The Ensign Group Continues Growth in Idaho
The Ensign Group (NASDAQ: ENSG) has announced two strategic real estate acquisitions through its captive real estate company, Standard Bearer Healthcare REIT. The company acquired Timber Springs Transitional Care, a 120-bed skilled nursing facility in Boise, Idaho, which will be operated by an Ensign-affiliated tenant.
In a separate transaction, Standard Bearer acquired Duncanville Healthcare and Rehabilitation Center, a 124-bed skilled nursing facility in Duncanville, Texas, which will be operated by a third party under a triple-net lease. Both acquisitions are effective July 1, 2025.
With these additions, Ensign's portfolio now encompasses 348 healthcare operations, including 44 senior living operations across 17 states, with 146 owned real estate assets.
The Ensign Group (NASDAQ: ENSG) ha annunciato due acquisizioni strategiche nel settore immobiliare tramite la sua società immobiliare captive, Standard Bearer Healthcare REIT. La società ha acquisito Timber Springs Transitional Care, una struttura di assistenza infermieristica qualificata con 120 posti letto a Boise, Idaho, che sarà gestita da un inquilino affiliato a Ensign.
In un'operazione separata, Standard Bearer ha acquisito Duncanville Healthcare and Rehabilitation Center, una struttura di assistenza infermieristica qualificata con 124 posti letto a Duncanville, Texas, che sarà gestita da una terza parte con un contratto di locazione triple-net. Entrambe le acquisizioni avranno effetto dal 1° luglio 2025.
Con queste aggiunte, il portafoglio di Ensign comprende ora 348 operazioni sanitarie, tra cui 44 strutture per anziani in 17 stati, con 146 proprietà immobiliari di proprietà.
The Ensign Group (NASDAQ: ENSG) ha anunciado dos adquisiciones estratégicas de bienes raíces a través de su compañía inmobiliaria cautiva, Standard Bearer Healthcare REIT. La empresa adquirió Timber Springs Transitional Care, una instalación de cuidados especializados con 120 camas en Boise, Idaho, que será operada por un inquilino afiliado a Ensign.
En una transacción separada, Standard Bearer adquirió Duncanville Healthcare and Rehabilitation Center, una instalación de cuidados especializados con 124 camas en Duncanville, Texas, que será operada por un tercero bajo un contrato de arrendamiento triple neto. Ambas adquisiciones serán efectivas a partir del 1 de julio de 2025.
Con estas incorporaciones, la cartera de Ensign ahora abarca 348 operaciones de atención médica, incluyendo 44 centros para personas mayores en 17 estados, con 146 activos inmobiliarios propios.
The Ensign Group (NASDAQ: ENSG)는 자회사 부동산 회사인 Standard Bearer Healthcare REIT를 통해 두 건의 전략적 부동산 인수를 발표했습니다. 회사는 아이다호주 보이시에 위치한 120병상 전문 요양 시설인 Timber Springs Transitional Care를 인수했으며, 이 시설은 Ensign 계열 임차인이 운영할 예정입니다.
별도의 거래로 Standard Bearer는 텍사스주 던컨빌에 위치한 124병상 전문 요양 시설인 Duncanville Healthcare and Rehabilitation Center를 인수했으며, 이 시설은 제3자가 트리플 넷 임대 계약 하에 운영할 예정입니다. 두 인수 모두 2025년 7월 1일부터 효력이 발생합니다.
이로써 Ensign의 포트폴리오는 348개의 의료 운영을 포함하게 되었으며, 17개 주에 걸쳐 44개의 시니어 리빙 시설과 146개의 소유 부동산 자산을 보유하게 되었습니다.
The Ensign Group (NASDAQ: ENSG) a annoncé deux acquisitions stratégiques immobilières via sa société immobilière captive, Standard Bearer Healthcare REIT. L'entreprise a acquis Timber Springs Transitional Care, un établissement de soins infirmiers spécialisés de 120 lits à Boise, Idaho, qui sera exploité par un locataire affilié à Ensign.
Dans une transaction distincte, Standard Bearer a acquis le Duncanville Healthcare and Rehabilitation Center, un établissement de soins infirmiers spécialisés de 124 lits à Duncanville, Texas, qui sera exploité par un tiers sous un bail triple net. Les deux acquisitions prendront effet le 1er juillet 2025.
Avec ces ajouts, le portefeuille d'Ensign comprend désormais 348 opérations de santé, incluant 44 résidences pour personnes âgées réparties dans 17 états, avec 146 actifs immobiliers détenus.
