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Real estate investors are buying up long-term care facilities. Residents can suffer

April 19, 2026
Sandra J Burns

Leslie Adams holds a photo of his mother, Shirley, who died after developing infected bedsores at a rehabilitation center, according to a lawsuit he filed. A court awarded the family $17 million, but they are still trying to collect it.

Real estate investment trusts are landlords for thousands of nursing homes, assisted living facilities, and hospitals. Some select the managers and keep close watch but deny blame for bad care.

(Image credit: Taylor Glascock for KFF Health News)

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