The Ensign Group acquired the real estate and operations of Marianwood Health and Rehabilitation, a 117-bed skilled nursing facility in Issaquah, Washington. The real estate was acquired by a subsidiary of Standard Bearer Healthcare REIT, Inc., Ensign’s captive real estate company, and will be operated by an Ensign-affiliated tenant. The acquisition was effective May 1, 2025, and was part of the larger acquisition of seven other facilities from Providence Home and Community Care, which was announced in December.
The other seven assets included in the portfolio (which have already closed) are in Alaska, Washington, Oregon and California. The Anchorage, Alaska, facilities include Providence Extended Care (96 beds), Providence Transitional Care Center (50) and Providence Horizon House (65). The California facility is St. Elizabeth Care Center (52) in North Hollywood. The Mt. Angel, Oregon facilities are Benedictine Nursing Center (98) and Benedictine Orchard House Assisted Living (54). The Washington facilities include Mother Joseph Care Center (152) in Olympia and St. Joseph Care Center (113) and Emilie Court in Spokane (60).
Ensign’s growing portfolio now comprises 344 healthcare operations, which includes 44 senior living operations, across 17 states. Ensign subsidiaries, including Standard Bearer, own 144 real estate assets. 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 U.S.
