CCN 105525 · Manatee County, Florida
Manatee Springs Rehabilitation and Nursing Center
5627 9th St E, Bradenton, FL 34203
Manatee Springs Rehabilitation and Nursing Center is a 120-bed for-profit nursing home in Bradenton, Florida, first certified for Medicare or Medicaid in 1985. CMS rates it 2 out of 5 stars overall in its September 2026 data, and it averaged 113.9 residents a day, about 95% of its certified beds. It has an active FHA-insured Section 232 loan: $13.9 million originally, at 2.99%, with $11.7 million outstanding as of September 30, 2026 and maturity in November 2049.
Facility facts
- Certified beds
- 120
- Average residents per day
- 113.9 (94.9% of beds)
- Ownership type
- For profit - Limited Liability company
- Certification
- Medicare and Medicaid
- Legal business name
- Manatee Operating LLC
- Certified since
- Dec 18, 1985
- Chain or affiliated group
- Jonathan Bleier (18 facilities, chain average 2.4 stars)
- Location
- Urban
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 | Florida median | US median |
|---|---|---|---|
| Overall rating | 2 of 5 | State spread: 89 at 1, 143 at 2, 125 at 3, 156 at 4, 178 at 5 | |
| Health inspections | 1 of 5 | ||
| Quality measures | 5 of 5 | ||
| Staffing | 5 of 5 | ||
| Total nurse hours per resident per day | 4.04 | 3.63 | 3.68 |
| RN hours per resident per day | 1.09 | 0.62 | 0.58 |
| Weekend nurse hours per resident per day | 3.61 | ||
| Nursing staff turnover | 40.6% | 41.9% | 44.9% |
| Occupancy (residents / beds) | 94.9% | 92.2% | 85.7% |
| Fines reported by CMS | None | ||
| Health deficiencies, latest standard survey | 11 (Jun 20, 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). Manatee Springs Rehabilitation and Nursing Center does not meet it today: health inspection rating 1, the 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 |
|---|---|---|---|
| Manatee Holdings LLCOrganization | Direct Ownership Interest | 100% | 12/31/2016 |
| Crestview 360 Holdings LLCOrganization | Indirect Ownership Interest | 47% | 04/01/2017 |
| Bleier, JonathanIndividual | Indirect Ownership Interest | 47% | 12/31/2016 |
| Schwartz, JoelIndividual | Indirect Ownership Interest | 7% | 12/31/2016 |
| Capital Funding Group, LLCOrganization | Security Interest | n/a | 10/28/2019 |
Changes of ownership
No change of ownership for this facility appears in the CMS change-of-ownership file, which starts in January 2016.
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 |
|---|---|---|---|---|
| Oct 28, 2019 | 223(f) refinance or purchaseHUD project name: Manatee Springs Rehabilitation and Nursing Center, 120 beds. Lender at endorsement: Capital Funding LLC | $13,920,000 | Active: 2.99%, $11,746,054 balanceMatures Nov 1, 2049. Servicer: Capital Funding LLC | 06622125 |
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.