Pennant Group acquires senior living communities in Idaho, Texas

Pennant Group (PNTG) announced that effective February 1, it has acquired three premier senior living facilities in Idaho and Texas. The acquisition in Idaho is subject to a triple net lease with the option to purchase, and the two Texas facilities are subject to a long-term, triple net lease. These transactions expand Pennant’s operations by 188 units, comprised of both assisted living and memory care services.