CCN 106025 · Manatee County, Florida
Life Care Center of Sarasota
8104 Tuttle Ave, Sarasota, FL 34243
Life Care Center of Sarasota is a 120-bed for-profit nursing home in Sarasota, Florida, first certified for Medicare or Medicaid in 2000. CMS rates it 4 out of 5 stars overall in its September 2026 data, and it averaged 106.5 residents a day, about 89% of its certified beds. It has an active FHA-insured Section 232 loan: $9.2 million originally, at 3.18%, with $7.9 million outstanding as of September 30, 2026 and maturity in December 2049.
Facility facts
- Certified beds
- 120
- Average residents per day
- 106.5 (88.8% of beds)
- Ownership type
- For profit - Individual
- Certification
- Medicare and Medicaid
- Legal business name
- Sarasota SNF Operations LLC
- Certified since
- Jun 29, 2000
- Chain or affiliated group
- Life Care Centers of America (194 facilities, chain average 3.4 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 | 4 of 5 | State spread: 89 at 1, 143 at 2, 125 at 3, 156 at 4, 178 at 5 | |
| Health inspections | 3 of 5 | ||
| Quality measures | 5 of 5 | ||
| Staffing | 3 of 5 | ||
| Total nurse hours per resident per day | 3.75 | 3.63 | 3.68 |
| RN hours per resident per day | 0.58 | 0.62 | 0.58 |
| Weekend nurse hours per resident per day | 3.29 | ||
| Nursing staff turnover | 45.2% | 41.9% | 44.9% |
| Occupancy (residents / beds) | 88.8% | 92.2% | 85.7% |
| Fines reported by CMS | 2 totaling $18,780 | ||
| Health deficiencies, latest standard survey | 7 (Sep 18, 2025) | ||
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). Life Care Center of Sarasota meets that part today: 4 stars overall, 3 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 |
|---|---|---|---|
| Life Care Centers of America, Inc.Organization | Operational / Managerial Control | n/a | 08/24/2015 |
| Conger, DavidIndividual | Operational / Managerial Control | n/a | 09/20/2023 |
| Fletcher, ToddIndividual | Operational / Managerial Control | n/a | 05/01/2022 |
| Gelvin, ChrisIndividual | Operational / Managerial Control | n/a | 10/01/2010 |
| Lay, LisaIndividual | Operational / Managerial Control | n/a | 04/24/2017 |
| Preston, AaronIndividual | Operational / Managerial Control | n/a | 01/03/2005 |
| Preston, AubreyIndividual | Operational / Managerial Control | n/a | 11/27/2024 |
| Preston, ForrestIndividual | Operational / Managerial Control | n/a | 08/24/2015 |
| Salas, JulieIndividual | Operational / Managerial Control | n/a | 08/14/2023 |
| Swanker, RichardIndividual | Operational / Managerial Control | n/a | 01/01/2022 |
| Ziegler, JamesIndividual | Operational / Managerial Control | n/a | 08/24/2015 |
Changes of ownership
| Effective | Buyer | Seller |
|---|---|---|
| Jul 1, 2016 | Sarasota SNF Operations LLC | Life Care Centers of America, Inc. |
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 |
|---|---|---|---|---|
| Nov 20, 2019 | 223(f) refinance or purchaseHUD project name: Life Care Center of Sarasota, 120 beds. Lender at endorsement: Capital Funding LLC | $9,240,000 | Active: 3.18%, $7,853,094 balanceMatures Dec 1, 2049. Servicer: Capital Funding LLC | 06722271 |
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.