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REITs buying nursing homes raise concerns over resident care and safety.
Real estate investment trusts (REITs) are buying U.S. long-term care facilities, raising concerns about resident care. While federal rules prevent them from directly operating facilities, investigations show they often control management and monitor operations. Lawsuits allege REITs are responsible for resident deaths and poor conditions, yet they remain invisible to regulators due to lack of required disclosures.
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