Ensign Group acquires real state and operation of Marianwood nursing facility

The Ensign Group (ENSG) announced that it acquired the real estate and operations of Marianwood Health and Rehabilitation, a 117-bed skilled nursing facility located in Issaquah, Washington. The real estate was acquired by a subsidiary of Standard Bearer Healthcare REIT, Ensign’s captive real estate company, and will be operated by an Ensign-affiliated tenant. The acquisition was effective as of May 1 and was part of the larger acquisition of seven other facilities from Providence Home and Community Care, which was announced in December 2024. This acquisition was effective as of May 1, 2025, and brings Ensign’s growing portfolio to 344 healthcare operations, which includes 44 senior living operations, across 17 states. Ensign subsidiaries, including Standard Bearer, own 144 real estate assets.