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November 11, 2020 Comments Off on Ensign Group Broadens Amarillo Holdings with SNF Deal Views: 364 Texas - Other, Texas News

Ensign Group Broadens Amarillo Holdings with SNF Deal

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The Ensign Group, headquartered in San Juan Capistrano, CA, acquired the real estate and operations of The Medical Lodge of Amarillo, an 82-bed skilled nursing facility in Amarillo. The seller wasn’t disclosed. The property had an occupancy rate of 45% at acquisition.

“This acquisition broadens our existing operational base in the important Amarillo market,” said Ensign CEO Barry Port. “The combination of this facility along with our existing operations in the area further enhances our ability to continue to provide high quality healthcare services and strengthens our existing operating synergies.”

This acquisition brings Ensign’s growing portfolio to 227 healthcare operations, 24 of which also include assisted living operations, across 13 states.  Ensign owns 95 real estate assets. 

Port reaffirmed that Ensign is actively seeking opportunities to acquire real estate and to lease both well-performing and struggling skilled nursing, assisted living and other healthcare-related businesses throughout the U.S.

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