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Who Owns Terraces at the Clare in Chicago, Illinois?

Terraces at the Clare is a Medicare-certified skilled nursing facility in Chicago, Illinois. WhoOwnsCare associates the facility with THE CLARE PARTNERS LLC. The resolution is based on federal CMS ownership and enrollment records.

Ownership resolution: Structurally distinct

Facility Snapshot

CCN146141
Facility typeSkilled Nursing Facility
CityChicago
CountyCook
StateIllinois
Certified beds50
CMS overall rating5 of 5
Ownership typeFor profit - Individual
Corporate familyTHE CLARE PARTNERS LLC

Ownership Changes for Terraces at the Clare

1 recorded change of ownership is on file for this facility; the most recent took effect 2019-12-20. The acquiring and prior entities, transaction types and complete history are part of the paid intelligence below.

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Financial intelligence
MetricResult
Operating margin (latest HCRIS period)••••%
Occupancy of certified beds••••%
Medicaid share of resident days••••%
Agency cost per

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of employee salary
••••%
Financial trend (three periods)
Staffing intelligence
MetricResult
Nurse hours per resident day
RN hours per resident day
Annual nursing turnover
Health deficiencies on record
Distress analysis
ComponentScore
Distress 2.0 score (0–100) and six component values
Component contributions and source values behind the public band
Why this facility surfaced (evidence-based drivers)
Ownership & transaction context
FieldValue
Operating entity and owner of record
Ownership percentages and association dates
Change-of-ownership parties and dates

Available in the State Distress & Acquisition Radar and the State Ownership Dataset. Values are withheld in the free page, not absent from the data.

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Common Questions

Who Owns Terraces at the Clare?

WhoOwnsCare resolves Terraces at the Clare's ownership filings to THE CLARE PARTNERS LLC (single confidence).

Has Terraces at the Clare Changed Ownership?

Yes — the most recent recorded change of ownership took effect 2019-12-20.

Ownership Relationships for Terraces at the Clare

Operating family (who controls this facility)The Clare Partners Llc
Operating entityresolved (confidence moderate); the enrolled operating entity is named in the full report
Family resolution status (v1.0)confirmed
CMS affiliation entityLIFE CARE SERVICES (CMS evidence; separate from the operating family)
Legal corporate parentnone on file from integrated SEC/IRS evidence
Management companyno management-company candidate identified in CMS control roles
Property ownernot derivable from the public sources currently integrated
Lender / security interestsnone recorded

Each row is a different relationship. Operating control, CMS affiliation, legal parentage, management, property ownership and financing are recorded separately and never merged.

Ownership History and Financial Reporting

Recorded changes of ownership1 (latest 2019-12-20)
Latest cost-report period2025-01-01 to 2025-12-31 (365-day period)
Latest reported net resultnegative
Reporting periods on file3
Periods straddling an ownership change1 (never attributed to either party)

Exact reporting periods are preserved and never annualised. Operating expense, net income, utilisation and the full ownership-change history with buyer and seller are in the complete report.

Distress Summary

Distress 2.0 band: Watch Drivers: negative financial performance in the latest attributed reporting period; ownership-transition activity (short reporting periods, straddled changes of ownership); elevated health-deficiency count.

Bands summarise six documented components; the score and component values are in the paid report.

Related Research

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.