Ensign Group scoops up 5 Texas nursing homes

The Ensign Group, a publicly traded holding company based in San Juan Capistrano, Calif., has acquired five Texas nursing homes through its real estate company, Standard Bearer Healthcare REIT.

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Independent subsidiaries of the Ensign Group will continue to operate the facilities, according to a Feb. 3 news release from the company. 

The company exercised an existing purchase option to acquire four nursing homes in Texas: Beacon Harbor Healthcare & Rehabilitation in Rockwall; Crestwood Health & Rehabilitation Center in Wills Point; Pleasant Manor Healthcare & Rehabilitation in Waxahachie; and Rowlett Health & Rehabilitation Center in Rowlett.

The group acquired Mesquite Post Acute Care in Lubbock, Texas, in a separate transaction.

The Ensign Group now owns 334 healthcare operations across 15 states, the release said.

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