The Ensign Group added three more skilled nursing facilities to its growing portfolio, bringing its total healthcare holdings to more than 300 operations. In one of the deals, the provider acquired both the real estate and operations of Atchison Senior Village Rehabilitation and Nursing Center, a 45-bed skilled nursing facility in Atchison, Kansas. A subsidiary of Standard Bearer Healthcare REIT, Inc., Ensign’s captive real estate company, acquired the facility’s real estate, effective March 1, 2024.
Gateway Healthcare, LLC, Ensign’s Kansas-based subsidiary, will take over its operations. Senior Living Investment Brokerage handled the sale.
In a separate transaction on the same day, Ensign announced that its affiliates acquired the operations of Park Post Acute, a 135-bed skilled nursing facility in Parker, Colorado, and Oakwood Care and Rehabilitation, a 170-bed SNF in Lakewood, Colorado. These acquisitions bring Ensign’s portfolio to 302 healthcare operations, 27 of which also include senior living operations, across fourteen states. Ensign subsidiaries, including Standard Bearer, own 114 real estate assets.
