The Ensign Group Continues Growth in Idaho
The Ensign Group (NASDAQ: ENSG) has announced two strategic real estate acquisitions through its captive real estate company, Standard Bearer Healthcare REIT. The company acquired Timber Springs Transitional Care, a 120-bed skilled nursing facility in Boise, Idaho, which will be operated by an Ensign-affiliated tenant.
In a separate transaction, Standard Bearer acquired Duncanville Healthcare and Rehabilitation Center, a 124-bed skilled nursing facility in Duncanville, Texas, which will be operated by a third party under a triple-net lease. Both acquisitions are effective July 1, 2025.
With these additions, Ensign's portfolio now encompasses 348 healthcare operations, including 44 senior living operations across 17 states, with 146 owned real estate assets.
The Ensign Group (NASDAQ: ENSG) ha annunciato due acquisizioni strategiche nel settore immobiliare tramite la sua societ脿 immobiliare captive, Standard Bearer Healthcare REIT. La societ脿 ha acquisito Timber Springs Transitional Care, una struttura di assistenza infermieristica qualificata con 120 posti letto a Boise, Idaho, che sar脿 gestita da un inquilino affiliato a Ensign.
In un'operazione separata, Standard Bearer ha acquisito Duncanville Healthcare and Rehabilitation Center, una struttura di assistenza infermieristica qualificata con 124 posti letto a Duncanville, Texas, che sar脿 gestita da una terza parte con un contratto di locazione triple-net. Entrambe le acquisizioni avranno effetto dal 1掳 luglio 2025.
Con queste aggiunte, il portafoglio di Ensign comprende ora 348 operazioni sanitarie, tra cui 44 strutture per anziani in 17 stati, con 146 propriet脿 immobiliari di propriet脿.
The Ensign Group (NASDAQ: ENSG) ha anunciado dos adquisiciones estrat茅gicas de bienes ra铆ces a trav茅s de su compa帽铆a inmobiliaria cautiva, Standard Bearer Healthcare REIT. La empresa adquiri贸 Timber Springs Transitional Care, una instalaci贸n de cuidados especializados con 120 camas en Boise, Idaho, que ser谩 operada por un inquilino afiliado a Ensign.
En una transacci贸n separada, Standard Bearer adquiri贸 Duncanville Healthcare and Rehabilitation Center, una instalaci贸n de cuidados especializados con 124 camas en Duncanville, Texas, que ser谩 operada por un tercero bajo un contrato de arrendamiento triple neto. Ambas adquisiciones ser谩n efectivas a partir del 1 de julio de 2025.
Con estas incorporaciones, la cartera de Ensign ahora abarca 348 operaciones de atenci贸n m茅dica, incluyendo 44 centros para personas mayores en 17 estados, con 146 activos inmobiliarios propios.
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The Ensign Group (NASDAQ: ENSG) a annonc茅 deux acquisitions strat茅giques immobili猫res via sa soci茅t茅 immobili猫re captive, Standard Bearer Healthcare REIT. L'entreprise a acquis Timber Springs Transitional Care, un 茅tablissement de soins infirmiers sp茅cialis茅s de 120 lits 脿 Boise, Idaho, qui sera exploit茅 par un locataire affili茅 脿 Ensign.
Dans une transaction distincte, Standard Bearer a acquis le Duncanville Healthcare and Rehabilitation Center, un 茅tablissement de soins infirmiers sp茅cialis茅s de 124 lits 脿 Duncanville, Texas, qui sera exploit茅 par un tiers sous un bail triple net. Les deux acquisitions prendront effet le 1er juillet 2025.
Avec ces ajouts, le portefeuille d'Ensign comprend d茅sormais 348 op茅rations de sant茅, incluant 44 r茅sidences pour personnes 芒g茅es r茅parties dans 17 茅tats, avec 146 actifs immobiliers d茅tenus.
The Ensign Group (NASDAQ: ENSG) hat zwei strategische Immobilienakquisitionen 眉ber seine Tochtergesellschaft Standard Bearer Healthcare REIT bekannt gegeben. Das Unternehmen erwarb Timber Springs Transitional Care, eine Pflegeeinrichtung mit 120 Betten in Boise, Idaho, die von einem Ensign-assoziierten Mieter betrieben wird.
