The Ensign Group acquired the operations of seven skilled nursing facilities in Colorado, which are all subject to long-term, triple net leases. The facilities include Desert Will Health and Rehabilitation Center (106 beds in Pueblo), Junction Creek Health and Rehabilitation Center (133 beds in Durango) and Pelican Pointe Health and Rehabilitation Center (104 beds in Windsor). Additional facilities included in the transaction include Riverbend Health and Rehabilitation Center (100 beds, Loveland), Broadview Health and Rehabilitation Center (100 beds, Greeley), Westlake Lodge Health and Rehabilitation Center (107 beds, Greeley)and Linden Place Health and Rehabilitation Center (110 beds, Longmont).
In a separate transaction, Ensign acquired Prairie Ridge Health and Rehabilitation, a 102-bed SNF in Overland Park, Kansas. The new facility will be subject to a long-term triple net lease. These acquisitions bring Ensign’s growing portfolio to 323 healthcare operations, 29 of which also include senior living operations, across fourteen states. Ensign subsidiaries, including Standard Bearer, own 122 real estate assets.
