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Who owns Oak Trace?
Ownership resolution: Verified
Facility snapshot
| CCN | 145804 |
| Facility type | Skilled Nursing Facility |
| City | Downers Grove |
| County | Du Page |
| State | Illinois |
| Certified beds | 104 |
| Occupancy | 98% |
| CMS overall rating | 5 of 5 |
| Ownership type | Non profit - Corporation |
| Operator | LIFESPACE COMMUNITIES INC |
| Owner of record | LIFESPACE COMMUNITIES INC |
| Corporate family | LIFESPACE COMMUNITIES INC |
| CMS chain | LIFESPACE COMMUNITIES |
| Ownership confidence | Verified — Resolved with documentary evidence. |
Ownership structure
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Why this facility is linked to LIFESPACE COMMUNITIES INC
The grouping rests on the following public evidence:
- the entities control an overlapping set of facilities
- the entities file from the same address
- the same individuals hold governance roles at both entities
Corporate families are WhoOwnsCare analysis derived from CMS filings, not a CMS designation. Individuals are used as evidence and are never named.
What CMS records
CMS lists this facility under the chain LIFESPACE COMMUNITIES, reported at 16 facilities nationally. That matches the corporate family we resolve.
Ownership changes for Oak Trace
| Effective | Acquiring entity | Prior entity | Type |
|---|---|---|---|
| 2018-01-29 | LIFESPACE COMMUNITIES INC | LIFESPACE DG, LLC | CHANGE 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) | -43.3% |
| Agency cost per $1 of employee salary | 0.11× |
| Medicaid share of resident days | 0% |
| Occupancy of certified beds | 98% |
| Nurse hours per resident day | 4.30 |
| Annual nursing turnover | 39% |
| Health deficiencies on record | 16 |
| Civil monetary penalties | $13,780 |
| Distress index | 16 / 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.
Other facilities associated with LIFESPACE COMMUNITIES INC
- Cascades Health and Rehabilitation Center — Delray Beach, FL
- Abbey Delray South — Delray Beach, FL
- Friendship Village of South Hi — Upper St Clair, PA
- Beacon Hill — Lombard, IL
- The Waterford — Juno Beach, FL
- Harbours Edge — Delray Beach, FL
- Village on the Green — Longwood, FL
- Querencia at Barton Creek — Austin, TX
View all 13 facilities associated with LIFESPACE COMMUNITIES INC
Common questions
Who owns Oak Trace?
WhoOwnsCare resolves the facility's ownership filings to LIFESPACE COMMUNITIES INC (verified confidence).
Who operates Oak Trace?
LIFESPACE COMMUNITIES INC appears with operating or controlling responsibility on the CMS filing.
Is Oak Trace part of a chain?
Yes. LIFESPACE COMMUNITIES INC is associated with 13 facilities across the markets WhoOwnsCare currently covers.
Has Oak Trace changed ownership?
Yes — the most recent recorded change of ownership took effect 2018-01-29.
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.