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Petersen Health Care in battle for $50 million share of massive nursing home portfolio

An operator of nearly 100 Midwest care facilities is now embroiled in a two-front legal battle over more than $50 million in loans. Two lenders say that Petersen Health Care has failed to make payments due at 17 nursing homes across Illinois, Iowa and Missouri and are seeking foreclosure.

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Despite WARN filing, no layoffs expected at Rochester retirement facilities

Despite WARN filing, no layoffs expected at Rochester retirement facilities
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