Ensign Group Acquires Real Estate And Operations Of Greater Southside Health And Rehabilitation, An 76-bed Skilled Nursing Facility, Iowa
Portfolio Pulse from Benzinga Newsdesk
Ensign Group has acquired the real estate and operations of Greater Southside Health and Rehabilitation, a 76-bed skilled nursing facility in Iowa. The real estate was acquired by Standard Bearer Healthcare REIT, Inc., Ensign's captive real estate company, effective August 1, 2024.
August 02, 2024 | 10:07 am
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Ensign Group has acquired the real estate and operations of Greater Southside Health and Rehabilitation, a 76-bed skilled nursing facility in Iowa. This acquisition is expected to enhance Ensign's portfolio and operational capabilities.
The acquisition of a skilled nursing facility is likely to positively impact Ensign Group's stock in the short term by expanding its portfolio and operational capabilities. This move aligns with the company's growth strategy.
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