{"id":964307,"date":"2026-05-18T17:31:24","date_gmt":"2026-05-18T21:31:24","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/pennant-announces-an-acquisition-of-senior-living-community-in-arizona\/"},"modified":"2026-05-18T17:31:24","modified_gmt":"2026-05-18T21:31:24","slug":"pennant-announces-an-acquisition-of-senior-living-community-in-arizona","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/pennant-announces-an-acquisition-of-senior-living-community-in-arizona\/","title":{"rendered":"Pennant Announces an Acquisition of Senior Living Community in Arizona"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">EAGLE, Idaho, May  18, 2026  (GLOBE NEWSWIRE) &#8212; The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice, home care and senior living companies, announces the acquisition of the real estate and operations of an established senior living community, Copper Canyon Memory Care in Tucson, Arizona. The newly acquired community offers memory care services and increases Pennant\u2019s Arizona operations by 40 units.<\/p>\n<p align=\"justify\">\u201cThis Tucson acquisition reflects Pennant\u2019s disciplined approach to capital deployment and our confidence in the long-term fundamentals of the Arizona senior housing market,\u201d said Brent Guerisoli, Chief Executive Officer of Pennant. \u201cBy selectively expanding in markets where we already have operating scale and proven leadership, we believe we can drive sustainable performance while continuing to deliver high-quality outcomes for residents.\u201d<\/p>\n<p align=\"justify\">\u201cThe addition of this community strengthens Pinnacle\u2019s Arizona portfolio and creates opportunities to enhance operating efficiency,\u201d added Andrew Rider, President of Pinnacle Senior Living LLC, Pennant\u2019s senior living subsidiary. \u201cWe are focused on leveraging local market expertise, and becoming a trusted, engaged presence in the Tucson community that enriches the lives of residents and families.\u201d<\/p>\n<p align=\"justify\">Pennant looks forward to working closely with residents, families, and staff to ensure a smooth transition and a bright future for this community.<\/p>\n<p align=\"justify\">\n        <strong>About Pennant<\/strong><br \/>\n        <sup><br \/>\n          <strong>:<\/strong><br \/>\n        <\/sup>\n      <\/p>\n<p align=\"justify\">The Pennant Group, Inc. is a holding company of independent operating subsidiaries that provide healthcare services through home health and hospice agencies and senior living communities located throughout Alabama, Arizona, California, Colorado, Connecticut, Georgia, Idaho, Montana, Nevada, Oklahoma, Oregon, Tennessee, Texas, Utah, Washington, Wisconsin and Wyoming. Each of these businesses is operated by a separate, independent operating subsidiary that has its own management, employees, and assets. References herein to the consolidated &#8220;company&#8221; and &#8220;its&#8221; assets and activities, as well as the use of the terms &#8220;we,&#8221; &#8220;us,&#8221; &#8220;its&#8221; and similar verbiage, are not meant to imply that The Pennant Group, Inc. has direct operating assets, employees or revenue, or that any of the home health and hospice businesses, senior living communities or the Service Center are operated by the same entity. More information about Pennant is available at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=sRwkWgp2J-ZeglCDahW23v-Duqt5bNa9x8w4U7cJ2EggtFc79GZyKDeJejpVmcCdXuEzl2pWCjEdOh8iqBup3cXtVWwv2M3iZzICvxrYL14=\" rel=\"nofollow\" target=\"_blank\">www.pennantgroup.com<\/a>.<\/p>\n<p align=\"justify\">SOURCE: The Pennant Group, Inc.<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTcyMjUzNSM3NjA5ODMwIzIxODQ2OTM=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/MmRhNTYwODMtY2Q2MS00N2Q0LThiYzItYjBjY2JhNjI0YjRhLTExOTYyNDctMjAyNi0wNS0xOC1lbg==\/tiny\/Pennant-Group-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\">\n<pre>Contact Information\r\n\r\nThe Pennant Group, Inc.\r\n(208) 401-1400\r\nir@pennantgroup.com<\/pre>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>EAGLE, Idaho, May 18, 2026 (GLOBE NEWSWIRE) &#8212; The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice, home care and senior living companies, announces the acquisition of the real estate and operations of an established senior living community, Copper Canyon Memory Care in Tucson, Arizona. The newly acquired community offers memory care services and increases Pennant\u2019s Arizona operations by 40 units. \u201cThis Tucson acquisition reflects Pennant\u2019s disciplined approach to capital deployment and our confidence in the long-term fundamentals of the Arizona senior housing market,\u201d said Brent Guerisoli, Chief Executive Officer of Pennant. \u201cBy selectively expanding in markets where we already have operating scale and proven leadership, we believe we can drive &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/pennant-announces-an-acquisition-of-senior-living-community-in-arizona\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Pennant Announces an Acquisition of Senior Living Community in Arizona&#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-964307","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Pennant Announces an Acquisition of Senior Living Community in Arizona - 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\/pennant-announces-an-acquisition-of-senior-living-community-in-arizona\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pennant Announces an Acquisition of Senior Living Community in Arizona - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"EAGLE, Idaho, May 18, 2026 (GLOBE NEWSWIRE) &#8212; The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice, home care and senior living companies, announces the acquisition of the real estate and operations of an established senior living community, Copper Canyon Memory Care in Tucson, Arizona. The newly acquired community offers memory care services and increases Pennant\u2019s Arizona operations by 40 units. \u201cThis Tucson acquisition reflects Pennant\u2019s disciplined approach to capital deployment and our confidence in the long-term fundamentals of the Arizona senior housing market,\u201d said Brent Guerisoli, Chief Executive Officer of Pennant. \u201cBy selectively expanding in markets where we already have operating scale and proven leadership, we believe we can drive &hellip; Continue reading &quot;Pennant Announces an Acquisition of Senior Living Community in Arizona&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/pennant-announces-an-acquisition-of-senior-living-community-in-arizona\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-05-18T21:31:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTcyMjUzNSM3NjA5ODMwIzIxODQ2OTM=\" \/>\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\\\/pennant-announces-an-acquisition-of-senior-living-community-in-arizona\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/pennant-announces-an-acquisition-of-senior-living-community-in-arizona\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Pennant Announces an Acquisition of Senior Living Community in Arizona\",\"datePublished\":\"2026-05-18T21:31:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/pennant-announces-an-acquisition-of-senior-living-community-in-arizona\\\/\"},\"wordCount\":367,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/pennant-announces-an-acquisition-of-senior-living-community-in-arizona\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTcyMjUzNSM3NjA5ODMwIzIxODQ2OTM=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/pennant-announces-an-acquisition-of-senior-living-community-in-arizona\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/pennant-announces-an-acquisition-of-senior-living-community-in-arizona\\\/\",\"name\":\"Pennant Announces an Acquisition of Senior Living Community in Arizona - 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