CCN 365441 · Ashtabula County, Ohio

Lake Pointe Rehabilitation and Nursing Center

22 Parrish Road, Conneaut, OH 44030

Lake Pointe Rehabilitation and Nursing Center is a 74-bed for-profit nursing home in Conneaut, Ohio, first certified for Medicare or Medicaid in 1980. CMS rates it 3 out of 5 stars overall in its September 2026 data, and it averaged 56.9 residents a day, about 77% of its certified beds. We found no FHA-insured Section 232 loan for it in HUD's healthcare endorsement database (fiscal 2001 onward).

Facility facts

Certified beds
74
Average residents per day
56.9 (76.9% of beds)
Ownership type
For profit - Corporation
Certification
Medicare and Medicaid
Legal business name
LP Opco LLC
Certified since
Feb 28, 1980
Chain or affiliated group
Aom Healthcare (20 facilities, chain average 2.8 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.

MeasureThis facilityOhio medianUS median
Overall rating3 of 5State spread: 118 at 1, 216 at 2, 180 at 3, 190 at 4, 209 at 5
Health inspections3 of 5
Quality measures5 of 5
Staffing1 of 5
Total nurse hours per resident per day2.953.573.68
RN hours per resident per day0.390.590.58
Weekend nurse hours per resident per day2.71
Nursing staff turnover63.2%48.5%44.9%
Occupancy (residents / beds)76.9%87.2%85.7%
Fines reported by CMSNone
Health deficiencies, latest standard survey6 (Jan 6, 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). Lake Pointe Rehabilitation and Nursing Center meets that part today: 3 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.

NameRoleShareSince
Pointe Woods Investment LLCOrganizationDirect Ownership Interest100%04/01/2017
Goldstein, JefferyIndividualIndirect Ownership Interest33%04/01/2017
Sherman, AlexanderIndividualIndirect Ownership Interest33%04/01/2017
Sherman, SamuelIndividualIndirect Ownership Interest33%04/01/2017
Sherman, AlexanderIndividualOperational / Managerial Controln/a04/01/2017
Sherman, SamuelIndividualOperational / Managerial Controln/a04/01/2017

Changes of ownership

EffectiveBuyerSeller
Apr 1, 2017LP Opco LLCEs3 Management Inc.

HUD Section 232 loans

No FHA-insured loan matching this facility appears in HUD's database of healthcare endorsements, which covers fiscal 2001 onward (HUD data run of July 8, 2026). A loan could still exist under a different project name or from before 2001.

Watch this facility

Get one email when the monthly CMS or HUD files show a change at Lake Pointe Rehabilitation and Nursing Center: a new owner, operator or lender of record, a change of ownership, a new overall star rating, or a change to its HUD loan.

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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.