CCN 395613 · Franklin County, Pennsylvania
Laurel Lakes Rehabilitation and Wellness Center
201 Franklin Farm Lane, Chambersburg, PA 17201
Laurel Lakes Rehabilitation and Wellness Center is a 186-bed for-profit nursing home in Chambersburg, Pennsylvania, first certified for Medicare or Medicaid in 1984. CMS rates it 2 out of 5 stars overall in its September 2026 data, and it averaged 177.3 residents a day, about 95% of its certified beds. It has an active FHA-insured Section 232 loan: $21.6 million originally, at 5.45%, with $20.6 million outstanding as of September 30, 2026 and maturity in April 2053.
Facility facts
- Certified beds
- 186
- Average residents per day
- 177.3 (95.3% of beds)
- Ownership type
- For profit - Limited Liability company
- Certification
- Medicare and Medicaid
- Legal business name
- Franklin Center Opco LLC
- Certified since
- Jan 1, 1984
- 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 | Pennsylvania median | US median |
|---|---|---|---|
| Overall rating | 2 of 5 | State spread: 145 at 1, 135 at 2, 118 at 3, 97 at 4, 157 at 5 | |
| Health inspections | 2 of 5 | ||
| Quality measures | 3 of 5 | ||
| Staffing | 2 of 5 | ||
| Total nurse hours per resident per day | 3.31 | 3.63 | 3.68 |
| RN hours per resident per day | 0.44 | 0.66 | 0.58 |
| Weekend nurse hours per resident per day | 3.09 | ||
| Nursing staff turnover | 46.6% | 44.2% | 44.9% |
| Occupancy (residents / beds) | 95.3% | 88.7% | 85.7% |
| Fines reported by CMS | 1 totaling $211,205 | ||
| Health deficiencies, latest standard survey | 7 (May 20, 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). Laurel Lakes Rehabilitation and Wellness Center 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.
| Name | Role | Share | Since |
|---|---|---|---|
| Rosenzweig, StevenIndividual | Direct Ownership Interest | 98% | 08/01/2019 |
| Holtry, RandyIndividual | Operational / Managerial Control | n/a | 01/01/2025 |
| Rosenzweig, StevenIndividual | Operational / Managerial Control | n/a | 08/01/2019 |
Changes of ownership
| Effective | Buyer | Seller |
|---|---|---|
| Aug 1, 2019 | Franklin Center Opco LLC | Franklin Farm Health Care 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 |
|---|---|---|---|---|
| Mar 14, 2023 | 223(f) refinance or purchaseHUD project name: Laurel Lakes Rehabilitation and Wellness Center, 186 beds. Lender at endorsement: Newpoint Real Estate Capital LLC | $21,633,300 | Active: 5.45%, $20,558,792 balanceMatures Apr 1, 2053. Servicer: Newpoint Real Estate Capital | 03422189 |
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.