The Ensign Group acquired the operations of Agave Grove Post Acute, a 225-bed skilled nursing facility in Glendale, Arizona, which remains under a long-term triple-net lease with a third-party landlord.

The Ensign Group, Inc. (Nasdaq: ENSG), the parent company of the Ensign™ group of companies, which invest in and provide skilled nursing and senior living services, physical, occupational and speech therapies, other rehabilitative and healthcare services, and real estate, announced today that it acquired the operations of "Agave Grove Post Acute", a 225-bed skilled nursing facility located in Glendale, Arizona which is subject to a long-term, triple net lease with a third-party landlord. This acquisition was effective as of February 1, 2026.

"We are thrilled to be adding another facility to Arizona continuing our statewide growth from last year," said Barry Port, Ensign's Chief Executive Officer. "We are always looking to add facilities that cluster well with our other facilities in and around the Phoenix area and are excited to add this facility to our growing portfolio," he added.

Christie Jones, President of Bandera Healthcare LLC, Ensign's Arizona-based subsidiary, commented, "The caregivers at this facility are extraordinary and we are eager to have our leaders add our experience to theirs as we provide first-rate care to the residents, and families, that we serve."

In a series of transactions on the same day, Ensign announced that it acquired the real estate and operations of

"Wylie Oaks Healthcare and Rehabilitation", a 106-bed skilled nursing facility located in Wylie, Texas;

"The Chateau Waco" a 123-bed skilled nursing facility located in Waco, Texas;

"Sunset Valley Rehabilitation and Healthcare Center" an 80-bed skilled nursing facility located in Littlefield, Texas; and

"Timber Ridge Health and Rehabilitation", a 48-bed skilled nursing facility located in Stevens Point, Wisconsin.

The real estate was purchased by subsidiaries of Standard Bearer Healthcare REIT, Inc., Ensign's captive real estate company, and operations were leased to Ensign-affiliated operators, subject to a long-term lease effective as of February 1, 2026.

These acquisitions were effective February 1, 2026, and bring Ensign's growing portfolio to 378 healthcare operations, which includes 47 senior living operations, across 17 states.  Ensign subsidiaries, including Standard Bearer, own 160 real estate assets. Mr. Port reaffirmed that Ensign is actively seeking opportunities to acquire real estate and to lease both well-performing and struggling skilled nursing, senior living and other healthcare related businesses throughout the United States.

http://www.datamonitor.com
Republication or redistribution, including by framing or similar means,
is expressly prohibited without prior written consent. Datamonitor shall 
not be liable for errors or delays in the content, or for any actions 
taken in reliance thereon
COMTEX_473224528/2227/2026-02-09T18:56:19