The Ensign Group Adds New Operations in Colorado
The transactions add leased healthcare operations and owned real estate in separate acquisitions.
Sentiment and the balance of points
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Rhea-AI Summary
The Ensign Group (ENSG) acquired operations at seven Colorado healthcare facilities, expanding its footprint effective October 1, 2026.
The Colorado facilities are operated by Ensign affiliates under long-term leases. Separate transactions added operations at eight Florida facilities with 713 skilled nursing beds and 66 independent living units, and four Washington facilities with 532 skilled nursing beds, also under long-term leases. Ensign also acquired the real estate and operations of the 118-bed Englewood Heights Nursing and Rehabilitation in Pensacola, Florida. Standard Bearer subsidiaries acquired real estate assets at five previously leased facilities totaling 755 skilled nursing beds. Ensign's portfolio now comprises 418 healthcare operations across 18 states, while its subsidiaries own 189 real estate assets.
Positive
- Minor pointColorado acquisition adds seven healthcare operations, effective October 1, 2026.
- Minor pointFlorida operations acquisition adds 713 skilled nursing beds and 66 independent living units across eight facilities.
- Minor pointWashington operations acquisition adds 532 skilled nursing beds across four facilities.
- Minor pointEnglewood Heights acquisition adds real estate and operations of a 118-bed Pensacola facility.
- Minor pointStandard Bearer subsidiaries acquired five real estate assets totaling 755 skilled nursing beds, previously leased from third parties.
- Minor point. Forward-looking: it has not happened yet and may not happen.Ensign continues seeking real estate acquisitions and leased healthcare businesses throughout the United States.
Negative
- Minor pointNew Colorado, eight-facility Florida and Washington operations carry long-term triple net lease obligations.
Key Figures
- Delta Post Acute beds
- 80 beds
- Skilled nursing facility in Colorado
- La Villa Grande beds
- 96 beds
- Skilled nursing facility in Colorado
- Milestone Health beds
- 190 beds
- Skilled nursing facility in Colorado
- Monument Ridge beds
- 88 beds
- Skilled nursing facility in Colorado
- Pendant Health beds
- 130 beds
- Skilled nursing facility in Colorado
- Skyline Ridge skilled nursing beds
- 85 beds
- Healthcare campus in Colorado
- Skyline Ridge independent living units
- 47 units
- Healthcare campus in Colorado
- Springs Village beds
- 91 beds
- Skilled nursing facility in Colorado
Key Terms
triple net lease financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
SAN JUAN CAPISTRANO, Calif., Oct. 02, 2026 (GLOBE NEWSWIRE) -- The Ensign Group, Inc. (Nasdaq: ENSG), the parent company of the Ensign™ group of companies, which invest in and provide skilled nursing and senior living services, physical, occupational and speech therapies, other rehabilitative and healthcare services, and real estate, announced today that it acquired the operations of the following facilities:
- Delta Post Acute and Rehabilitation, an 80-bed skilled nursing facility located in Delta, CO;
- La Villa Grande Care Center, a 96-bed skilled nursing facility located in Grand Junction, CO;
- Milestone Health and Rehabilitation, a 190-bed skilled nursing facility located in Littleton, CO;
- Monument Ridge Health and Rehabilitation, an 88-bed skilled nursing facility located in Grand Junction, CO;
- Pendant Health and Rehabilitation, a 130-bed skilled nursing facility located in Lakewood, CO;
- Skyline Ridge Health and Rehabilitation, a healthcare campus with 85 skilled nursing beds and 47 independent living units located in Canon City, CO; and
- Springs Village Care Center, a 91-bed skilled nursing facility located in Colorado Springs, CO.
Each facility is operated by an Ensign affiliated operator and subject to a long-term triple net lease. This acquisition was effective as of October 1, 2026.
“We are delighted to expand our longstanding presence in Colorado with the addition of these facilities,” said Barry Port, Ensign’s Chief Executive Officer. “Ensign has served communities across Colorado for many years, and these operations fit well within the existing footprint while expanding our presence on the Western Slopes.”
David Jorgensen, President of Endura Healthcare LLC, Ensign’s Colorado-based subsidiary, added “Each of these communities has a dedicated group of caregivers committed to serving residents at a high level. Our focus will be on supporting local leadership, strengthening clinical programs and creating an environment where caregivers can thrive while delivering exceptional outcomes for those entrusted to our care.”
In an additional transaction on the same day, Ensign announced that it acquired the operations of eight facilities in Florida comprised of 713 additional skilled nursing beds and 66 independent living units. Every facility is operated by an Ensign affiliated operator and is subject to a long-term triple net lease. In another transaction on the same day, Ensign announced that it acquired the real estate and operations of “Englewood Heights Nursing and Rehabilitation”, a 118-bed skilled nursing facility located in Pensacola, Florida. The real estate was acquired by a subsidiary of Standard Bearer Healthcare REIT, Inc., Ensign’s captive real estate company, and the facility is operated by an Ensign-affiliated tenant.
In a separate transaction on the same day, Ensign announced that it acquired the operations of four facilities in Washington comprised of 532 additional skilled nursing beds. Each of these facilities is operated by an Ensign affiliated operator and is subject to a long-term triple net lease.
Additionally, Ensign announced that through subsidiaries of Standard Bearer Healthcare REIT, Inc. it acquired the real estate assets of five facilities that had previously been operating under third-party triple net leases. These facilities total 755 skilled nursing beds and are now subject to long-term leases with subsidiaries of Standard Bearer.
As of today, Ensign's growing portfolio consists of 418 healthcare operations, which includes 50 senior living operations, across 18 states. Ensign subsidiaries, including Standard Bearer, own 189 real estate assets. Mr. Port reaffirmed that 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 United States.
About Ensign™
The Ensign Group, Inc.'s independent operating subsidiaries provide a broad spectrum of skilled nursing and senior living services, physical, occupational and speech therapies and other rehabilitative and healthcare services at 418 healthcare facilities in Alabama, Alaska, Arizona, California, Colorado, Florida, Idaho, Iowa, Kansas, Nebraska, Nevada, Oregon, South Carolina, Tennessee, Texas, Utah, Washington and Wisconsin. More information about Ensign is available at http://www.ensigngroup.net.
Contact Information
The Ensign Group, Inc., (949) 487-9500, ir@ensignservices.net
SOURCE: The Ensign Group, Inc.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
Which Colorado facilities did Ensign Group acquire?
Ensign acquired operations at Delta Post Acute and Rehabilitation, La Villa Grande Care Center, Milestone Health and Rehabilitation, Monument Ridge Health and Rehabilitation, Pendant Health and Rehabilitation, Skyline Ridge Health and Rehabilitation, and Springs Village Care Center. The acquisition was effective October 1, 2026.
Who owns and operates Ensign's newly acquired Englewood Heights facility?
A subsidiary of Standard Bearer Healthcare REIT, Ensign's captive real estate company, acquired the real estate, and an Ensign-affiliated tenant operates the facility. Englewood Heights Nursing and Rehabilitation is a 118-bed skilled nursing facility in Pensacola, Florida.