India, Feb. 3 -- Ensign Group, Inc.(ENSG), a provider of skilled nursing and senior living services, and others, on Monday announced that its captive real estate company, Standard Bearer Healthcare REIT, Inc., exercised a purchase option to acquire the real estate of certain skilled nursing facilities and healthcare campus in Texas, effective as of January 31.
The deal includes skilled nursing facilities Beacon Harbor Healthcare & Rehabilitation, Pleasant Manor Healthcare & Rehabilitation, and Rowlett Health & Rehabilitation Center, as well as healthcare campus Crestwood Health & Rehabilitation Center, all in different parts of Texas.
Each of these operations have been operated by an Ensign-affiliated company under two third-party leases ...