acquisition, effective August 1, 2024, is subject to a long-term, triple net lease. Simultaneously, Ensign acquired two additional facilities: Greater Southside Health and Rehabilitation in Des Moines, Iowa (76 beds), and Holly Heights Care and Rehabilitation in Denver, Colorado (133 beds).

These acquisitions bring Ensign's portfolio to 315 healthcare operations across fourteen states, with 29 including senior living operations. Ensign subsidiaries, including Standard Bearer, now own 122 real estate assets. The company continues to seek opportunities for growth in skilled nursing, senior living, and other healthcare-related businesses throughout the United States.

Il Gruppo Ensign (Nasdaq: ENSG) ha ampliato le proprie operazioni in Colorado con l'acquisizione del City Park Healthcare and Rehabilitation Center, una struttura di assistenza infermieristica specializzata con 125 letti a Denver. Questa acquisizione, efficace dal 1° agosto 2024, è soggetta a un contratto di locazione a lungo termine, triplo netto. Contemporaneamente, Ensign ha acquisito altre due strutture: il Greater Southside Health and Rehabilitation a Des Moines, Iowa (76 letti), e il Holly Heights Care and Rehabilitation a Denver, Colorado (133 letti).

Queste acquisizioni portano il portafoglio di Ensign a 315 operazioni sanitarie in quattordici stati, di cui 29 includono operazioni di vita assistita. Le sussidiarie di Ensign, compresa Standard Bearer, possiedono ora 122 beni immobiliari. L'azienda continua a cercare opportunità di crescita nel settore dell'assistenza infermieristica, della vita assistita e in altre attività sanitarie negli Stati Uniti.

El Grupo Ensign (Nasdaq: ENSG) ha ampliado sus operaciones en Colorado con la adquisición del City Park Healthcare and Rehabilitation Center, un centro de enfermería especializado con 125 camas en Denver. Esta adquisición, que entrará en vigor el 1 de agosto de 2024, está sujeta a un contrato de arrendamiento a largo plazo, de triple neto. Al mismo tiempo, Ensign adquirió dos instalaciones adicionales: Greater Southside Health and Rehabilitation en Des Moines, Iowa (76 camas), y Holly Heights Care and Rehabilitation en Denver, Colorado (133 camas).

Estas adquisiciones llevan el portafolio de Ensign a 315 operaciones de atención médica en catorce estados, de las cuales 29 incluyen operaciones de vida asistida. Las subsidiarias de Ensign, incluyendo Standard Bearer, ahora poseen 122 activos inmobiliarios. La empresa sigue buscando oportunidades de crecimiento en enfermería especializada, vida asistida y otros negocios relacionados con la salud en los Estados Unidos.

엔사인 그룹 (Nasdaq: ENSG)이 콜로라도에서 시티 파크 헬스케어 및 재활 센터를 인수하여 운영을 확대했습니다. 이 시설은 덴버에 위치한 125병상의 전문 간호 시설입니다. 이번 인수는 2024년 8월 1일부터 유효하며 장기의, 트리플 넷 임대 계약에 따라 진행됩니다. 동시에, 엔사인은 추가로 두 개의 시설, 즉 아이오와주 데스모인즈에 위치한 그레이터 사우스사이드 건강 및 재활센터(76병상)와 콜로라도주 덴버에 있는 홀리 하이츠 케어 및 재활센터(133병상)를 인수했습니다.

이번 인수로 엔사인의 포트폴리오는 315개의 의료 운영을 포함하게 되며, 14개 주에서 운영되고 있으며, 이 중 29개는 노인 주거 운영을 포함합니다. 엔사인의 자회사인 스탠다드 베어러는 현재 122개의 부동산 자산을 보유하고 있습니다. 이 회사는 미국 전역의 전문 간호, 노인 주거 및 기타 의료 관련 비즈니스에서 성장 기회를 계속해서 찾고 있습니다.

