CCN 106119 · Lake County, Florida
Solaris Healthcare Waterman
4501 Waterman Way, Tavares, FL 32778
Solaris Healthcare Waterman is a 120-bed for-profit nursing home in Tavares, Florida, first certified for Medicare or Medicaid in 2018. CMS rates it 5 out of 5 stars overall in its September 2026 data, and it averaged 117.0 residents a day, about 98% of its certified beds. We found no FHA-insured Section 232 loan for it in HUD's healthcare endorsement database (fiscal 2001 onward).
Facility facts
- Certified beds
- 120
- Average residents per day
- 117.0 (97.5% of beds)
- Ownership type
- For profit - Corporation
- Certification
- Medicare and Medicaid
- Legal business name
- Waterman SNF Operations LLC
- Certified since
- Oct 15, 2018
- Chain or affiliated group
- Solaris Healthcare (22 facilities, chain average 4.1 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 | 5 of 5 | State spread: 89 at 1, 143 at 2, 125 at 3, 156 at 4, 178 at 5 | |
| Health inspections | 4 of 5 | ||
| Quality measures | 5 of 5 | ||
| Staffing | 4 of 5 | ||
| Total nurse hours per resident per day | 4.07 | 3.63 | 3.68 |
| RN hours per resident per day | 0.77 | 0.62 | 0.58 |
| Weekend nurse hours per resident per day | 3.51 | ||
| Nursing staff turnover | 44.7% | 41.9% | 44.9% |
| Occupancy (residents / beds) | 97.5% | 92.2% | 85.7% |
| Fines reported by CMS | None | ||
| Health deficiencies, latest standard survey | 4 (Aug 1, 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). Solaris Healthcare Waterman meets that part today: 5 stars overall, 4 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 |
|---|---|---|---|
| Waterman SNF Operations Holdings LLCOrganization | Direct Ownership Interest | n/a | 06/05/2023 |
| Acc II SNF Operations Holdings LLCOrganization | Indirect Ownership Interest | n/a | 06/05/2023 |
| Ch Acc II Holdings LLCOrganization | Indirect Ownership Interest | n/a | 06/05/2023 |
| Seam TrustOrganization | Indirect Ownership Interest | n/a | 06/05/2023 |
| Sk Acc II Holdings LLCOrganization | Indirect Ownership Interest | n/a | 06/05/2023 |
| Leonard, TimothyIndividual | Operational / Managerial Control | n/a | 06/05/2023 |
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
No FHA-insured loan matching this facility appears in HUD's database of healthcare endorsements, which covers fiscal 2001 onward (HUD data run of July 8, 2026). A loan could still exist under a different project name or from before 2001.
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.