Ensign CEO Bullish on Assisted Living After Rough Quarter

The Ensign Group (Nasdaq: ENSG) saw its share price decline sharply Thursday on disappointing quarterly earnings, but CEO Christopher Christensen said he has high hopes for 2017—and singled out assisted living and independent living as especially promising service lines.  Mission Viejo, California-based Ensign provides a broad range of post-acute care, with about 17,700 skilled nursing […]

Ensign Purchases 15-Property Assisted Living Real Estate Portfolio

The Ensign Group (Nasdaq: ENSG) now owns the real estate of 15 Wisconsin assisted living properties, which the company has been operating for more than a year. Mission Viejo, California-based Ensign did not disclose the purchase price, but the transaction was funded from cash using the company’s revolver and was effective Dec. 21, according to […]

Ensign Offloads Urgent Care Portfolio To Focus On Post-Acute

The Ensign Group (Nasdaq: ENSG) is narrowing its focus more on post-acute and senior living by offloading its urgent care operations. The parent company of the Ensign group of skills nursing, rehabilitative care services, home health care, hospice, assisted living and urgent care companies, The Ensign Group is based in Mission Viejo, California. The company’s […]

Senior Housing Finance Activity: Ensign, Senior Housing Properties Trust

Senior Housing Properties Trust Announces $620 Million Mortgage Financing on Boston Seaport Buildings Real estate investment trust (REIT) Senior Housing Properties Trust (Nasdaq: SNH) announced that it has closed on a $620 million, 10-year, non-amortizing mortgage loan that matures in August 2026. The loan is secured by two Class A, 15 story life-science buildings, which […]

Editor’s Picks: ABHOW and be.group Pick Leadership Team

This week, Senior Housing News readers learned how distress in the health care industry overall might impact senior housing, why National Health Investors Inc. (NYSE: NHI) is keen on skilled nursing, and delved into the mind of Marquis Companies President and CEO Phil Fogg. This Week in Review  California’s Largest Nonprofit Senior Living Provider Announces Leadership […]

Senior Housing Investments & Acquisitions: Aviv REIT, Capital Senior Living, Legacy Healthcare

Capitol Seniors Housing Buys 97-Unit California Property Real estate services firm Cushman & Wakefield recently announced the sale of Fremont Hills, a 97-unit Class A assisted living and memory care community in Fremont, Calif. Capitol Seniors Housing purchased the property for an undisclosed amount and MBK Senior Living will manage it. Cushman & Wakefield arranged […]

Senior Housing Investments & Acquisitions: Aviv REIT, NHI, Greystone

Aviv REIT Acquires Kentucky Skilled Nursing Facility for $6 Million  Aviv REIT, Inc. (NYSE: AVIV) announced June 2 the acquisition of a Kentucky-based post-acute and long-term care skilled nursing facility for $6 million.  The SNF is triple-net leased to existing Aviv operator Diversicare Healthcare Services, an operator of 49 facilities in 9 states. The acquisition […]