CCN 315193 · Cape May County, New Jersey
Fountain Springs at Cape May Nursing & Rehab Cente
502 Route 9 North, Cape May Court House, NJ 08210
Fountain Springs at Cape May Nursing & Rehab Cente is a 116-bed for-profit nursing home in Cape May Court House, New Jersey, first certified for Medicare or Medicaid in 1982. CMS rates it 5 out of 5 stars overall in its September 2026 data, and it averaged 85.0 residents a day, about 73% of its certified beds. It has an active FHA-insured Section 232 loan: $21.3 million originally, at 5.50%, with $21.1 million outstanding as of September 30, 2026 and maturity in December 2060.
Facility facts
- Certified beds
- 116
- Average residents per day
- 85.0 (73.3% of beds)
- Ownership type
- For profit - Corporation
- Certification
- Medicare and Medicaid
- Legal business name
- Cape May SNF LLC
- Certified since
- Jul 13, 1982
- Chain or affiliated group
- None listed by CMS
- 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 | 5 of 5 | State spread: 33 at 1, 71 at 2, 70 at 3, 90 at 4, 82 at 5 | |
| Health inspections | 4 of 5 | ||
| Quality measures | 5 of 5 | ||
| Staffing | 4 of 5 | ||
| Total nurse hours per resident per day | 3.55 | 3.60 | 3.68 |
| RN hours per resident per day | 0.40 | 0.55 | 0.58 |
| Weekend nurse hours per resident per day | 3.11 | ||
| Nursing staff turnover | 33.7% | 38.9% | 44.9% |
| Occupancy (residents / beds) | 73.3% | 87.8% | 85.7% |
| Fines reported by CMS | None | ||
| Health deficiencies, latest standard survey | 4 (Apr 15, 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). Fountain Springs at Cape May Nursing & Rehab Cente 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 |
|---|---|---|---|
| Cape May SNF Holdco LLCOrganization | Direct Ownership Interest | 100% | 12/01/2022 |
| Copper Nj TrustOrganization | Indirect Ownership Interest | n/a | 12/01/2022 |
| Gold Nj TrustOrganization | Indirect Ownership Interest | n/a | 12/01/2022 |
| Nj Noble Parentco 3 LLCOrganization | Indirect Ownership Interest | n/a | 12/01/2022 |
| Silver Nj TrOrganization | Indirect Ownership Interest | n/a | 12/01/2022 |
| Fogel, ShlomoIndividual | Indirect Ownership Interest | n/a | 12/01/2022 |
| Bok Financial CorpOrganization | Mortgage Interest | n/a | 12/01/2022 |
| Bok Financial CorpOrganization | Security Interest | n/a | 12/01/2022 |
Holders of a 5% or greater mortgage interest reported in the enrollment record: Bok Financial Corp.
Changes of ownership
| Effective | Buyer | Seller |
|---|---|---|
| Dec 1, 2022 | Cape May SNF LLC | Oceana Rehab & Nursing 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 |
|---|---|---|---|---|
| Nov 20, 2025 | 223(f) refinance or purchaseHUD project name: Fountain Springs at Cape May Nursing Rehab Center, 116 beds. Lender at endorsement: Newpoint Real Estate Capital LLC | $21,278,400 | Active: 5.50%, $21,124,926 balanceMatures Dec 1, 2060. Servicer: Newpoint Real Estate Capital | 03522114 |
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.