Ensign Deal Flurry

The temperatures have dropped, and The Ensign Group has announced a flurry of acquisitions across the country to start off November. The largest of the deals involved four senior living communities in the Dallas-Fort Worth, Texas area. Averaging 84% occupancy, the portfolio featured a majority of memory care units (150), with 53 assisted living and […]

Ensign At It Again

Amid the deal frenzy at the start of October, the ever-prolific Ensign Group (NASDAQ: ENSG) added another seniors housing community to its portfolio. Located in Las Vegas, Nevada, the community features 53 assisted living and 20 memory care units. Occupancy was just 74%, but that is typical for an Ensign acquisition. Its subsidiary, Bridgestone Living, […]

The Ensign Group Receives $112 Million In HUD Financing

Lancaster Pollard recently assisted The Ensign Group in a large $112 million portfolio financing arranged through HUD. The 30- and 35-year term loans were secured by mortgages on seventeen Ensign-owned properties and came with low, fixed interest rates. Ensign will use the loan proceeds to pay down previously drawn amounts on its revolving credit line, […]