Simplify the following text for a Grade 11 native English-speaking person.
Original: In 1857 , Ludwig Binswanger , a psychiatrist from MÃ 1\/4 nsterlingen acquired the property and opened a private sanatorium .
Simplified: In 1857 , Ludwig Binswanger , a psychiatrist from MÃ 1\/4 nsterlingen bought the property and opened a private sanatorium .