CCN 505290 · Kitsap County, Washington
Belmont Terrace
560 Lebo Boulevard, Bremerton, WA 98310
Belmont Terrace is a 102-bed for-profit nursing home in Bremerton, Washington, first certified for Medicare or Medicaid in 1984. CMS rates it 3 out of 5 stars overall in its September 2026 data, and it averaged 69.2 residents a day, about 68% of its certified beds. HUD's healthcare database shows 2 FHA-insured Section 232 loans for a project matching this facility, most recently $4.1 million in March 2014 (223(a)(7) refinance of a 223(f) loan), and none of them appears in HUD's active-loan file.
Facility facts
- Certified beds
- 102
- Average residents per day
- 69.2 (67.8% of beds)
- Ownership type
- For profit - Corporation
- Certification
- Medicare and Medicaid
- Legal business name
- Olympic Marmot Healthcare LLC
- Certified since
- Dec 19, 1984
- Chain or affiliated group
- The Ensign Group (344 facilities, chain average 3.2 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 | 3.72 | 4.10 | 3.68 |
| RN hours per resident per day | 0.88 | 0.91 | 0.58 |
| Weekend nurse hours per resident per day | 3.21 | ||
| Nursing staff turnover | 42.5% | 43.1% | 44.9% |
| Occupancy (residents / beds) | 67.8% | 81.8% | 85.7% |
| Fines reported by CMS | None | ||
| Health deficiencies, latest standard survey | 17 (Mar 2, 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). Belmont Terrace 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 |
|---|---|---|---|
| The Ensign Group, Inc.Organization | Indirect Ownership Interest | 100% | 11/21/2022 |
| Actriv Healthcare LLCOrganization | Operational / Managerial Control | n/a | 08/01/2023 |
| Canary, AdamIndividual | Operational / Managerial Control | n/a | 08/01/2023 |
Changes of ownership
| Effective | Buyer | Seller |
|---|---|---|
| Aug 1, 2023 | Olympic Marmot Healthcare LLC | Belmont Terrace, Inc. |
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 28, 2014 | 223(a)(7) refinance of a 223(f) loanHUD project name: Belmont Terrace, 102 beds. Lender at endorsement: Lancaster Pollard Mtge Co | $4,134,600 | Ended Aug 1, 2023Prepayment | 12722120 |
| Nov 18, 2004 | 223(f) refinance or purchaseHUD project name: Belmont Terrace, 118 beds. Lender at endorsement: 0 | $4,495,400 | Ended Mar 31, 2014Prepayment | 12722032 |
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.