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Exciting Acquisitions in the Assisted Living Industry

SAN JUAN CAPISTRANO, Calif., Nov. 04, 2024

Today, The Ensign Group, Inc. made a significant announcement regarding its recent acquisitions in the assisted living sector. Through its real estate subsidiary, Standard Bearer Healthcare REIT, Inc., Ensign acquired the real estate to four exceptional facilities in Wisconsin: Marla Vista Assisted Living, Marla Vista Manor, Carrington Assisted Living, and Carolina Assisted Living.

These facilities offer a range of services for seniors, including assisted living, memory care, and rehabilitation therapies. With a focus on providing high-quality care and comfortable living environments, each facility is set to be operated by affiliates of The Pennant Group, Inc., under long-term triple net leases.

This acquisition reflects Ensign’s commitment to expanding its presence in the senior living industry and delivering top-notch care to residents across the country. By adding these four facilities to its portfolio, Ensign is poised to make a positive impact on the lives of seniors in the Wisconsin community.

At Ensign, we are dedicated to enhancing the quality of life for seniors and their families, and these new acquisitions align perfectly with our mission. We are thrilled to welcome Marla Vista Assisted Living, Marla Vista Manor, Carrington Assisted Living, and Carolina Assisted Living to the Ensign family, and we look forward to serving the residents and staff at these facilities.

How this Acquisition Will Impact You

As a member of the community in Wisconsin, this acquisition by The Ensign Group may have a direct impact on you or your loved ones. With these new facilities under Ensign’s ownership, you can expect to see an increase in the availability of high-quality assisted living and memory care services in your area. If you or a family member are in need of senior care services, these newly-acquired facilities may provide the support and care you are looking for.

How this Acquisition Will Impact the World

On a larger scale, The Ensign Group’s acquisition of these assisted living facilities represents a significant development in the senior living industry. By expanding its portfolio and committing to providing excellent care to residents, Ensign is setting a new standard for senior care across the country. This acquisition highlights the importance of quality care for seniors and the growing demand for specialized services in this sector.

Conclusion

In conclusion, The Ensign Group’s recent acquisitions mark an exciting chapter in the company’s growth and its ongoing mission to provide exceptional care to seniors. With a focus on quality, compassion, and community, Ensign is dedicated to making a positive impact in the lives of residents and their families. We look forward to the opportunities that lie ahead and the continued success of these newly-acquired facilities.