CCN 315120 · Morris County, New Jersey
Chatham Hills Subacute Care Center
415 Southern Blvd, Chatham, NJ 07928
Chatham Hills Subacute Care Center is a 108-bed for-profit nursing home in Chatham, New Jersey, first certified for Medicare or Medicaid in 1970. CMS rates it 4 out of 5 stars overall in its September 2026 data, and it averaged 93.3 residents a day, about 86% of its certified beds. It has an active FHA-insured Section 232 loan: $12.1 million originally, at 3.26%, with $10.6 million outstanding as of September 30, 2026 and maturity in September 2054.
Facility facts
- Certified beds
- 108
- Average residents per day
- 93.3 (86.4% of beds)
- Ownership type
- For profit - Limited Liability company
- Certification
- Medicare and Medicaid
- Legal business name
- Chatham Hills Subacute Care Center LLC
- Certified since
- Sep 25, 1970
- Chain or affiliated group
- Carerite Centers (34 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 | New Jersey median | US median |
|---|---|---|---|
| Overall rating | 4 of 5 | State spread: 33 at 1, 71 at 2, 70 at 3, 90 at 4, 82 at 5 | |
| Health inspections | 3 of 5 | ||
| Quality measures | 5 of 5 | ||
| Staffing | 3 of 5 | ||
| Total nurse hours per resident per day | 3.43 | 3.60 | 3.68 |
| RN hours per resident per day | 0.78 | 0.55 | 0.58 |
| Weekend nurse hours per resident per day | 3.25 | ||
| Nursing staff turnover | 40.7% | 38.9% | 44.9% |
| Occupancy (residents / beds) | 86.4% | 87.8% | 85.7% |
| Fines reported by CMS | None | ||
| Health deficiencies, latest standard survey | 9 (Nov 18, 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). Chatham Hills Subacute Care Center meets that part today: 4 stars overall, 3 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 |
|---|---|---|---|
| Chatham Ventures LLCOrganization | Direct Ownership Interest | 100% | 02/01/2015 |
| Einhorn, NealIndividual | Indirect Ownership Interest | 48% | 12/31/2014 |
| Friedman, MarkIndividual | Indirect Ownership Interest | 48% | 12/31/2014 |
| Boshulte, JanelleIndividual | Operational / Managerial Control | n/a | 10/03/2022 |
| Prager, JasonIndividual | Operational / Managerial Control | n/a | 02/13/2015 |
| Preimesberger, JamesIndividual | Operational / Managerial Control | n/a | 08/26/2024 |
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 |
|---|---|---|---|---|
| Aug 28, 2019 | 223(f) refinance or purchaseHUD project name: Chatham Hills Subacute Care Center, 108 beds. Lender at endorsement: M and T Realty Capital Corporation | $12,080,000 | Active: 3.26%, $10,625,051 balanceMatures Sep 1, 2054. Servicer: M and T Realty Capital Corpora | 03122124 |
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.