CCN 445150 · Shelby County, Tennessee
Majestic Gardens at Memphis Rehab & Snc
131 N Tucker, Memphis, TN 38104
Majestic Gardens at Memphis Rehab & Snc is a 169-bed for-profit nursing home in Memphis, Tennessee, first certified for Medicare or Medicaid in 1982. CMS rates it 1 out of 5 stars overall in its September 2026 data, and it averaged 151.3 residents a day, about 90% of its certified beds. It has an active FHA-insured Section 232 loan: $14 million originally, at 2.30%, with $12.4 million outstanding as of September 30, 2026 and maturity in January 2056.
Facility facts
- Certified beds
- 169
- Average residents per day
- 151.3 (89.5% of beds)
- Ownership type
- For profit - Corporation
- Certification
- Medicare and Medicaid
- Legal business name
- Majestic Operations LLC
- Certified since
- Nov 1, 1982
- Chain or affiliated group
- Ephram Lahasky (22 facilities, chain average 1.7 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 | Tennessee median | US median |
|---|---|---|---|
| Overall rating | 1 of 5 | State spread: 58 at 1, 53 at 2, 65 at 3, 68 at 4, 56 at 5 | |
| Health inspections | 1 of 5 | ||
| Quality measures | 2 of 5 | ||
| Staffing | 1 of 5 | ||
| Total nurse hours per resident per day | 3.36 | 3.64 | 3.68 |
| RN hours per resident per day | 0.41 | 0.54 | 0.58 |
| Weekend nurse hours per resident per day | 3.00 | ||
| Nursing staff turnover | 68.5% | 50.0% | 44.9% |
| Occupancy (residents / beds) | 89.5% | 77.7% | 85.7% |
| Fines reported by CMS | 8 totaling $334,150 | ||
| Health deficiencies, latest standard survey | 6 (Sep 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). Majestic Gardens at Memphis Rehab & Snc does not meet it today: overall rating 1, 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 |
|---|---|---|---|
| Schachter Family 2015 TrustOrganization | Indirect Ownership Interest | 8% | 11/27/2018 |
| Ydgk LLCOrganization | Indirect Ownership Interest | 11% | 11/27/2018 |
| Halpert, NaomiIndividual | Indirect Ownership Interest | 8% | 01/01/2025 |
| Newpoint Real Estate Capital LLCOrganization | Security Interest | n/a | 01/01/2025 |
| Berkley, NatalieIndividual | Operational / Managerial Control | n/a | 03/17/2025 |
| Iwuji, KelechiIndividual | Operational / Managerial Control | n/a | 03/01/2024 |
Changes of ownership
| Effective | Buyer | Seller |
|---|---|---|
| Jun 15, 2017 | Majestic Operations LLC | Vanguard of Memphis, 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 |
|---|---|---|---|---|
| Dec 2, 2020 | 223(f) refinance or purchaseHUD project name: Majestic Gardens at Memphis Rehab & Nursing, 169 beds. Lender at endorsement: Housing & Healthcare Finc | $14,000,000 | Active: 2.30%, $12,423,510 balanceMatures Jan 1, 2056. Servicer: Newpoint Real Estate Capital | 08122042 |
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.