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Pennant Acquires Real Estate of Mainplace Senior Living in Orange, California

  • The Pennant Group, Inc. acquired the real estate of Mainplace Senior Living in Orange, California, effective September 3, 2026.
  • A Pennant affiliated subsidiary has operated the Mainplace community under a triple-net lease since the 2019 spin-off.
  • CEO Brent Guerisoli stated the acquisition aligns with the company's disciplined capital deployment strategy & aims to enhance long-term operating stability.
  • Andrew Rider, President of Pinnacle Senior Living LLC, confirmed that local leaders & caregivers will continue to support the community.
  • Pennant intends to pursue further real estate investments that complement its operating model while maintaining financial discipline.
  • The Pennant Group, Inc. is a holding company with independent subsidiaries providing healthcare services across 17 U.S. states.