The Ensign Group (ENSG) announced that it acquired the real estate and operations of Mesquite Post Acute Care, a 120-bed skilled nursing facility located in Lubbock, Texas. The real estate was acquired by a subsidiary of Standard Bearer Healthcare REIT, Inc. Ensign’s captive real estate company, and the acquisition is effective as of February 1. In addition, Standard Bearer Healthcare REIT exercised a purchase option to acquire the real estate of the following skilled nursing facilities and healthcare campus effective as of January 31: Beacon Harbor Healthcare & Rehabilitation, a 190-bed skilled nursing facility located in Rockwall, Texas; Pleasant Manor Healthcare & Rehabilitation, a 126-bed skilled nursing facility located in Waxahachie, Texas; Rowlett Health & Rehabilitation Center, a 150-bed skilled nursing facility located in Rowlett, Texas; and Crestwood Health & Rehabilitation Center, a healthcare campus with 112 skilled nursing beds and 36 assisted living units located in Wills Point, Texas.
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