Water CastleDEMONSTRATION — SYNTHETIC DATA ONLY
Viewing as: Nicole Liebb — Director of Operations
Ownership intelligence/ FAC-NORTHBRIDGE

Northbridge Demonstration Facility

Northbridge Demonstration Facility LLC · SNF · 120 beds · CCN 31-DEMO01

LLCLLC: ALL members disclosed regardless of %Open MTR-1001 ownership tab
Ownership tiersGoverning body & officersReal estate & security interestsADP map

Lakeside Property Associates LLC — lessor

ADP — lessor
  • Owns 100% of facility real property; triple-net lease

Pinewood Community Bank, N.A. — mortgage / security interest

3.05% < 5.00% — not reportable
  • Amount currently owed ÷ total property and assets = 3.05%
  • Threshold: 5.00%
  • Amount currently owed ÷ total property and assets = 3.05% < 5.00% → NOT reportable; both source values are retained on the record and the test is re-run at filing

The five percent test, worked

Five percent test — the numerator is the amount currently owed, never the original loan; the denominator is total property and assets.

amount currently owed ÷ total property and assets = 3.05%
3.05% < 5.00% → NOT reportable
Result
3.05%
Threshold
5.00%

Both source values are retained on the record whichever way the test lands, and the test is re-run at filing.

Percentage reconciliation

Every tier is summed and checked before a chart is drawn. All tiers sum to 100.00%.

Synthetic demonstration data only. Percentages are shown to two decimals; both values in the five percent test are retained whichever way it lands.