Press Releases April 30, 2026 04:01 PM

The Ensign Group Purchases Facilities in Wisconsin

The Ensign Group expands its healthcare real estate portfolio with new acquisitions in Wisconsin and Texas

By Ajmal Hussain ENSG
The Ensign Group Purchases Facilities in Wisconsin
ENSG

The Ensign Group, Inc. announced acquisitions of two residential care facilities in Wisconsin and multiple skilled nursing and senior living operations in Texas, increasing their portfolio to 395 healthcare operations across 17 states. These acquisitions include real estate operated under long-term leases through its captive real estate entity, Standard Bearer Healthcare REIT, signaling the company's continued strategic growth in the healthcare sector.

Key Points

  • Acquisition of Emerald Ridge of Neenah and Anna's House Assisted Living in Wisconsin expanding presence in the state.
  • Purchase of 15 skilled nursing operations and 2 campuses in Texas, adding over 2,000 skilled nursing beds and 100 senior living units.
  • Portfolio now includes 395 healthcare operations across 17 states, with 179 real estate assets owned by Ensign subsidiaries, showing significant scale in the healthcare and senior living sectors.

SAN JUAN CAPISTRANO, Calif., April 30, 2026 (GLOBE NEWSWIRE) -- The Ensign Group, Inc. (Nasdaq: ENSG), the parent company of the Ensign™ group of companies, which invest in and provide skilled nursing and senior living services, physical, occupational and speech therapies, other rehabilitative and healthcare services, and real estate, announced today the acquisition of the real estate of Emerald Ridge of Neenah, a 45-unit residential care apartment complex located in Neenah, Wisconsin; and Anna’s House Assisted Living, a 50 assisted living unit community based residential facility located in New Franken, Wisconsin, through subsidiaries of Standard Bearer Healthcare REIT, Inc., Ensign’s captive real estate company. Each of these facilities will be operated by experienced operators, and subject to long-term triple net leases.

“Standard Bearer continues to expand across the country, and these facilities are a terrific addition to its strong Wisconsin portfolio,” said Barry Port, Ensign's Chief Executive Officer. “We know that we have a fantastic tenant to run these buildings and we couldn’t be more excited to see them succeed in these operations,” he added.

In a separate transaction, Ensign announced the acquisition of the real estate and operations of fifteen stand-alone skilled nursing operations and two campus operations in Texas adding over 2000 skilled nursing beds and 100 senior living units to Ensign’s portfolio.

Each of these acquisitions will be effective as of May 1, 2026 and bring Ensign's growing portfolio to 395 healthcare operations, which includes 48 senior living operations, across 17 states. Ensign subsidiaries, including Standard Bearer, own 179 real estate assets. Mr. Port reaffirmed that Ensign is actively seeking opportunities to acquire real estate and to lease both well-performing and struggling skilled nursing, senior living and other healthcare related businesses throughout the United States.

About Ensign™

The Ensign Group, Inc.'s independent operating subsidiaries provide a broad spectrum of skilled nursing and senior living services, physical, occupational and speech therapies and other rehabilitative and healthcare services at 395 healthcare facilities in Alabama, Alaska, Arizona, California, Colorado, Idaho, Iowa, Kansas, Nebraska, Nevada, Oregon, South Carolina, Tennessee, Texas, Utah, Washington and Wisconsin. More information about Ensign is available at http://www.ensigngroup.net.

Contact Information

The Ensign Group, Inc., (949) 487-9500, [email protected]

SOURCE: The Ensign Group, Inc.


Risks

  • Integration risks associated with managing newly acquired facilities and ensuring operational efficiency.
  • Dependence on the performance of long-term triple net leases and tenants' ability to operate successfully.
  • Potential regulatory and reimbursement uncertainties in the skilled nursing and senior living industry which may impact profitability.

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