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Pennant Acquires Senior Living Communities in Idaho and Texas - Pennant Gr (NASDAQ:PNTG)

Summary by Benzinga
EAGLE, Idaho, Feb. 03, 2025 (GLOBE NEWSWIRE) -- The Pennant Group, Inc. (NASDAQ:PNTG), the parent company of the Pennant group of affiliated home health, hospice, home care and senior living companies, announced today that effective February 1, 2025, it has acquired three premier senior living facilities in Idaho and Texas. The acquisition in Idaho is subject to a triple net lease with the option to purchase, and the two Texas facilities are sub…

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BenzingaBenzinga

Pennant Acquires Senior Living Communities in Idaho and Texas - Pennant Gr (NASDAQ:PNTG)

EAGLE, Idaho, Feb. 03, 2025 (GLOBE NEWSWIRE) -- The Pennant Group, Inc. (NASDAQ:PNTG), the parent company of the Pennant group of affiliated home health, hospice, home care and senior living companies, announced today that effective February 1, 2025, it has acquired three premier senior living facilities in Idaho and Texas. The acquisition in Idaho is subject to a triple net lease with the option to purchase, and the two Texas facilities are sub…

·New York, United States
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csimarket.comcsimarket.com

#Pennant Surges Ahead: New Acquisitions Boost Growth in Senior Living Sector

EAGLE, Idaho, Feb. 03, 2025 ' In a strategic move set to expand its footprint in the senior living industry, The Pennant Group, Inc. (NASDAQ: PNTG) announced the acquisition of three premier senior living facilities located in Idaho and Texas. This development, initiated effective February 1, 2025, follows the company's acquisition of senior living communities in Wisconsin last November, signaling a robust growth trajectory for Pennant amidst a …

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stocktitan.netstocktitan.net

Major Senior Living Acquisition: Pennant Group Adds 188 Units Across Prime Markets

Pennant Group strengthens its senior care footprint by acquiring three premium facilities in Idaho and Texas, adding 188 units of assisted living and memory care services to its portfolio.

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Benzinga broke the news in New York, United States on Monday, February 3, 2025.
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