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Lakes Communities Inc

d/b/a Colonial Manor Nursing Home · 403 Colonial Ave, Lakefield, MN 56150 · CCN 245572
Skilled Nursing Operator: GR Partner Companies (2 sites) PE-backed For-profit
Annual revenue
$4.7M
EBITDAR margin
7.6%
Occupancy
76%
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Margins and the multi-year financial trend, cost structure, operating detail, CMS quality scores, and side-by-side benchmarking against local skilled nursing peers — plus screening across every provider.
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Revenue trend

FY19 $2.9MFY20 $2.9MFY21 $3.1MFY22 $3.3MFY23 $3.8MFY24 $4.7M

How it compares

Lakes Communities Inc reports $4.7M in annual revenue — 44% below the Minnesota skilled nursing median of $8.3M (across 249 rated providers).

Its ebitdar margin of 7.6% runs 4.6 pts above the state median (3.0%).

CMS quality ratings

Overall rating1/5
Staffing4/5
Health inspection1/5

Full comp set & historical detail

248 comparable Skilled Nursing providers · year-by-year financials · cost structure · distributions

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