The Ensign Group (NASDAQ: ENSG) hat zwei strategische Immobilienakquisitionen über seine Tochtergesellschaft Standard Bearer Healthcare REIT bekannt gegeben. Das Unternehmen erwarb Timber Springs Transitional Care, eine Pflegeeinrichtung mit 120 Betten in Boise, Idaho, die von einem Ensign-assoziierten Mieter betrieben wird.
In einer separaten Transaktion erwarb Standard Bearer das Duncanville Healthcare and Rehabilitation Center, eine Pflegeeinrichtung mit 124 Betten in Duncanville, Texas, die von einem Dritten im Rahmen eines Triple-Net-Leasingvertrags betrieben wird. Beide Übernahmen treten am 1. Juli 2025 in Kraft.
Mit diesen Ergänzungen umfasst das Portfolio von Ensign nun 348 Gesundheitsbetriebe, darunter 44 Seniorenwohnanlagen in 17 Bundesstaaten, mit 146 eigenen Immobilienvermögen.
- Strategic expansion of real estate portfolio with two new skilled nursing facilities
- Growth in operational footprint to 348 healthcare facilities across 17 states
- Strengthened presence in the northwest market through the Idaho acquisition
- Diversification of revenue through mix of affiliated and third-party operations
- Increased exposure to skilled nursing sector risks
- Additional operational complexity from managing expanded portfolio
Insights
Ensign Group expands portfolio with strategic acquisitions in Idaho and Texas, growing both operations and real estate holdings.
The acquisition of Timber Springs Transitional Care in Idaho represents Ensign Group's strategic expansion in the northwest region, adding a 120-bed skilled nursing facility to their operational portfolio. Simultaneously, their real estate subsidiary, Standard Bearer Healthcare REIT, acquired the real estate for a 124-bed facility in Texas that will be operated by a third party under a triple-net lease arrangement.
These acquisitions effectively demonstrate Ensign's dual growth strategy: expanding both their healthcare operations footprint and their real estate holdings. The Idaho acquisition fits into their regional clustering approach, potentially allowing for operational synergies within their northwest operations. Meanwhile, the Texas real estate acquisition with a third-party operator showcases their focus on building passive income streams through their REIT subsidiary.
With these additions, Ensign's portfolio now encompasses 348 healthcare operations across 17 states, including 44 senior living operations, while their subsidiaries own 146 real estate assets. This represents meaningful scale in the skilled nursing and senior living sectors.
The triple-net lease structure for the Texas property is particularly notable as it places property expenses on the tenant rather than the landlord, creating a more predictable income stream for Standard Bearer. This dual approach of operational growth and real estate ownership provides two distinct yet complementary revenue channels.
The company's explicit statement about actively seeking additional acquisition opportunities in both well-performing and struggling facilities suggests this growth trajectory will continue as part of their established business strategy.
SAN JUAN CAPISTRANO, Calif., July 02, 2025 (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 real estate and operations of Timber Springs Transitional Care, a 120-bed skilled nursing facility located in Boise, Idaho. The real estate was acquired by a subsidiary of Standard Bearer Healthcare REIT, Inc., Ensign’s captive real estate company, and the facility will be operated by an Ensign-affiliated tenant.
“We are excited to add another quality operation in Idaho to our portfolio,” said Barry Port, Ensign's Chief Executive Officer. “Adding this facility to Standard Bearer’s growing presence in the northwest is an exciting development for our organization and highlights the growth we are currently experiencing both operationally and with real estate,” he added.
Steve Farnsworth, President of Pennant Healthcare LLC, Ensign’s northwest subsidiary, added, “This facility is a great fit for our cluster, and we are excited to watch our local leadership work with these caregivers to provide exceptional service and care to our residents and their families.”
In a separate transaction on the same day, Standard Bearer, through one of its subsidiaries, acquired the real estate to Duncanville Healthcare and Rehabilitation Center, a 124-bed skilled nursing facility located in Duncanville, Texas. The facility will be operated by a third-party operator and is subject to a long-term triple-net lease.
These acquisitions are effective as of July 1, 2025, and bring Ensign's growing portfolio to 348 healthcare operations, which includes 44 senior living operations, across 17 states. Ensign subsidiaries, including Standard Bearer, own 146 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 348 healthcare facilities in Alabama, Alaska, Arizona, California, Colorado, 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
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