CCN 195520 · Lincoln County, Louisiana
Princeton Place-Ruston
1405 White Street, Ruston, LA 71270
Princeton Place-Ruston is a 123-bed for-profit nursing home in Ruston, Louisiana, first certified for Medicare or Medicaid in 2001. CMS rates it 4 out of 5 stars overall in its September 2026 data, and it averaged 70.5 residents a day, about 57% of its certified beds. It has an active FHA-insured Section 232 loan: $7.3 million originally, at 5.58%, with $7 million outstanding as of September 30, 2026 and maturity in February 2058.
Facility facts
- Certified beds
- 123
- Average residents per day
- 70.5 (57.3% of beds)
- Ownership type
- For profit - Partnership
- Certification
- Medicare and Medicaid
- Legal business name
- Princeton Place - Ruston, LP
- Certified since
- Jul 1, 2001
- Chain or affiliated group
- Paramount Healthcare Consultants (14 facilities, chain average 2.4 stars)
- Location
- Rural
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 | Louisiana median | US median |
|---|---|---|---|
| Overall rating | 4 of 5 | State spread: 89 at 1, 45 at 2, 51 at 3, 53 at 4, 26 at 5 | |
| Health inspections | 4 of 5 | ||
| Quality measures | 2 of 5 | ||
| Staffing | 2 of 5 | ||
| Total nurse hours per resident per day | 3.49 | 3.63 | 3.68 |
| RN hours per resident per day | 0.25 | 0.25 | 0.58 |
| Weekend nurse hours per resident per day | 2.95 | ||
| Nursing staff turnover | 50.0% | 46.9% | 44.9% |
| Occupancy (residents / beds) | 57.3% | 77.1% | 85.7% |
| Fines reported by CMS | None | ||
| Health deficiencies, latest standard survey | 6 (Sep 10, 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). Princeton Place-Ruston 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 |
|---|---|---|---|
| Princeton Place Property, LLCOrganization | Mortgage Interest | n/a | 01/01/2008 |
| Paramount Healthcare Consultants, LLCOrganization | Operational / Managerial Control | n/a | 01/01/2008 |
| Phillips, MichaelIndividual | Operational / Managerial Control | n/a | 11/01/2017 |
| Smith, AngelaIndividual | Operational / Managerial Control | n/a | 06/08/2020 |
Holders of a 5% or greater mortgage interest reported in the enrollment record: Princeton Place Property, LLC.
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 |
|---|---|---|---|---|
| Jan 25, 2023 | 223(f) refinance or purchaseHUD project name: Princeton Place - Ruston, 119 beds. Lender at endorsement: White Oak Healthcare Finance LLC | $7,280,000 | Active: 5.58%, $7,012,925 balanceMatures Feb 1, 2058. Servicer: Merchants Capital Corp. | 06422125 |
| Apr 10, 2015 | 223(f) refinance or purchaseHUD project name: PKC Portfolio - Princeton Place, 112 beds. Lender at endorsement: Lancaster Pollard Mtge Co | $5,120,000 | Ended Jan 25, 2023Prepayment | 06422077 |
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.