Quality Care cuts rents for struggling nursing home chain ManorCare

CHICAGO (Reuters) - Healthcare property owner Quality Care Properties Inc has agreed to cut rents for HCR ManorCare but said the U.S. nursing home chain, which already owes more than $300 million in back rent, has acknowledged it will struggle to pay even the reduced amount, according to a regulatory filing on Tuesday.

from Reuters: U.S. http://ift.tt/2pDj5ht