Home / Owners / Island City Equity Partners LLC
Nursing homes owned by Island City Equity Partners LLC
The CMS ownership file lists Island City Equity Partners LLC with an ownership interest in 4 certified nursing homes with 338 beds in Florida (2), Indiana (2).
CMS ownership and Care Compare data as of September 1, 2026
What the ownership file says
CMS lists Island City Equity Partners LLC as a direct owner of 1 home, indirect owner of 3 homes. Its earliest ownership association date on file is April 15, 2014, the latest January 1, 2023.
An indirect owner holds its stake through another company. Owners are listed by the homes themselves when they enroll in Medicare and Medicaid; the file names owners with a 5% or greater stake and the companies with control over operations.
CMS also groups homes on this list into the chains Serenity Estates (2) and Aperion Care (2).
The homes' record in brief
4 of the 4 homes have a CMS overall rating, averaging 2.0 stars against a national average of 3. 4 are for profit, 0 nonprofit; 4 are certified for Medicaid.
Across the inspections on file the homes carry 114 health citations; 5 citations were rated actual harm or immediate jeopardy, 2 immediate jeopardy. At their latest standard inspections they averaged 5.5 health deficiencies (national 9.2).
1 home was fined in the last three years, $8,512 across 1 fine. Average nursing staff turnover was 61.5% (national 45.8%).
Staffing at these homes, January to March 2026
| Hours per resident per day | These homes | United States |
|---|---|---|
| All nursing staff | 3.29 | 3.75 |
| Registered nurses | 0.44 | 0.62 |
| Weekdays | 3.45 | 3.92 |
| Weekends | 2.89 | 3.33 |
| Share of nursing hours by contract staff | 2.0% | 5.3% |
Daily payroll records of 4 homes, summed. Weekends ran 16% below weekdays. Source: CMS Payroll Based Journal Daily Nurse Staffing.
Every home it owns
| Home | City | State | Role in the CMS file | Share | Overall | Citations | Fines |
|---|---|---|---|---|---|---|---|
| Terrace at Bishop's Glen, the | Holly Hill | FL | Indirect owner, since January 2023 | 3 | 12 | $8,512 | |
| The Terrace at Courtenay Springs | Merritt Island | FL | Direct owner, since January 2023 | 3 | 25 | ||
| Aperion Care Demotte | Demotte | IN | Indirect owner, since May 2014 | 1 | 44 | ||
| Aperion Care Kokomo | Kokomo | IN | Indirect owner, since April 2014 | 1 | 33 |
Source: CMS Ownership, data as of September 1, 2026, as the homes reported it. Name spelling follows the file; spellings that differ only in punctuation are combined. Being listed as an owner is a fact of record, not a finding about care. Something wrong? Ask for a correction.
Staff pay reports
Staff pay at homes Island City Equity Partners LLC owns
No staff pay figure at homes Island City Equity Partners LLC owns has passed review yet. A figure appears only after at least 5 reports from at least 3 different people, sent over at least 60 days, have passed review, and, for a group, from at least 2 homes.
Official wage estimates, United States
| Job | Median | Middle half | Employed |
|---|---|---|---|
| Nursing care facilities | |||
| CNAs (nursing assistants) | $20.67 | $17.91 to $22.55 | 534,270 |
| LPNs and LVNs | $33.86 | $30.05 to $37.40 | 188,210 |
| Registered nurses | $41.11 | $37.85 to $47.68 | 142,270 |
| All employers | |||
| CNAs (nursing assistants) | $20.32 | $17.91 to $22.70 | 1,448,910 |
| LPNs and LVNs | $30.96 | $28.37 to $36.55 | 648,410 |
| Registered nurses | $46.90 | $38.62 to $54.02 | 3,379,720 |
Hourly wages; the middle half runs from the 25th to the 75th percentile. Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025. BLS has no separate estimate for medication aides.
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