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Who owns The Waterford Care Center?

The Waterford Care Center is a Medicare-certified skilled nursing facility in Chicago, Illinois. WhoOwnsCare associates the facility with ARI SHABAT INVESTMENT TRUST U/A/D OCTOBER 18, 2016.

Ownership resolution: Structurally distinct

Facility snapshot

CCN145659
Facility typeSkilled Nursing Facility
CityChicago
CountyCook
StateIllinois
Certified beds141
Occupancy95%
CMS overall rating3 of 5
Ownership typeFor profit - Corporation
OperatorARI SHABAT INVESTMENT TRUST U/A/D OCTOBER 18, 2016
Owner of recordARI SHABAT INVESTMENT TRUST U/A/D OCTOBER 18, 2016
Corporate familyARI SHABAT INVESTMENT TRUST U/A/D OCTOBER 18, 2016
CMS chainCITADEL HEALTHCARE
Ownership confidenceStructurally distinct — Control and property ownership, or CMS's chain and our resolved family, describe different relationships.

Ownership structure

Corporate family
ARI SHABAT INVESTMENT TRUST U/A/D OCTOBER 18, 2016
  ↓
Operating entity
ARI SHABAT INVESTMENT TRUST U/A/D OCTOBER 18, 2016
  ↓
Facility
The Waterford Care Center

What CMS records

CMS lists this facility under the chain CITADEL HEALTHCARE, reported at 14 facilities nationally. WhoOwnsCare groups entities by resolved ownership evidence, which can produce a different boundary — CMS is a comparison source here, not an authority we defer to.

Ownership changes for The Waterford Care Center

EffectiveAcquiring entityPrior entityType
2016-11-01THE WATERFORD LLCWATERFORD NURSING & REHABILITATION CENTER INCCHANGE OF OWNERSHIP

Recorded Medicare changes of ownership (CHOW). CMS's CHOW file lags, so recent quarters are incomplete.

Financial and operating signals

Operating margin (FY2023)-5.5%
Agency cost per $1 of employee salary0.10×
Medicaid share of resident days16%
Occupancy of certified beds95%
Nurse hours per resident day2.96
Annual nursing turnover25%
Health deficiencies on record40
Distress index24 / 100 (stable)

Cost report figures are final through FY2023 — roughly a two-year lag. Payroll, occupancy and inspection data are current to 2026. A distress score is a screening signal, not a statement about quality of care.

Common questions

Who owns The Waterford Care Center?

WhoOwnsCare resolves the facility's ownership filings to ARI SHABAT INVESTMENT TRUST U/A/D OCTOBER 18, 2016 (single confidence).

Who operates The Waterford Care Center?

ARI SHABAT INVESTMENT TRUST U/A/D OCTOBER 18, 2016 appears with operating or controlling responsibility on the CMS filing.

Has The Waterford Care Center changed ownership?

Yes — the most recent recorded change of ownership took effect 2016-11-01.

Sources

CMS Medicare enrollment and ownership files, Care Compare provider information, Payroll Based Journal, Medicare cost reports (HCRIS), change of ownership records. Data vintage July–August 2026. Full methodology.