In einer separaten Transaktion erwarb Standard Bearer das Duncanville Healthcare and Rehabilitation Center, eine Pflegeeinrichtung mit 124 Betten in Duncanville, Texas, die von einem Dritten im Rahmen eines Triple-Net-Leasingvertrags betrieben wird. Beide 脺bernahmen treten am 1. Juli 2025 in Kraft.
Mit diesen Erg盲nzungen umfasst das Portfolio von Ensign nun 348 Gesundheitsbetriebe, darunter 44 Seniorenwohnanlagen in 17 Bundesstaaten, mit 146 eigenen Immobilienverm枚gen.
- Strategic expansion of real estate portfolio with two new skilled nursing facilities
- Growth in operational footprint to 348 healthcare facilities across 17 states
- Strengthened presence in the northwest market through the Idaho acquisition
- Diversification of revenue through mix of affiliated and third-party operations
- Increased exposure to skilled nursing sector risks
- Additional operational complexity from managing expanded portfolio
Insights
Ensign Group expands portfolio with strategic acquisitions in Idaho and Texas, growing both operations and real estate holdings.
The acquisition of Timber Springs Transitional Care in Idaho represents Ensign Group's strategic expansion in the northwest region, adding a 120-bed skilled nursing facility to their operational portfolio. Simultaneously, their real estate subsidiary, Standard Bearer Healthcare REIT, acquired the real estate for a 124-bed facility in Texas that will be operated by a third party under a triple-net lease arrangement.
These acquisitions effectively demonstrate Ensign's dual growth strategy: expanding both their healthcare operations footprint and their real estate holdings. The Idaho acquisition fits into their regional clustering approach, potentially allowing for operational synergies within their northwest operations. Meanwhile, the Texas real estate acquisition with a third-party operator showcases their focus on building passive income streams through their REIT subsidiary.
With these additions, Ensign's portfolio now encompasses 348 healthcare operations across 17 states, including 44 senior living operations, while their subsidiaries own 146 real estate assets. This represents meaningful scale in the skilled nursing and senior living sectors.
The triple-net lease structure for the Texas property is particularly notable as it places property expenses on the tenant rather than the landlord, creating a more predictable income stream for Standard Bearer. This dual approach of operational growth and real estate ownership provides two distinct yet complementary revenue channels.
The company's explicit statement about actively seeking additional acquisition opportunities in both well-performing and struggling facilities suggests this growth trajectory will continue as part of their established business strategy.
SAN JUAN CAPISTRANO, Calif., July 02, 2025 (GLOBE NEWSWIRE) -- The听Ensign Group, Inc.听(Nasdaq: ENSG), the parent company of the Ensign鈩⑻齡roup 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 real estate and operations of Timber Springs Transitional Care, a 120-bed skilled nursing facility located in Boise, Idaho. The real estate was acquired by a subsidiary of Standard Bearer Healthcare REIT, Inc., Ensign鈥檚 captive real estate company, and the facility will be operated by an Ensign-affiliated tenant.
鈥淲e are excited to add another quality operation in Idaho to our portfolio,鈥� said Barry Port, Ensign's Chief Executive Officer. 鈥淎dding this facility to Standard Bearer鈥檚 growing presence in the northwest is an exciting development for our organization and highlights the growth we are currently experiencing both operationally and with real estate,鈥� he added.
Steve Farnsworth, President of Pennant Healthcare LLC, Ensign鈥檚 northwest subsidiary, added, 鈥淭his facility is a great fit for our cluster, and we are excited to watch our local leadership work with these caregivers to provide exceptional service and care to our residents and their families.鈥�
In a separate transaction on the same day, Standard Bearer, through one of its subsidiaries, acquired the real estate to Duncanville Healthcare and Rehabilitation Center, a 124-bed skilled nursing facility located in Duncanville, Texas. The facility will be operated by a third-party operator and is subject to a long-term triple-net lease.
These acquisitions are effective as of July 1, 2025, and bring Ensign's growing portfolio to 348 healthcare operations, which includes 44 senior living operations, across 17 states.听 Ensign subsidiaries, including Standard Bearer, own 146 real estate assets.听听 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 Ensign鈩�
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 348 healthcare facilities in Alabama, Alaska, Arizona, California, Colorado, Idaho, Iowa, Kansas, Nebraska, Nevada, Oregon, South Carolina, Tennessee, Texas, Utah, Washington and Wisconsin. More information about Ensign is available at .
Contact Information
The Ensign Group, Inc., (949) 487-9500, 听
SOURCE: The Ensign Group, Inc.
