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Ensign Group expands healthcare footprint with Iowa and California acquisitions
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Ensign Group expands healthcare footprint with Iowa and California acquisitions

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The Ensign Group (NASDAQ:ENSG) expanded its senior care and real estate portfolio through the acquisition of two long-term care properties in Iowa and California.

Both transactions became effective on June 1, 2026, as the company continues to execute its strategy of scaling operations alongside asset ownership.

The company acquired both the real estate and operations of Woodland Health and Rehabilitation, a 62-bed skilled nursing facility located in Mount Pleasant, Iowa.

Concurrently, Ensign finalized the purchase of the real estate assets of Memory Care of Contra Costa, a 46-unit specialized memory care community situated in Pleasant Hill, California.

The acquisitions were executed through separate subsidiaries of Standard Bearer Healthcare REIT, Ensign’s captive healthcare real estate investment trust.

Financial details regarding the purchase prices or projected revenue contributions for the individual properties were not disclosed.

These additions increase Ensign's total operational portfolio to 396 healthcare operations, a footprint that includes 48 dedicated senior living locations spanning 17 states.

Furthermore, the deals expand the number of real estate assets owned directly by Ensign subsidiaries to 181 properties.

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