Ensign Group Expands with New Services in Colorado and Kansas
The Ensign Group, the father or mother firm of the Ensign Group, has expanded its presence within the US with the acquisition of seven nursing properties in Colorado and one in Kansas.
Colorado amenities embrace Desert Willow Well being and Rehabilitation Heart in Pueblo, with 106 beds; Junction Creek Well being and Rehabilitation Heart in Durango, with 133 beds; and Pelican Pointe Well being and Rehabilitation Heart in Windsor, with 104 beds.
It additionally contains Riverbend Well being and Rehabilitation Heart in Loveland, with 100 beds; Broadview Well being and Rehabilitation Heart in Greeley, additionally with 100 beds; Westlake Lodge Well being and Rehabilitation Heart in Greeley, with 107 beds; and Linden Place Well being and Rehabilitation Heart in Longmont, with 110 beds.
The acquisitions are topic to long-term lease agreements with a triple web character, indicating a steady funding technique for the Ensign Group.
In a separate transaction the identical day, Ensign introduced the acquisition of the Prairie Ridge Well being and Rehabilitation heart in Overland Park, Kansas.
Prairie Ridge is a 102-bed nursing residence.
Entry probably the most complete firm profiles available on the market, powered by GlobalData. Save hours of analysis. Acquire a aggressive edge.
Firm Profile – Free Pattern
Your obtain electronic mail will arrive shortly
We’re satisfied of the distinctive high quality of our firm profiles. Nevertheless, we wish you to take advantage of helpful resolution to your firm, so we provide a free pattern that you could obtain by submitting the shape under
By GlobalData
Each the Colorado and Kansas offers grew to become efficient Sept. 1, 2024, with all acquired amenities topic to long-term triple-net lease agreements.
With these newest acquisitions, Ensign's portfolio has now grown to 323 healthcare establishments.
Of those whole corporations, 29 are targeted on senior housing, unfold throughout 14 states within the US.
Ensign subsidiaries, resembling Commonplace Bearer, now personal 122 properties.
Ensign CEO Barry Port mentioned, “We’re excited to proceed our latest growth in Colorado. These operations match completely inside our current footprint within the state.
“Our robust workforce of native leaders in Colorado is able to proceed our custom of wonderful scientific management with the addition of those buildings.”
The corporate reaffirmed that it’s actively pursuing alternatives to amass actual property and lease high-performing and struggling companies within the nursing residence, senior care and different healthcare sectors within the U.S.
Dave Jorgensen, president of Endura Healthcare, a subsidiary of Ensign Colorado, added, “Our workforce is so excited so as to add these operations. We are able to’t wait to convey our expertise and tradition to those amenities and consider they’re an ideal match with our dedication to offering world-class care to the Colorado residents and households we serve.”
