Ensign Group (ENSG) Buys Facilities in Arizona & Colorado
ENSGEnsign Group(ENSG) ZACKS·2024-06-06 00:55

The Ensign Group, Inc. (ENSG) recently purchased the real estate and operations of an Arizona-based 32-bed skilled nursing facility, Wellsprings of Gilbert. This acquisition was completed through a subsidiary of ENSG’s captive real estate entity, Standard Bearer Healthcare REIT, Inc., and took effect on Jun 1, 2024. The buyout reflects the dual purpose of Ensign Group, which is to further solidify its presence in Arizona and bolster its Standard Bearer portfolio. The Standard Bearer segment, which represent ...