The Ensign Group Inc. acquired five more skilled nursing facilities in two states on Dec. 1.
The moves include the acquisition of operations at four properties in Dallas all subject to long-term, triple net leases with purchase options following the fifth year. The acquisitions include:
- Crestwood Health and Rehabilitation Center, a skilled nursing facility with 112 skilled nursing beds and an assisted living center with 72 assisted living beds;
- Beacon Harbor Healthcare and Rehabilitation, a skilled nursing facility with 190 skilled nursing beds;
- Rowlett Health and Rehabilitation Center, a skilled nursing facility with 150 skilled nursing beds; and
- Pleasant Manor Healthcare and Rehabilitation, a skilled nursing facility with 126 skilled nursing beds.
“We are thrilled to add these operations in our healthiest markets in Texas,” said Barry Port, Ensign’s chief executive officer. “These new additions strengthen our local clusters and will magnify our ability to provide top quality care to the patients and families we serve.”
In a separate transaction on the same day, Ensign announced that its affiliates acquired the real estate and operations of Mission Palms Post Acute, a 160-bed skilled nursing facility in Mesa, AZ.
These acquisitions bring Ensign’s portfolio to 213 skilled nursing operations in 13 states.
