The Ensign Group made its second acquisition of the year, adding the operations of three skilled nursing facilities in Colorado to its growing portfolio. The deal included a 140-bed facility in Boulder, a 76-bed in Berthoud and a 106-bed facility in Denver. Ensign entered into a long-term, triple net lease through its Colorado-based subsidiary, Endura Healthcare, effective April 1. That brings Ensign’s portfolio to 235 healthcare operations, 22 of which also include assisted living operations, across 13 states. Ensign also owns the real estate at 94 locations.
Earlier this year, the provider acquired the operations of a skilled nursing facility in San Antonio, Texas. Built in 1985, the 150-bed facility was formerly owned by Sabra Health Care REIT and was previously leased and operated by Southwest LTC. Ensign’s Texas-based subsidiary Keystone Care LLC took over the operations at the location under a long-term, triple-net lease.
