The Ensign Group added a couple of Colorado skilled nursing facilities to its portfolio. Both located in Commerce City (Denver area), the facilities include a 105-bed SNF (Ridgeview Post Acute) and an 83-bed SNF (Irondale Post Acute). The deal included just the operations of the facilities, bringing Ensign’s portfolio to 216 skilled nursing operations.
The company has stated it wishes to own more of the real estate in its portfolio, and currently does at 91 facilities, but if a deal makes sense, why not? Ensign’s Colorado-based subsidiary Endura Healthcare took over management subject to long-term, triple-net leases effective March 1.
