CCN 315119 · Monmouth County, New Jersey
Arnold Walter Nursing & Rehabilitation Center
622 S Laurel Avenue, Hazlet, NJ 07730
Arnold Walter Nursing & Rehabilitation Center is a 202-bed for-profit nursing home in Hazlet, New Jersey, first certified for Medicare or Medicaid in 1975. CMS rates it 3 out of 5 stars overall in its September 2026 data, and it averaged 172.0 residents a day, about 85% of its certified beds. It has an active FHA-insured Section 232 loan: $22.9 million originally, at 5.34%, with $22.8 million outstanding as of September 30, 2026 and maturity in January 2061.
Facility facts
- Certified beds
- 202
- Average residents per day
- 172.0 (85.1% of beds)
- Ownership type
- For profit - Limited Liability company
- Certification
- Medicare and Medicaid
- Legal business name
- Holmdel Garden Group LLC
- Certified since
- Oct 2, 1975
- Chain or affiliated group
- Excelsior Care Group (33 facilities, chain average 2.6 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 | New Jersey median | US median |
|---|---|---|---|
| Overall rating | 3 of 5 | State spread: 33 at 1, 71 at 2, 70 at 3, 90 at 4, 82 at 5 | |
| Health inspections | 2 of 5 | ||
| Quality measures | 5 of 5 | ||
| Staffing | 2 of 5 | ||
| Total nurse hours per resident per day | 3.26 | 3.60 | 3.68 |
| RN hours per resident per day | 0.50 | 0.55 | 0.58 |
| Weekend nurse hours per resident per day | 3.31 | ||
| Nursing staff turnover | 54.1% | 38.9% | 44.9% |
| Occupancy (residents / beds) | 85.1% | 87.8% | 85.7% |
| Fines reported by CMS | None | ||
| Health deficiencies, latest standard survey | 13 (Jun 25, 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). Arnold Walter Nursing & Rehabilitation Center meets that part today: 3 stars overall, 2 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 |
|---|---|---|---|
| Gitberk LLCOrganization | Direct Ownership Interest | n/a | 01/01/2026 |
| Jbl 120 LLCOrganization | Direct Ownership Interest | n/a | 01/01/2026 |
| Jm and Mazel LLCOrganization | Direct Ownership Interest | n/a | 01/01/2026 |
| Berkowitz, SamIndividual | Direct Ownership Interest | n/a | 02/01/2021 |
| Springberg, SusanIndividual | Direct Ownership Interest | n/a | 02/01/2021 |
| Zupnick, JoelIndividual | Direct Ownership Interest | n/a | 02/01/2021 |
| Excelsior Care GroupOrganization | Operational / Managerial Control | n/a | 07/21/2019 |
| Mahadeo, SarahIndividual | Operational / Managerial Control | n/a | 11/19/2024 |
| Ribiat, YitzchokIndividual | Operational / Managerial Control | n/a | 03/12/2024 |
| Steinberg, MosheIndividual | Operational / Managerial Control | n/a | 07/12/2019 |
| Stern, SamuelIndividual | Operational / Managerial Control | n/a | 02/01/2021 |
| Tasharofi, KamranIndividual | Operational / Managerial Control | n/a | 09/01/2025 |
Changes of ownership
| Effective | Buyer | Seller |
|---|---|---|
| Feb 1, 2021 | Holmdel Garden Group LLC | Roseen Realty Corp |
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 |
|---|---|---|---|---|
| Dec 18, 2025 | 223(f) refinance or purchaseHUD project name: Arnold Water Nursing & Rehabilitation Center, 197 beds. Lender at endorsement: First American Capital Group Corp | $22,941,000 | Active: 5.34%, $22,788,931 balanceMatures Jan 1, 2061. Servicer: First American Capital Group C | 03122192 |
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.