CCN 365185 · Mahoning County, Ohio
Park Center Healthcare and Rehabilitation
5665 South Ave, Youngstown, OH 44512
Park Center Healthcare and Rehabilitation is a 99-bed for-profit nursing home in Youngstown, Ohio, first certified for Medicare or Medicaid in 1973. CMS rates it 2 out of 5 stars overall in its September 2026 data, and it averaged 92.1 residents a day, about 93% of its certified beds. It has an active FHA-insured Section 232 loan: $10.6 million originally, at 6.00%, with $10.4 million outstanding as of September 30, 2026 and maturity in September 2059.
Facility facts
- Certified beds
- 99
- Average residents per day
- 92.1 (93.0% of beds)
- Ownership type
- For profit - Limited Liability company
- Certification
- Medicare and Medicaid
- Legal business name
- Park Center Nursing LLC
- Certified since
- Apr 1, 1973
- Chain or affiliated group
- David Oberlander (7 facilities, chain average 1.6 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 | Ohio median | US median |
|---|---|---|---|
| Overall rating | 2 of 5 | State spread: 118 at 1, 216 at 2, 180 at 3, 190 at 4, 209 at 5 | |
| Health inspections | 1 of 5 | ||
| Quality measures | 5 of 5 | ||
| Staffing | 1 of 5 | ||
| Total nurse hours per resident per day | 3.70 | 3.57 | 3.68 |
| RN hours per resident per day | 0.68 | 0.59 | 0.58 |
| Weekend nurse hours per resident per day | 3.24 | ||
| Nursing staff turnover | 58.7% | 48.5% | 44.9% |
| Occupancy (residents / beds) | 93.0% | 87.2% | 85.7% |
| Fines reported by CMS | 1 totaling $39,108 | ||
| Health deficiencies, latest standard survey | 6 (Aug 11, 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). Park Center Healthcare and Rehabilitation does not meet it today: health inspection rating 1. 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 |
|---|---|---|---|
| Park Cernter Holdings LLCOrganization | Direct Ownership Interest | n/a | 03/08/2021 |
| Oberlander, DavidIndividual | Direct Ownership Interest | n/a | 03/08/2021 |
| Park Center Opco LLCOrganization | Indirect Ownership Interest | 76% | 03/08/2021 |
| Fuego LLCOrganization | Operational / Managerial Control | n/a | 05/01/2021 |
| Oberlander, DavidIndividual | Operational / Managerial Control | n/a | 03/08/2021 |
Changes of ownership
| Effective | Buyer | Seller |
|---|---|---|
| Mar 8, 2021 | Park Center Nursing LLC | Gec Youngstown Management 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 |
|---|---|---|---|---|
| Aug 22, 2024 | 223(f) refinance or purchaseHUD project name: Park Center Health and Rehabilitation, 99 beds. Lender at endorsement: Greystone Funding Company LLC | $10,579,500 | Active: 6.00%, $10,390,649 balanceMatures Sep 1, 2059. Servicer: Greystone Servicing Company | 04222433 |
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.