{"id":781757,"date":"2023-09-05T06:13:11","date_gmt":"2023-09-05T10:13:11","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/the-ensign-group-acquires-two-skilled-nursing-facilities-in-south-carolina-2\/"},"modified":"2023-09-05T06:13:11","modified_gmt":"2023-09-05T10:13:11","slug":"the-ensign-group-acquires-two-skilled-nursing-facilities-in-south-carolina-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/the-ensign-group-acquires-two-skilled-nursing-facilities-in-south-carolina-2\/","title":{"rendered":"The Ensign Group Acquires Two Skilled Nursing Facilities in South Carolina"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">SAN JUAN CAPISTRANO, Calif., Sept.  05, 2023  (GLOBE NEWSWIRE) &#8212; The\u00a0Ensign Group, Inc.\u00a0(Nasdaq: ENSG), the parent company of the Ensign\u2122\u00a0group of companies, which invest in and provide skilled nursing and senior living services, physical, occupational and speech therapies, other rehabilitative and healthcare services, and real estate, announced today that it acquired the operations of <em>Ashley River Healthcare<\/em>, a 125-bed skilled nursing facility located in Charleston, South Carolina, and <em>The Reserve Healthcare and Rehabilitation<\/em>, a 135-bed skilled nursing facility located in Hanahan, South Carolina. These acquisitions were effective September 1, 2023 and will be subject to a long-term, triple net lease.<\/p>\n<p align=\"justify\">\u201cWe are very excited for our continued growth in South Carolina,\u201d said Barry Port, Ensign&#8217;s Chief Executive Officer. \u201cThese buildings present a great geographical and strategic fit within this particular market,\u201d he added.<\/p>\n<p align=\"justify\">Adam Willits, President of Hopewell Healthcare LLC, Ensign\u2019s South Carolina-based subsidiary, added \u201cWe can\u2019t wait to work with the wonderful caregivers at each of these facilities as we seek to meet and exceed the clinical, emotional and social needs of the residents and families we are honored to serve.\u201d<\/p>\n<p align=\"justify\">These acquisitions bring Ensign&#8217;s growing portfolio to 295 healthcare operations, 26 of which also include senior living operations, across thirteen states.\u00a0 Ensign subsidiaries, including Standard Bearer, now own 112 real estate assets. Mr. Port reaffirmed that Ensign is actively seeking opportunities to acquire real estate and to lease both well-performing and struggling skilled nursing, senior living and other healthcare related businesses throughout the United States.<\/p>\n<p align=\"justify\">\n        <strong><br \/>\n          <em>About Ensign\u2122<\/em><br \/>\n        <\/strong>\n      <\/p>\n<p align=\"justify\">The Ensign Group, Inc.&#8217;s independent operating subsidiaries provide a broad spectrum of skilled nursing and senior living services, physical, occupational and speech therapies and other rehabilitative and healthcare services at 295 healthcare facilities in Arizona, California, Colorado, Idaho, Iowa, Kansas, Nebraska, Nevada, South Carolina, Texas, Utah, Washington and Wisconsin. More information about Ensign is available at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=RrJjlIPbpXA-tfpDj3kp12X0EeOfBb90QOMmm14lBJivp84rUxvc0oDVOyx-RxaspsGMcO1SEV2Ghbk0dnqF4dBOBnFwSnOMnmJ34CKpxMQ=\" rel=\"nofollow noopener\" target=\"_blank\">http:\/\/www.ensigngroup.net<\/a>.<\/p>\n<p>\n        <strong><br \/>\n          <em>Contact Information<\/em><br \/>\n        <\/strong>\n      <\/p>\n<p align=\"justify\">The Ensign Group, Inc., (949) 487-9500, ir@ensigngroup.net<\/p>\n<p>SOURCE: The Ensign Group, Inc.<\/p>\n<\/p>\n<p>      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODkxNTQ5MyM1Nzk1NDY1IzIwMjE2NjM=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/OWQ0ZjU4NzMtNmI4ZS00Mzc3LTkyZWQtODc3ZTM2ZjIyYjJkLTEwMzI2Mjk=\/tiny\/The-Ensign-Group-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>SAN JUAN CAPISTRANO, Calif., Sept. 05, 2023 (GLOBE NEWSWIRE) &#8212; The\u00a0Ensign Group, Inc.\u00a0(Nasdaq: ENSG), the parent company of the Ensign\u2122\u00a0group of companies, which invest in and provide skilled nursing and senior living services, physical, occupational and speech therapies, other rehabilitative and healthcare services, and real estate, announced today that it acquired the operations of Ashley River Healthcare, a 125-bed skilled nursing facility located in Charleston, South Carolina, and The Reserve Healthcare and Rehabilitation, a 135-bed skilled nursing facility located in Hanahan, South Carolina. These acquisitions were effective September 1, 2023 and will be subject to a long-term, triple net lease. \u201cWe are very excited for our continued growth in South Carolina,\u201d said Barry Port, Ensign&#8217;s Chief Executive Officer. \u201cThese buildings &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/the-ensign-group-acquires-two-skilled-nursing-facilities-in-south-carolina-2\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;The Ensign Group Acquires Two Skilled Nursing Facilities in South Carolina&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-781757","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The Ensign Group Acquires Two Skilled Nursing Facilities in South Carolina - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/the-ensign-group-acquires-two-skilled-nursing-facilities-in-south-carolina-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Ensign Group Acquires Two Skilled Nursing Facilities in South Carolina - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"SAN JUAN CAPISTRANO, Calif., Sept. 05, 2023 (GLOBE NEWSWIRE) &#8212; The\u00a0Ensign Group, Inc.\u00a0(Nasdaq: ENSG), the parent company of the Ensign\u2122\u00a0group of companies, which invest in and provide skilled nursing and senior living services, physical, occupational and speech therapies, other rehabilitative and healthcare services, and real estate, announced today that it acquired the operations of Ashley River Healthcare, a 125-bed skilled nursing facility located in Charleston, South Carolina, and The Reserve Healthcare and Rehabilitation, a 135-bed skilled nursing facility located in Hanahan, South Carolina. These acquisitions were effective September 1, 2023 and will be subject to a long-term, triple net lease. \u201cWe are very excited for our continued growth in South Carolina,\u201d said Barry Port, Ensign&#8217;s Chief Executive Officer. \u201cThese buildings &hellip; Continue reading &quot;The Ensign Group Acquires Two Skilled Nursing Facilities in South Carolina&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/the-ensign-group-acquires-two-skilled-nursing-facilities-in-south-carolina-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-05T10:13:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODkxNTQ5MyM1Nzk1NDY1IzIwMjE2NjM=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-ensign-group-acquires-two-skilled-nursing-facilities-in-south-carolina-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-ensign-group-acquires-two-skilled-nursing-facilities-in-south-carolina-2\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"The Ensign Group Acquires Two Skilled Nursing Facilities in South Carolina\",\"datePublished\":\"2023-09-05T10:13:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-ensign-group-acquires-two-skilled-nursing-facilities-in-south-carolina-2\\\/\"},\"wordCount\":333,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-ensign-group-acquires-two-skilled-nursing-facilities-in-south-carolina-2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODkxNTQ5MyM1Nzk1NDY1IzIwMjE2NjM=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-ensign-group-acquires-two-skilled-nursing-facilities-in-south-carolina-2\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-ensign-group-acquires-two-skilled-nursing-facilities-in-south-carolina-2\\\/\",\"name\":\"The Ensign Group Acquires Two Skilled Nursing Facilities in South Carolina - 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