Ensign Group acquired the operations of The Springs at St. Andrews Village, a 58-bed skilled nursing facility located in Aurora, Colorado. This acquisition was effective as of June 1, 2024 and is subject to a long-term, triple net lease. In a separate transaction on the same day, Ensign acquired the operations and real estate at Wellsprings of Gilbert, a 32-bed skilled nursing facility located in Gilbert, Arizona. The real estate in this transaction was acquired by a subsidiary of Standard Bearer Healthcare REIT, Inc., Ensign’s captive real estate company. This new facility will be operated by an Ensign affiliated operator. These acquisitions bring Ensign’s growing portfolio to 312 healthcare operations, 29 of which also include senior living operations, across fourteen states.
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