The Ensign Group acquires 193K SF Healthcare Campus, River Park Post Acute and Elmwood Senior Living, in Chandler for $15.94M ($82.54psf)

  • 5/1/2024

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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 River Park Post Acute and Elmwood Senior Living, a healthcare campus with 66 bed skilled nursing beds, 45 assisted living units and 119 independent living units located in Chandler, Arizona. The real estate was acquired by a subsidiary of Standard Bearer Healthcare REIT, Inc., Ensign’s captive real estate company, and the acquisition is effective as of May 1, 2024.

The Ensign Group, Inc. (Nasdaq: ENSG)
Chad Keetch | EVP, Chief Investment Officer

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