CCN 505257 · Spokane County, Washington
Alderwood Manor
3600 East Hartson Avenue, Spokane, WA 99202
Alderwood Manor is a 85-bed for-profit nursing home in Spokane, Washington, first certified for Medicare or Medicaid in 1981. CMS rates it 3 out of 5 stars overall in its September 2026 data, and it averaged 63.7 residents a day, about 75% of its certified beds. It has an active FHA-insured Section 232 loan: $5.7 million originally, at 4.70%, with $0.7 million outstanding as of September 30, 2026 and maturity in March 2028.
Facility facts
- Certified beds
- 85
- Average residents per day
- 63.7 (74.9% of beds)
- Ownership type
- For profit - Partnership
- Certification
- Medicare and Medicaid
- Legal business name
- Consolidated Resources Health Care Fund I LP
- Certified since
- Sep 1, 1981
- Chain or affiliated group
- Life Care Centers of America (194 facilities, chain average 3.4 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 | Washington median | US median |
|---|---|---|---|
| Overall rating | 3 of 5 | State spread: 22 at 1, 46 at 2, 36 at 3, 38 at 4, 50 at 5 | |
| Health inspections | 2 of 5 | ||
| Quality measures | 5 of 5 | ||
| Staffing | 4 of 5 | ||
| Total nurse hours per resident per day | 4.18 | 4.10 | 3.68 |
| RN hours per resident per day | 1.17 | 0.91 | 0.58 |
| Weekend nurse hours per resident per day | 3.28 | ||
| Nursing staff turnover | 51.4% | 43.1% | 44.9% |
| Occupancy (residents / beds) | 74.9% | 81.8% | 85.7% |
| Fines reported by CMS | None | ||
| Health deficiencies, latest standard survey | 15 (Feb 13, 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). Alderwood Manor meets that part today: 3 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 |
|---|---|---|---|
| Fund I Investments Limited PartnershipOrganization | Direct Ownership Interest | 96% | 08/23/1995 |
| Consolidated Resources Health Care Fund I LPOrganization | Operational / Managerial Control | n/a | 03/01/1990 |
| Hcf IncOrganization | Operational / Managerial Control | n/a | 08/23/1995 |
| Life Care Centers of America, Inc.Organization | Operational / Managerial Control | n/a | 02/05/1990 |
| Alexander, KenIndividual | Operational / Managerial Control | n/a | 01/09/2023 |
| Butner, NancyIndividual | Operational / Managerial Control | n/a | 09/16/2018 |
| Moran, JulieIndividual | Operational / Managerial Control | n/a | 05/01/2023 |
| Preston, AubreyIndividual | Operational / Managerial Control | n/a | 03/06/2025 |
| Snoook, TeresaIndividual | Operational / Managerial Control | n/a | 03/14/2024 |
Changes of ownership
No change of ownership for this facility appears in the CMS change-of-ownership file, which starts in January 2016.
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 29, 2011 | 223(a)(7) refinance of a 223(f) loanHUD project name: Alderwood Manor, 85 beds. Lender at endorsement: Capital Funding LLC | $5,681,300 | Active: 4.70%, $704,713 balanceMatures Mar 1, 2028. Servicer: Capital Funding LLC | 17122021 |
| Mar 15, 2002 | 223(f) refinance or purchaseHUD project name: Alderwood Manor, 85 beds. Lender at endorsement: Capital Funding Group | $6,286,600 | Ended Mar 29, 2011Prepayment | 17122008 |
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.