CCN 185048 · Warren County, Kentucky
Colonial Nursing and Rehabilitation Center
2365 Nashville Road, Bowling Green, KY 42101
Colonial Nursing and Rehabilitation Center is a 48-bed for-profit nursing home in Bowling Green, Kentucky, first certified for Medicare or Medicaid in 1967. CMS rates it 4 out of 5 stars overall in its September 2026 data, and it averaged 46.2 residents a day, about 96% of its certified beds. It has an active FHA-insured Section 232 loan: $5.3 million originally, at 3.98%, with $4.5 million outstanding as of September 30, 2026 and maturity in May 2049.
Facility facts
- Certified beds
- 48
- Average residents per day
- 46.2 (96.2% of beds)
- Ownership type
- For profit - Corporation
- Certification
- Medicare and Medicaid
- Legal business name
- Colonial Health Center LLC
- Certified since
- Mar 1, 1967
- Chain or affiliated group
- Encore Health Partners (12 facilities, chain average 3.6 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 | Kentucky median | US median |
|---|---|---|---|
| Overall rating | 4 of 5 | State spread: 59 at 1, 45 at 2, 55 at 3, 55 at 4, 52 at 5 | |
| Health inspections | 4 of 5 | ||
| Quality measures | 4 of 5 | ||
| Staffing | 3 of 5 | ||
| Total nurse hours per resident per day | 3.81 | 3.75 | 3.68 |
| RN hours per resident per day | 0.81 | 0.67 | 0.58 |
| Weekend nurse hours per resident per day | 3.24 | ||
| Nursing staff turnover | 43.1% | 45.0% | 44.9% |
| Occupancy (residents / beds) | 96.2% | 90.3% | 85.7% |
| Fines reported by CMS | 1 totaling $56,814 | ||
| Health deficiencies, latest standard survey | 2 (Apr 24, 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). Colonial Nursing and Rehabilitation Center meets that part today: 4 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 |
|---|---|---|---|
| Encore Investors LLCOrganization | Direct Ownership Interest | 100% | 02/01/2024 |
| Fischel, MayerIndividual | Indirect Ownership Interest | 58% | 02/01/2024 |
| Grinspan, EliIndividual | Indirect Ownership Interest | 15% | 02/01/2024 |
| Grinspan, IsaacIndividual | Indirect Ownership Interest | 8% | 02/01/2024 |
| Rubenstein, DavidIndividual | Indirect Ownership Interest | 13% | 02/01/2024 |
| 2365 Nashville Road Realty LLCOrganization | Mortgage Interest | n/a | 02/01/2024 |
| Keybank National AssociationOrganization | Mortgage Interest | n/a | 02/01/2024 |
| Encore Health Partners 2 LLCOrganization | Operational / Managerial Control | n/a | 02/01/2024 |
| Fischel, MayerIndividual | Operational / Managerial Control | n/a | 02/01/2024 |
| Grinspan, EliIndividual | Operational / Managerial Control | n/a | 02/01/2024 |
| Henderson, StephanieIndividual | Operational / Managerial Control | n/a | 12/01/2022 |
Holders of a 5% or greater mortgage interest reported in the enrollment record: 2365 Nashville Road Realty LLC, Keybank National Association.
Changes of ownership
| Effective | Buyer | Seller |
|---|---|---|
| Feb 1, 2024 | Colonial Health Center LLC | Hbr Bowling Green, 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.
| Endorsed | Program | Original amount | Status | FHA number |
|---|---|---|---|---|
| Apr 12, 2019 | 223(f) refinance or purchaseHUD project name: GMF-Colonial Center, 48 beds. Lender at endorsement: Keybank National Association | $5,280,000 | Active: 3.98%, $4,501,312 balanceMatures May 1, 2049. Servicer: Keybank National Association | 08322073 |
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.