Ensign Group announces acquistion of several nursing facilities

The Ensign Group (ENSG), the parent company of the Ensign group of companies, announced that it acquired the real estate and operations of the following skilled nursing facilities: Stonehenge of American Fork, a 90-bed skilled nursing facility located in American Fork, Utah; Stonehenge of Cedar City, a 50-bed skilled nursing facility located in Cedar City, Utah; Stonehenge of Ogden, a 52-bed skilled nursing facility located in Washington Terrace, Utah; Stonehenge of Orem, a 34-bed skilled nursing facility located in Orem, Utah; Stonehenge of Richfield, a 30-bed skilled nursing facility located in Richfield, Utah; Stonehenge of South Jordan, a 32-bed skilled nursing facility located in South Jordan, Utah; and Stonehenge of Springville, a 50-bed skilled nursing facility located in Springville, Utah. The real estate was acquired by subsidiaries of Standard Bearer Healthcare REIT, Inc., Ensign’s captive real estate company, and all seven facilities will be operated by Ensign affiliated operators. In a separate transaction on the same day, Ensign announced it acquired the operations of “The Health Center of Eastview” a 90-bed skilled nursing facility located in Birmingham, Alabama. The facility will be operated by an Ensign affiliated operator and is subject to a long-term triple net lease. These acquisitions bring Ensign’s growing portfolio to 369 healthcare operations, which includes 47 senior living operations, across 17 states. Ensign subsidiaries, including Standard Bearer, own 155 real estate assets.