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The Ensign Group acquires skilled nursing facilities in Arizona, Colorado
Transactions - JUNE 6, 2024

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The Ensign Group acquires skilled nursing facilities in Arizona, Colorado

by Denise Moose

The Ensign Group, the parent company of the Ensign group of companies, announced that it acquired the real estate and operations of Wellsprings of Gilbert, a 32-bed, skilled-nursing facility located in Gilbert, Ariz. The real estate was acquired by a subsidiary of Standard Bearer Healthcare REIT, Ensign’s captive real estate company, and the acquisition was effective as of June 1.

In a separate transaction the same day, Ensign announced that it acquired the operations at The Springs at St. Andrews Village, a 58-bed, skilled-nursing facility located in Aurora, Colo. This facility will be operated by an Ensign-affiliated operator.

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