The Ensign Group Grows in Colorado
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掳 agosto 2024, 猫 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 opportunit脿 di crescita nel settore dell'assistenza infermieristica, della vita assistita e in altre attivit脿 sanitarie negli Stati Uniti.
El Grupo Ensign (Nasdaq: ENSG) ha ampliado sus operaciones en Colorado con la adquisici贸n del City Park Healthcare and Rehabilitation Center, un centro de enfermer铆a especializado con 125 camas en Denver. Esta adquisici贸n, que entrar谩 en vigor el 1 de agosto de 2024, est谩 sujeta a un contrato de arrendamiento a largo plazo, de triple neto. Al mismo tiempo, Ensign adquiri贸 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 atenci贸n m茅dica 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 enfermer铆a especializada, vida asistida y otros negocios relacionados con la salud en los Estados Unidos.
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Le Groupe Ensign (Nasdaq: ENSG) a 茅largi ses op茅rations au Colorado avec l'acquisition du City Park Healthcare and Rehabilitation Center, un 茅tablissement de soins infirmiers sp茅cialis茅s de 125 lits 脿 Denver. Cette acquisition, effective 脿 partir du 1er ao没t 2024, est soumise 脿 un bail 脿 long terme triple net. Simultan茅ment, Ensign a acquis deux autres 茅tablissements : le Greater Southside Health and Rehabilitation 脿 Des Moines, Iowa (76 lits) et le Holly Heights Care and Rehabilitation 脿 Denver, Colorado (133 lits).
Ces acquisitions portent le portefeuille d'Ensign 脿 315 op茅rations de soins de sant茅 dans quatorze 脡tats, dont 29 incluent des op茅rations de vie assist茅e. Les filiales d'Ensign, y compris Standard Bearer, poss猫dent d茅sormais 122 actifs immobiliers. L'entreprise continue de rechercher des opportunit茅s de croissance dans les soins infirmiers sp茅cialis茅s, la vie assist茅e et d'autres entreprises li茅es 脿 la sant茅 脿 travers les 脡tats-Unis.
Die Ensign Group (Nasdaq: ENSG) hat ihre Aktivit盲ten in Colorado mit der 脺bernahme des City Park Healthcare and Rehabilitation Center erweitert, einer 125-Betten-Einrichtung f眉r qualifizierte Pflege in Denver. Diese 脺bernahme, 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 脺bernahmen w盲chst das Portfolio von Ensign auf 315 Gesundheitsbetriebe in vierzehn Bundesstaaten, von denen 29 Seniorenwohnungen umfassen. Die Tochtergesellschaften von Ensign, einschlie脽lich Standard Bearer, besitzen nun 122 Immobilien. Das Unternehmen sucht weiterhin nach Wachstumschancen in der qualifizierten Pflege, im Seniorenwohnen und in anderen gesundheitsbezogenen Gesch盲ften in den Vereinigten Staaten.
- 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
- None.
SAN JUAN CAPISTRANO, Calif., Aug. 02, 2024 (GLOBE NEWSWIRE) -- The聽Ensign Group, Inc.聽(Nasdaq: ENSG), the parent company of the EnsignTM聽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.
鈥淲e 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,鈥� said Barry Port, Ensign's Chief Executive Officer.
Dave Jorgensen, President of Endura Healthcare LLC, Ensign鈥檚 Colorado-based subsidiary, added 鈥淲e are thrilled to be working with this outstanding team of caregivers and hope to add new high quality services to the healthcare community.鈥�
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.聽 Ensign subsidiaries, including Standard Bearer, own 122 real estate assets.聽聽 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 .
Contact Information
The Ensign Group, Inc., (949) 487-9500, ir@ensignservices.net
SOURCE: The Ensign Group, Inc.
FAQ
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