Pending Ownership Changes
When a state regulator publishes that a facility's owner, controller or operator is about to change, the record is here with every step the state runs, its date and a link to the document. These are official filings, not forecasts.
Mountain Manor of Paintsville
The regulator's own record shows this step. Nothing about it is predicted.
Kentucky Cabinet for Health and Family Services, Certificate of Need. Kentucky, historically: first public record to effective 108 days (n 189). This record has been pending 165 days.
- Notice of intent to acquire received
- Received 04/06/2026 | Mountain Manor of Paintsville | 1025 Euclid Avenue, Paintsville | Purchaser Altstein, LLC 1025 Euclid Avenue, Paintsville, KY | lease | Lease beginning July 1, 2026
- Planned close stated by the filerA stated intention, not a closing.Jul 1, 2026 · stated in the official notice · prd.webapps.chfs.ky.gov
- Change of ownership effectiveKentucky has no approval step; the effective date comes from the CMS change of ownership record.Not recorded yet.
From CMS Medicare enrollment and ownership disclosures for CCN 185414, joined on CMS's own identifiers. This is the current record, before any pending change takes effect.
- PAINTSVILLE INVESTORS, LLC
- Franklin D Fitzpatrick · 100% · 5% or greater indirect ownership interest
- HD FITZPATRICK JR IRREVOCABLE TRUST · 100% · 5% or greater direct ownership interest
- SUMMIT MANAGEMENT GROUP, LLC · operational/managerial control
Source: CMS Skilled Nursing Facility Enrollments and All Owners data.cms.gov
Each label is a rule over the record's own fields. The facts that made it true are listed.
- Application agedopen longer than the state median first public record to effective
- first public record: 2026-04-06
- days pending: 161
- KY median first public record to effective: 108 days (n 189)
- HUD / FHA insured loana HUD FHA insured healthcare loan is recorded on this property (DERIVED join: same ZIP and city, the property name and the CMS provider name agree, one certified facility qualifies)
- FHA 08343118 MT MANOR OF PAINTSVILLE (PAINTSVILLE 41240): holder X-CALIBER CAPITAL LLC, servicer X-CALIBER CAPITAL LLC, balance $7,811,806, endorsed 2013-11-21, matures 2053-12-01
- New operator entitythe proposed operator's exact legal name is not a CMS-enrolled SNF organization in any state
- proposed operator: Altstein, LLC
- CMS SNF enrollments file 2026-07-31: no organization with this legal name
- Operator change pendingthe record names a proposed operator different from the current operator
- proposed operator: Altstein, LLC
- current operator: PAINTSVILLE INVESTORS, LLC
- Planned close passedthe filer's stated planned close date has passed with no effective change on record
- planned close: 2026-07-01
- days past: 75