Pennant acquires senior living communities in Wisconsin

Pennant acquires senior living communities in Wisconsin 
Global Newswire; by Pennant Group; 11/1/24 
The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice, home care and senior living companies, today announced that it has acquired the operations of the following premier senior living facilities in Green Bay and Appleton, Wisconsin. The acquisition is effective today, November 1, 2024, and will be subject to a long-term, triple net lease:

• Marla Vista Assisted Living and Manor, now to be known as Blue Jay Springs Senior Living and Memory Care;
• arrington Assisted Living, now to be known as Autumn Embers Senior Living; and
• Carolina Assisted Living, now to be known as Lotus Gardens Senior Living.

This strategic acquisition enhances Pennant’s presence in the region and brings an additional 125 units under its management, enabling the company to better serve Wisconsin’s growing senior population.