CCN 065181 · Morgan County, Colorado
Valley View Villa
815 Fremont Ave, Fort Morgan, CO 80701
Valley View Villa is a 120-bed for-profit nursing home in Fort Morgan, Colorado, first certified for Medicare or Medicaid in 1990. CMS rates it 5 out of 5 stars overall in its September 2026 data, and it averaged 38.5 residents a day, about 32% of its certified beds. It has an active FHA-insured Section 232 loan: $9.3 million originally, at 3.85%, with $7.5 million outstanding as of September 30, 2026 and maturity in October 2047.
Facility facts
- Certified beds
- 120
- Average residents per day
- 38.5 (32.1% of beds)
- Ownership type
- For profit - Corporation
- Certification
- Medicare and Medicaid
- Legal business name
- Valley View Villa Operations LLC
- Certified since
- Jan 1, 1990
- Chain or affiliated group
- Life Care Centers of America (194 facilities, chain average 3.4 stars)
- Location
- Rural
Ratings and staffing
Star ratings run from 1 to 5. Staffing is nurse hours per resident per day from CMS Payroll Based Journal data; turnover is the CMS annual nursing staff turnover rate. Occupancy is CMS's average daily census divided by certified beds.
| Measure | This facility | Colorado median | US median |
|---|---|---|---|
| Overall rating | 5 of 5 | State spread: 26 at 1, 52 at 2, 41 at 3, 39 at 4, 50 at 5 | |
| Health inspections | 5 of 5 | ||
| Quality measures | 5 of 5 | ||
| Staffing | 5 of 5 | ||
| Total nurse hours per resident per day | 3.88 | 3.48 | 3.68 |
| RN hours per resident per day | 1.35 | 0.74 | 0.58 |
| Weekend nurse hours per resident per day | 3.46 | ||
| Nursing staff turnover | 29.3% | 46.6% | 44.9% |
| Occupancy (residents / beds) | 32.1% | 83.8% | 85.7% |
| Fines reported by CMS | None | ||
| Health deficiencies, latest standard survey | 2 (Dec 19, 2024) | ||
HUD 223(f) Express Lane: the CMS part
HUD gives 223(f) applications queue priority when the facility has CMS overall and health inspection ratings of at least 2 stars and no abuse icon, among other tests (ORCF criteria of March 31, 2026). Valley View Villa meets that part today: 5 stars overall, 5 on health inspections, no abuse icon. The loan-to-value, coverage and operator tests depend on the deal. All the criteria.
Who owns and operates it
These are the owners and operators the facility reported to CMS: anyone with a 5% or greater direct or indirect stake, and any organization with operational or managerial control.
| Name | Role | Share | Since |
|---|---|---|---|
| Consolidated Resources Health Care Fund I LPOrganization | Direct Ownership Interest | 100% | 03/28/2017 |
| Fund I Investments Limited PartnershipOrganization | Indirect Ownership Interest | 96% | 03/28/2017 |
| Life Care Centers of America, Inc.Organization | Operational / Managerial Control | n/a | 06/01/2017 |
| Valley View Villa Opcm, Inc.Organization | Operational / Managerial Control | n/a | 03/28/2017 |
| Fricke, RhondaIndividual | Operational / Managerial Control | n/a | 01/30/2023 |
| Preston, AubreyIndividual | Operational / Managerial Control | n/a | 03/28/2017 |
| Preston, ForrestIndividual | Operational / Managerial Control | n/a | 03/28/2017 |
| Schmidt, DerekIndividual | Operational / Managerial Control | n/a | 06/01/2017 |
| Underwood, JanaIndividual | Operational / Managerial Control | n/a | 03/19/2024 |
Changes of ownership
| Effective | Buyer | Seller |
|---|---|---|
| Jun 1, 2017 | Valley View Villa Operations LLC | Consolidated Resources Health Care Fund I LP |
HUD Section 232 loans
HUD's Office of Healthcare Programs lists these FHA-insured loans for a project we matched to this facility by name, city and bed count. Status, rate and balance come from HUD's insured-mortgage files as of September 30, 2026. Check the FHA number against the loan documents before relying on the match.
| Endorsed | Program | Original amount | Status | FHA number |
|---|---|---|---|---|
| Sep 14, 2017 | 223(f) refinance or purchaseHUD project name: LifeCare 2016 - Valley View Villa, 89 beds. Lender at endorsement: Capital Funding LLC | $9,300,000 | Active: 3.85%, $7,546,490 balanceMatures Oct 1, 2047. Servicer: Capital Funding LLC | 10122132 |
| Jul 20, 2011 | 223(a)(7) refinance of a 223(f) loanHUD project name: LCC34-Valley View Villa (Puyallup), 120 beds. Lender at endorsement: Capital Funding LLC | $4,350,800 | Ended Oct 31, 2016Prepayment | 10122057 |
| May 2, 2002 | 223(f) refinance or purchaseHUD project name: Valley View Villa, 110 beds. Lender at endorsement: Capital Funding Group | $4,467,300 | Ended Jul 20, 2011Prepayment | 10122018 |
Sources and dates
Facility, rating, staffing and ownership data: CMS Provider Information and CMS Ownership, processing date September 2026. Private equity, REIT and mortgage-interest flags and changes of ownership: CMS Skilled Nursing Facility All Owners and Change of Ownership files (2026-10-01). FHA-insured loans: HUD Office of Healthcare Programs endorsement database, data run July 8, 2026. How we join them, and what the join can get wrong: methodology.
SNF Register is independent. It is not affiliated with or endorsed by CMS, HUD or FHA. Spotted an error? Write to hello@hudskillednursing.loan.