CCN 245621 · Hennepin County, Minnesota
Folkestone
100 Promenade Avenue, Wayzata, MN 55391
Folkestone is a 30-bed nonprofit nursing home in Wayzata, Minnesota, first certified for Medicare or Medicaid in 2014. CMS rates it 5 out of 5 stars overall in its September 2026 data, and it averaged 27.5 residents a day, about 92% 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
- 30
- Average residents per day
- 27.5 (91.7% of beds)
- Ownership type
- Non profit - Corporation
- Certification
- Medicare
- Legal business name
- Wayzata Bay Senior Housing Inc
- Certified since
- Jun 6, 2014
- Chain or affiliated group
- Presbyterian Homes & Services (21 facilities, chain average 4.3 stars)
- Location
- Urban, part of a continuing care retirement community
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 | Minnesota median | US median |
|---|---|---|---|
| Overall rating | 5 of 5 | State spread: 64 at 1, 61 at 2, 58 at 3, 64 at 4, 89 at 5 | |
| Health inspections | 4 of 5 | ||
| Quality measures | 4 of 5 | ||
| Staffing | 5 of 5 | ||
| Total nurse hours per resident per day | 4.67 | 4.16 | 3.68 |
| RN hours per resident per day | 1.20 | 0.97 | 0.58 |
| Weekend nurse hours per resident per day | 4.27 | ||
| Nursing staff turnover | 35.1% | 40.0% | 44.9% |
| Occupancy (residents / beds) | 91.7% | 87.4% | 85.7% |
| Fines reported by CMS | None | ||
| Health deficiencies, latest standard survey | 2 (Nov 20, 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). Folkestone 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 |
|---|---|---|---|
| Presbyterian Homes and ServicesOrganization | Direct Ownership Interest | n/a | 05/03/2012 |
| Presbyterian Homes Housing and Assisted Living, Inc.Organization | Direct Ownership Interest | n/a | 05/03/2012 |
| Computershare Corporate Trust Company, NAOrganization | Mortgage Interest | n/a | 11/01/2021 |
| Computershare Corporate Trust Company, NAOrganization | Security Interest | n/a | 11/01/2021 |
| Phs Management, LLCOrganization | Operational / Managerial Control | n/a | 05/30/2012 |
| Brehmer, JacobIndividual | Operational / Managerial Control | n/a | 01/23/2023 |
| Fletcher, JonathanIndividual | Operational / Managerial Control | n/a | 02/01/2005 |
| Meyer, MarkIndividual | Operational / Managerial Control | n/a | 03/11/2011 |
| Mielke, JohnIndividual | Operational / Managerial Control | n/a | 08/29/2019 |
| Peterson, HeidiIndividual | Operational / Managerial Control | n/a | 01/01/2023 |
Holders of a 5% or greater mortgage interest reported in the enrollment record: Computershare Corporate Trust Company, NA.
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.