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Alfredo Neri

Extra Fees Drive Assisted Living Profits

Florence Reiners, 94, adores living at the Waters of Excelsior, an upscale assisted-living facility in the Minneapolis suburb of Excelsior. The 115-unit building has a theater, a library, a hair salon and a spacious dining room. “The windows, the brightness and the people overall are very cheerful and very friendly,” Mrs. Reiners, a retired nursing…

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