The Ensign Group has closed on the first of its acquisitions in the Alaska and Oregon markets.
The San Juan Capistrano, CA-based company had previously announced that it would be planting its flag in those states this year. Effective March 1, a subsidiary of Standard Bearer Healthcare REIT Inc., Ensign’s captive real estate company, acquired communities in these markets. In Alaska, the company acquired Polaris Extended Care and Polaris Transitional Care, a skilled nursing facility with 146 units located in Anchorage, and Horizon House, a 90-unit senior living community, also located in Anchorage.
In Mt. Angel, OR, Ensign acquired Mt. Angel Health and Rehabilitation and Mt. Angel Orchard House, a healthcare campus with 98 skilled nursing beds and 50 senior living units…