The Ensign Group Acquires Healthcare Campus in Nebraska

  • 10/7/2024

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The Ensign Group, Inc. (Nasdaq: ENSG) has announced the acquisition of two healthcare facilities in Norfolk, Nebraska: St. Joseph Rehabilitation and Care Center, an 83-bed skilled nursing facility, and Skyview Villa Assisted Living, a 20 licensed-bed assisted living facility. The real estate was acquired by a subsidiary of Standard Bearer Healthcare REIT, Inc., Ensign's captive real estate company. This acquisition, effective October 1, 2024, expands Ensign's portfolio to 324 healthcare operations across fourteen states, with 30 including senior living operations. Ensign subsidiaries, including Standard Bearer, now own 123 real estate assets.

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

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