CCN 505499 · Pierce County, Washington
Cottesmore of Life Care
2909 14th Avenue Northwest, Gig Harbor, WA 98335
Cottesmore of Life Care is a 108-bed for-profit nursing home in Gig Harbor, Washington, first certified for Medicare or Medicaid in 1996. CMS rates it 5 out of 5 stars overall in its September 2026 data, and it averaged 102.5 residents a day, about 95% of its certified beds. It has an active FHA-insured Section 232 loan: $13.6 million originally, at 6.05%, with $13.5 million outstanding as of September 30, 2026 and maturity in December 2060.
Facility facts
- Certified beds
- 108
- Average residents per day
- 102.5 (94.9% of beds)
- Ownership type
- For profit - Limited Liability company
- Certification
- Medicare and Medicaid
- Legal business name
- Gig Harbor Operations, LLC
- Certified since
- Dec 6, 1996
- 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 | 5 of 5 | State spread: 22 at 1, 46 at 2, 36 at 3, 38 at 4, 50 at 5 | |
| Health inspections | 4 of 5 | ||
| Quality measures | 5 of 5 | ||
| Staffing | 4 of 5 | ||
| Total nurse hours per resident per day | 4.32 | 4.10 | 3.68 |
| RN hours per resident per day | 1.14 | 0.91 | 0.58 |
| Weekend nurse hours per resident per day | 3.54 | ||
| Nursing staff turnover | 44.3% | 43.1% | 44.9% |
| Occupancy (residents / beds) | 94.9% | 81.8% | 85.7% |
| Fines reported by CMS | 2 totaling $29,595 | ||
| Health deficiencies, latest standard survey | 8 (Feb 27, 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). Cottesmore of Life Care meets that part today: 5 stars overall, 4 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 |
|---|---|---|---|
| Developers Investment Company IncOrganization | Operational / Managerial Control | n/a | 02/26/1996 |
| Gig Harbor Operations, LLCOrganization | Operational / Managerial Control | n/a | 05/01/1996 |
| Life Care Centers of America, Inc.Organization | Operational / Managerial Control | n/a | 02/01/1996 |
| Butner, NancyIndividual | Operational / Managerial Control | n/a | 09/16/2018 |
| Fletcher, ToddIndividual | Operational / Managerial Control | n/a | 02/26/1996 |
| Lockwood, RyanIndividual | Operational / Managerial Control | n/a | 10/31/2023 |
| Preston, AubreyIndividual | Operational / Managerial Control | n/a | 03/06/2025 |
| Preston, ForrestIndividual | Operational / Managerial Control | n/a | 02/26/1996 |
| Sekeramayi, MaggieIndividual | Operational / Managerial Control | n/a | 08/01/2022 |
| Verlinda, CathyIndividual | Operational / Managerial Control | n/a | 01/02/2024 |
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 |
|---|---|---|---|---|
| Nov 18, 2025 | 223(f) refinance or purchaseHUD project name: Cottesmore of Life Care, 108 beds. Lender at endorsement: Capital Funding LLC | $13,585,100 | Active: 6.05%, $13,498,535 balanceMatures Dec 1, 2060. Servicer: Capital Funding LLC | 12722184 |
| Aug 22, 2002 | 223(f) refinance or purchaseHUD project name: Life Care Center Cottesmore, 104 beds. Lender at endorsement: Capital Funding Group | $7,193,400 | Ended Sep 21, 2011Prepayment | 12722010 |
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.