Pennant Group acquires senior living communities in Idaho, Texas
02/05/25 at 03:00 AM
Pennant Group acquires senior living communities in Idaho, Texas
Markets Insider; 2/4/25
Pennant Group (PNTG) announced that effective February 1, 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 subject to a long-term, triple net lease. These transactions expand Pennant’s operations by 188 units, comprised of both assisted living and memory care services.