CCN 145977 · Cook County, Illinois

South Shore Rehabilitation

2425 East 71st Street, Chicago, IL 60649

South Shore Rehabilitation is a 248-bed for-profit nursing home in Chicago, Illinois, first certified for Medicare or Medicaid in 1998. CMS rates it 1 out of 5 stars overall in its September 2026 data, and it averaged 192.7 residents a day, about 78% of its certified beds. HUD's healthcare database shows an FHA-insured Section 232 loan for a project matching this facility, most recently $8.6 million in June 2012 (223(a)(7) refinance of a construction loan), and none of them appears in HUD's active-loan file.

Facility facts

Certified beds
248
Average residents per day
192.7 (77.7% of beds)
Ownership type
For profit - Limited Liability company
Certification
Medicare and Medicaid
Legal business name
71st and Exchange Opco LLC
Certified since
Nov 12, 1998
Chain or affiliated group
Extended Care Clinical (9 facilities, chain average 2.2 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.

MeasureThis facilityIllinois medianUS median
Overall rating1 of 5State spread: 245 at 1, 112 at 2, 103 at 3, 108 at 4, 93 at 5
Health inspections2 of 5
Quality measures4 of 5
Staffing1 of 5
Total nurse hours per resident per day3.053.293.68
RN hours per resident per day0.370.610.58
Weekend nurse hours per resident per day2.68
Nursing staff turnover44.2%43.4%44.9%
Occupancy (residents / beds)77.7%76.8%85.7%
Fines reported by CMS5 totaling $480,663
Health deficiencies, latest standard survey12 (Aug 7, 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). South Shore Rehabilitation does not meet it today: overall rating 1. 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.

NameRoleShareSince
Nathan and Shirley Rothner Family TrustOrganizationDirect Ownership Interest100%10/06/2023
Gleason, LaurenIndividualOperational / Managerial Controln/a10/01/2021
Oladele, JanetIndividualOperational / Managerial Controln/a04/15/2024

Changes of ownership

EffectiveBuyerSeller
Oct 6, 202371st and Exchange Opco LLCSymphony South Shore LLC

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.

EndorsedProgramOriginal amountStatusFHA number
Jun 29, 2012223(a)(7) refinance of a construction loanHUD project name: The Renaissance at South Shore, 248 beds. Lender at endorsement: Walker and Dunlop LLC$8,619,700Ended Oct 30, 2015Prepayment07143238

Watch this facility

Get one email when the monthly CMS or HUD files show a change at South Shore Rehabilitation: a new owner, operator or lender of record, a change of ownership, a new overall star rating, or a change to its HUD loan.

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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.