Ensign Group Acquires Three Assets In Washington; No Terms Disclosed
Portfolio Pulse from Benzinga Newsdesk
Ensign Group has acquired three assets in Washington, including the real estate and operations of Belmont Terrace, a 95-bed skilled nursing facility, Puget Sound Transitional Care, a 125-bed skilled nursing facility, and the real estate of a post-acute care retirement campus known as Avamere Rehabilitation at Ridgemont and The Villas at Ridgemont. The terms of the deal were not disclosed.
August 04, 2023 | 10:47 am
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POSITIVE IMPACT
Ensign Group's acquisition of three assets in Washington could potentially expand its market presence and increase its revenue in the long term.
The acquisition of these three assets could potentially expand Ensign Group's market presence in Washington. This could lead to an increase in the company's revenue in the long term. However, as the terms of the deal were not disclosed, it's difficult to assess the immediate financial impact on the company.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100