CCN 146153 · Will County, Illinois
Alden Estates of Shorewood
710 W Black Road, Shorewood, IL 60404
Alden Estates of Shorewood is a 100-bed for-profit nursing home in Shorewood, Illinois, first certified for Medicare or Medicaid in 2012. CMS rates it 5 out of 5 stars overall in its September 2026 data, and it averaged 79.9 residents a day, about 80% of its certified beds. It has an active FHA-insured Section 232 loan: $8.2 million originally, at 2.60%, with $8.1 million outstanding as of September 30, 2026 and maturity in January 2052.
Facility facts
- Certified beds
- 100
- Average residents per day
- 79.9 (79.9% of beds)
- Ownership type
- For profit - Corporation
- Certification
- Medicare and Medicaid
- Legal business name
- Alden Estates of Shorewood, Inc
- Certified since
- May 2, 2012
- Chain or affiliated group
- The Alden Network (27 facilities, chain average 2.8 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 | Illinois median | US median |
|---|---|---|---|
| Overall rating | 5 of 5 | State spread: 245 at 1, 112 at 2, 103 at 3, 108 at 4, 93 at 5 | |
| Health inspections | 5 of 5 | ||
| Quality measures | 3 of 5 | ||
| Staffing | 4 of 5 | ||
| Total nurse hours per resident per day | 4.89 | 3.29 | 3.68 |
| RN hours per resident per day | 1.65 | 0.61 | 0.58 |
| Weekend nurse hours per resident per day | 4.24 | ||
| Nursing staff turnover | 38.3% | 43.4% | 44.9% |
| Occupancy (residents / beds) | 79.9% | 76.8% | 85.7% |
| Fines reported by CMS | None | ||
| Health deficiencies, latest standard survey | 6 (Jan 22, 2026) | ||
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). Alden Estates of Shorewood 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 |
|---|---|---|---|
| The Floyd A. Schlossberg Living TrustOrganization | Direct Ownership Interest | 100% | 07/01/2013 |
| The Alden Group, Ltd.Organization | Indirect Ownership Interest | n/a | 07/01/2008 |
| Elisco, ArinIndividual | Indirect Ownership Interest | n/a | 07/01/2013 |
| Elisco, AudraIndividual | Indirect Ownership Interest | n/a | 07/01/2013 |
| Elisco, CharlesIndividual | Indirect Ownership Interest | n/a | 07/01/2013 |
| Magnusson, GarrettIndividual | Indirect Ownership Interest | n/a | 07/01/2013 |
| Magnusson, LaurenIndividual | Indirect Ownership Interest | n/a | 07/01/2013 |
| Magnusson, PaigeIndividual | Indirect Ownership Interest | n/a | 07/01/2013 |
| Schlossberg, FloydIndividual | Indirect Ownership Interest | n/a | 07/01/2013 |
| Schullo, JosephIndividual | Indirect Ownership Interest | n/a | 07/01/2013 |
| Schullo, NicoleIndividual | Indirect Ownership Interest | n/a | 07/01/2013 |
| Schullo, RandiIndividual | Indirect Ownership Interest | n/a | 07/01/2013 |
| Alden Management Services, Inc.Organization | Operational / Managerial Control | n/a | 03/05/2012 |
| Davis, EstherIndividual | Operational / Managerial Control | n/a | 03/05/2012 |
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 |
|---|---|---|---|---|
| Jul 1, 2015 | 241(a) supplemental loanHUD project name: Alden Estates of Shorewood, 142 beds. Lender at endorsement: Cambridge Realty Capital Il | $8,190,000 | Active: 2.60%, $8,109,268 balanceMatures Jan 1, 2052. Servicer: Cambridge Realty Capital Il | 07110022 |
| Aug 29, 2013 | 223(a)(7) refinance of a construction loanHUD project name: Alden Estates of Shorewood, 100 beds. Lender at endorsement: Cambridge Realty Capital Il | $14,366,500 | Active: 2.83%, $11,681,033 balanceMatures Jan 1, 2052. Servicer: Cambridge Realty Capital Il | 07143270 |
| Aug 31, 2010 | 232 new construction or substantial rehabHUD project name: Alden Estates of Shorewood, 100 beds. Lender at endorsement: Cambridge Realty Capital Il | $13,635,000 | Ended Aug 29, 2013Prepayment | 07143218 |
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.