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The Ensign Group acquires skilled nursing and memory care facilities in Iowa and California

Company Fundamentals
02 Jun 2026
GlobeNewsWire
View Source
Bullish
pluang ai news

The Ensign Group acquired the real estate and operations of Woodland Health and Rehabilitation, a 62-bed skilled nursing facility in Mount Pleasant, Iowa, effective June 1, 2026. The real estate was purchased by a subsidiary of Standard Bearer Healthcare REIT, Ensign's captive real estate company, with the facility operated by an Ensign-affiliated tenant. On the same day, Ensign also acquired the real estate of Memory Care of Contra Costa, a 46-unit memory care facility in Pleasant Hill, California, which will be operated by a third-party under a long-term lease. These acquisitions expand Ensign's portfolio to 396 healthcare operations across 17 states, with 181 real estate assets owned by its subsidiaries. The company continues to seek opportunities to acquire and lease skilled nursing, senior living, and healthcare businesses nationwide.

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