Pennant Expands Portfolio with Arizona Acquisition

The Pennant Group, Inc., a prominent provider of healthcare services, has announced the acquisition of the real estate and operations of a senior living community in Arizona. This acquisition, which adds 128 units to their Arizona portfolio, marks their fourth senior living community acquisition this year. The community offers both assisted living and memory care services. Brent Guerisoli, CEO of Pennant, emphasized the company's commitment to creating thriving senior communities. Andrew Rider, President of Pinnacle Senior Living, a subsidiary of Pennant, reiterated the focus on revitalization and enhancing the living experience for seniors. As part of the Pennant network, the new acquisition aims to facilitate a smoother transition for all involved parties while maintaining high standards of care. The Pennant Group operates through numerous subsidiaries across several states, handling home health, hospice, and senior living services.