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Ensign Group Purchases 83-Bed Skilled Nursing Facility In Utah For About $3 Mln

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
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Ensign Group, Inc. (ENSG) announced that it purchased an 83-bed skilled nursing facility in Draper, Utah for approximately $3 million.

The company said that the facility was acquired from an affiliate of Oregon-based Westcare Management, Inc. The deal was signed in mid-2007, but the closing was delayed, as title issues on the real estate were resolved.

Ensign Group noted that an Ensign operating subsidiary was operating the facility under a short-term lease since July 2007, until the real estate closing. Further, the company said that the operating subsidiary would continue to operate the facility under a new long-term lease with the acquiring entity.

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