Ensign Group acquires two facilities in California

The Ensign Group (ENSG), the parent company of the Ensign group of companies announced that it acquired the real estate and operations of Pacific Haven Subacute and Healthcare Center, a 99-bed skilled nursing facility located in Garden Grove, California. 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 is effective as of April 1. In a separate transaction on the same day, Ensign announced that it acquired the operations of Alamitos West Health and Rehabilitation, a 142-bed skilled nursing facility, and Katella Senior Living Community, a 68-unit senior living facility. Both facilities are located in Los Alamitos, California and subject to a long-term, triple-net lease with a third-party landlord. These acquisitions are effective as of April 1 and bring Ensign’s growing portfolio to 343 healthcare operations, which includes 44 senior living operations, across 17 states. Ensign subsidiaries, including Standard Bearer, own 143 real estate assets.