Home / Owners / Silver Equities
Nursing homes owned by Silver Equities
The CMS ownership file lists Silver Equities with an ownership interest in 5 certified nursing homes with 755 beds in Rhode Island (5).
CMS ownership and Care Compare data as of September 1, 2026
The same homes are also listed under Bunneli, LLC, a related company in the same ownership file.
What the ownership file says
CMS lists Silver Equities as a indirect owner of 5 homes. Its earliest ownership association date on file is January 30, 2026, the latest January 30, 2026.
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 these homes into the chain Adviniacare (5).
The homes' record in brief
5 of the 5 homes have a CMS overall rating, averaging 1.4 stars against a national average of 3. 5 are for profit, 0 nonprofit; 5 are certified for Medicaid.
Across the inspections on file the homes carry 233 health citations; 39 citations were rated actual harm or immediate jeopardy, 20 immediate jeopardy. At their latest standard inspections they averaged 7.8 health deficiencies (national 9.2).
5 homes were fined in the last three years, $641,549 across 20 fines. Average nursing staff turnover was 30.9% (national 45.8%).
Staffing at these homes, January to March 2026
| Hours per resident per day | These homes | United States |
|---|---|---|
| All nursing staff | 3.41 | 3.75 |
| Registered nurses | 0.57 | 0.62 |
| Weekdays | 3.53 | 3.92 |
| Weekends | 3.12 | 3.33 |
| Share of nursing hours by contract staff | 0.0% | 5.3% |
Daily payroll records of 5 homes, summed. Weekends ran 12% 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 |
|---|---|---|---|---|---|---|---|
| Adviniacare Orchard, LLC | East Providence | RI | Indirect owner, since January 2026 | 1 | 58 | $103,744 | |
| Adviniacare Waterview Villas, LLC | East Providence | RI | Indirect owner, since January 2026 | 2 | 26 | $71,553 | |
| Adviniacare Newport, LLC | Newport | RI | Indirect owner, since January 2026 | 2 | 41 | $16,801 | |
| Adviniacare Summit Commons, LLC | Providence | RI | Indirect owner, since January 2026 | 1 | 56 | $347,385 | |
| Adviniacare Oakland Grove LLC | Woonsocket | RI | Indirect owner, since January 2026 | 1 | 52 | $102,066 |
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.