Ensign Group Acquires Pacific Haven Subacute and Healthcare Center in Garden Grove, Expanding Skilled Nursing Operations
Published / Modified Apr 02 2025
CSIMarket Team / CSIMarket.com
SAN JUAN CAPISTRANO, Calif. April 2, 2025 ? In a significant strategic move, The Ensign Group, Inc.
(Nasdaq: ENSG), the parent company of a diversified portfolio of skilled nursing and senior living services, has announced the acquisition of both the real estate and operations of Pacific Haven Subacute and Healthcare Center.
This 99-bed skilled nursing facility, located in Garden Grove, California, represents a key addition to Ensign s growing footprint in the healthcare sector.
The acquisition, which is effective as of April 1, 2025, was executed through a subsidiary of Standard Bearer Healthcare REIT, Inc. Ensign s captive real estate company.
Following the acquisition, the facility will be managed by an Ensign-affiliated tenant, ensuring that the care and services provided to residents meet the high standards for which the Ensign Group is known.
This latest acquisition is part of Ensign s ongoing strategy to expand its operations in the skilled nursing and rehabilitation sectors.
The company has shown a strong performance recently, with its stock currently standing at $124.63, reflecting an impressive 4.71% increase over the past 30 days.
This rise in share value comes on the heels of previous announcements regarding strategic expansions, including new acquisitions in Arizona reported on March 3, 2025.
As the healthcare industry continues to evolve, The Ensign Group remains committed to investing in facilities that enhance the quality of care for seniors and individuals requiring rehabilitation services.
The acquisition of Pacific Haven Subacute and Healthcare Center underscores Ensign s dedication to growth and quality in the skilled nursing space.
In a statement, a spokesperson from Ensign expressed enthusiasm about the acquisition, asserting that Pacific Haven will benefit significantly from the resources and experience that Ensign brings to its operations, ultimately enhancing the care provided to its residents.
With this acquisition, Ensign Group further solidifies its position as a leader in the healthcare facilities market, continuing to focus on delivering exceptional senior care services across its expanding network.
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