Le Groupe Ensign (Nasdaq: ENSG) a élargi ses opérations au Colorado avec l'acquisition du City Park Healthcare and Rehabilitation Center, un établissement de soins infirmiers spécialisés de 125 lits à Denver. Cette acquisition, effective à partir du 1er août 2024, est soumise à un bail à long terme triple net. Simultanément, Ensign a acquis deux autres établissements : le Greater Southside Health and Rehabilitation à Des Moines, Iowa (76 lits) et le Holly Heights Care and Rehabilitation à Denver, Colorado (133 lits).

Ces acquisitions portent le portefeuille d'Ensign à 315 opérations de soins de santé dans quatorze États, dont 29 incluent des opérations de vie assistée. Les filiales d'Ensign, y compris Standard Bearer, possèdent désormais 122 actifs immobiliers. L'entreprise continue de rechercher des opportunités de croissance dans les soins infirmiers spécialisés, la vie assistée et d'autres entreprises liées à la santé à travers les États-Unis.

Die Ensign Group (Nasdaq: ENSG) hat ihre Aktivitäten in Colorado mit der Übernahme des City Park Healthcare and Rehabilitation Center erweitert, einer 125-Betten-Einrichtung für qualifizierte Pflege in Denver. Diese Übernahme, die am 1. August 2024 wirksam wird, unterliegt einem langfristigen, dreifach netto Mietvertrag. Gleichzeitig erwarb Ensign zwei weitere Einrichtungen: Greater Southside Health and Rehabilitation in Des Moines, Iowa (76 Betten) und Holly Heights Care and Rehabilitation in Denver, Colorado (133 Betten).

Durch diese Übernahmen wächst das Portfolio von Ensign auf 315 Gesundheitsbetriebe in vierzehn Bundesstaaten, von denen 29 Seniorenwohnungen umfassen. Die Tochtergesellschaften von Ensign, einschließlich Standard Bearer, besitzen nun 122 Immobilien. Das Unternehmen sucht weiterhin nach Wachstumschancen in der qualifizierten Pflege, im Seniorenwohnen und in anderen gesundheitsbezogenen Geschäften in den Vereinigten Staaten.

Positive
  • Expansion of operations with acquisition of three new skilled nursing facilities
  • Growth in portfolio to 315 healthcare operations across 14 states
  • Increase in real estate assets owned by Ensign subsidiaries to 122
Negative
  • 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 operations of City Park Healthcare and Rehabilitation Center, a 125-bed skilled nursing facility located in Denver, Colorado. This acquisition was effective as of August 1, 2024 and is subject to a long-term, triple net lease.

“We are very excited to add to our recent growth in Colorado, a state in which we have established an outstanding clinical reputation over the last 15 years. This new team joins a strong cluster of outstanding operations and we expect great things in the future,” said Barry Port, Ensign's Chief Executive Officer.

Dave Jorgensen, President of Endura Healthcare LLC, Ensign’s Colorado-based subsidiary, added “We are thrilled to be working with this outstanding team of caregivers and hope to add new high quality services to the healthcare community.”

In separate transactions on the same day, Ensign announced that it acquired Greater Southside Health and Rehabilitation, an 76-bed skilled nursing facility located in Des Moines, Iowa and 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. Both of the new facilities will include real estate assets that 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

How many new facilities did The Ensign Group (ENSG) acquire in August 2024?

The Ensign Group (ENSG) acquired three new facilities in August 2024: City Park Healthcare and Rehabilitation Center in Denver, Colorado; Greater Southside Health and Rehabilitation in Des Moines, Iowa; and Holly Heights Care and Rehabilitation in Denver, Colorado.

What is the total number of healthcare operations in The Ensign Group's (ENSG) portfolio after the August 2024 acquisitions?

After the August 2024 acquisitions, The Ensign Group's (ENSG) portfolio grew to 315 healthcare operations across fourteen states.

How many real estate assets does The Ensign Group (ENSG) own through its subsidiaries?

The Ensign Group (ENSG) subsidiaries, including Standard Bearer, own 122 real estate assets.

In which states did The Ensign Group (ENSG) acquire new facilities in August 2024?

The Ensign Group (ENSG) acquired new facilities in Colorado and Iowa in August 2024.

The Ensign Group, Inc.

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