The Ensign Group, a healthcare provider, has acquired eight facilities in California, including skilled nursing and assisted living facilities. The acquisition, effective August 1, 2025, is subject to new triple net lease arrangements with CareTrust REIT and International Equity Partners. Ensign CEO Barry Port said the company is committed to serving California's growing senior population and is honored to have the operations join their cause.
The Ensign Group, Inc. (Nasdaq: ENSG) has significantly expanded its healthcare portfolio through the acquisition of eight skilled nursing and assisted living facilities in California, effective August 1, 2025. The facilities, which include skilled nursing and assisted living operations, are subject to new triple net lease arrangements with affiliates of CareTrust REIT Inc. (NYSE: CTRE) and International Equity Partners [1].
The acquisitions include:
- Courtyard Health Care Center, a 112-bed skilled nursing facility located in Davis, California.
- Pacific Gardens Nursing and Rehabilitation Center, a 171-bed skilled nursing facility located in Fresno, California.
- Vintage Faire Residential, a 31-unit assisted living facility located in Modesto, California.
- Vintage Faire Nursing & Rehabilitation Center, a 99-bed skilled nursing facility located in Modesto, California.
- Arbor Place, a 48-unit assisted living facility located in Lodi, California.
- Arbor Rehabilitation & Nursing Center, a 149-bed skilled nursing facility located in Lodi, California.
- Turlock Residential, a 30-unit assisted living facility located in Turlock, California.
- Turlock Nursing and Rehabilitation Center, a 144-bed skilled nursing facility located in Turlock, California.
These acquisitions are part of Ensign's strategy to deepen its commitment to California, a state with a growing senior population. Ensign's CEO, Barry Port, expressed excitement about the new additions, emphasizing the company's long-term commitment to serving the healthcare needs of California's residents [2].
The acquisitions are part of Ensign's broader strategy to expand its healthcare portfolio across 17 states, including 47 senior living operations and 148 real estate assets. Ensign's approach involves implementing building-by-building transition plans to minimize operational disruptions [1].
The Ensign Group's expansion in California reflects its dedication to serving the state's growing senior population. By acquiring these facilities, Ensign aims to provide high-quality healthcare services and contribute to the state's healthcare infrastructure.
References:
[1] https://www.stocktitan.net/news/ENSG/the-ensign-group-announces-expansion-in-gub7gmah775n.html
[2] https://www.globenewswire.com/news-release/2025/08/04/3126388/21305/en/The-Ensign-Group-Announces-Expansion-in-California.html
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