CCN 345045 · Watauga County, North Carolina

The Foley Center at Chestnut Ridge

621 Chestnut Ridge Parkway, Blowing Rock, NC 28605

The Foley Center at Chestnut Ridge is a 92-bed for-profit nursing home in Blowing Rock, North Carolina, first certified for Medicare or Medicaid in 1968. CMS rates it 2 out of 5 stars overall in its September 2026 data, and it averaged 80.6 residents a day, about 88% of its certified beds. It has an active FHA-insured Section 232 loan: $10.5 million originally, at 3.59%, with $10 million outstanding as of September 30, 2026 and maturity in September 2062.

Facility facts

Certified beds
92
Average residents per day
80.6 (87.6% of beds)
Ownership type
For profit - Limited Liability company
Certification
Medicare and Medicaid
Legal business name
Liberty Healthcare Group LLC
Certified since
Jan 15, 1968
Chain or affiliated group
Liberty Senior Living (37 facilities, chain average 2.8 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.

MeasureThis facilityNorth Carolina medianUS median
Overall rating2 of 5State spread: 91 at 1, 83 at 2, 85 at 3, 75 at 4, 81 at 5
Health inspections2 of 5
Quality measures4 of 5
Staffing3 of 5
Total nurse hours per resident per day3.453.533.68
RN hours per resident per day0.660.510.58
Weekend nurse hours per resident per day3.26
Nursing staff turnover64.5%48.6%44.9%
Occupancy (residents / beds)87.6%87.4%85.7%
Fines reported by CMS1 totaling $17,114
Health deficiencies, latest standard survey3 (Jul 31, 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). The Foley Center at Chestnut Ridge meets that part today: 2 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.

NameRoleShareSince
Liberty Healthcare Group LLCOrganizationDirect Ownership Interest100%10/01/2019
Long Term Care Management Services LLCOrganizationOperational / Managerial Controln/a10/01/2019
Calcutt, JosephIndividualOperational / Managerial Controln/a10/01/2019

Changes of ownership

EffectiveBuyerSeller
Oct 1, 2019Liberty Healthcare Group LLCBlowing Rock Hospital, Inc

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.

EndorsedProgramOriginal amountStatusFHA number
Aug 16, 2022223(a)(7) refinance of a construction loanHUD project name: The Foley Center at Chestnut Ridge, 112 beds. Lender at endorsement: Berkadia Commercial Mortgage LLC$10,462,100Active: 3.59%, $9,957,227 balanceMatures Sep 1, 2062. Servicer: Berkadia Commercial Mortgage05343272

Watch this facility

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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.