The Ensign Group has acquired Canterbury Gardens Independent & Assisted Living Community, a 235-bed assisted and independent living facility in Aurora, Colorado.
The facility was acquired from along-term care company that had operated it for several years. Ensign expects operations in the facility, which had an occupancy rate of approximately 85 percent at acquisition, to be operationally accretive to earnings starting in 2011. Ensign purchased the facility with cash.
The acquisition brings Ensign's growing portfolio to 82 healthcare facilities.