The Ensign Group Acquires River Park Post Acute and Elmwood Senior Living (Chandler, AZ)
May 1, 2024
The Ensign Group acquired the operations of River Park Post Acute and Elmwood Senior Living, a healthcare campus in Chandler, Arizona, including 66 skilled nursing beds, 45 assisted living units and 119 independent living units. The real estate was purchased by a subsidiary of Standard Bearer Healthcare REIT, Inc. (Ensign’s captive real estate company), and the campus will be operated by an Ensign affiliate (Bandera Healthcare LLC).
- Buyers
- The Ensign Group, Inc., Standard Bearer Healthcare REIT, Inc.
- Targets
- River Park Post Acute and Elmwood Senior Living (Chandler, Arizona)
- Industry
- Healthcare Services
- Location
- Arizona, United States
- Transaction Type
- Buyout
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