Feb. 19 (Bloomberg) — Matthew Anderson, a partner at Foresight Analytics, talks with Bloomberg’s Betty Liu about the commercial real-estate market. Anderson speaks from San Francisco. (Source: Bloomberg)
Anderson Says Price Bottom in Commercial Real Estate: Video
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Burns Says `Shadow Inventory’ May Threaten Home Prices: Video
Thursday, February 18th, 2010Feb. 18 (Bloomberg) — John Burns, president of John Burns Real Estate Consulting Inc., talks with Bloombergs Betty Liu about the implications of what he describes as a “shadow inventory” of homes risking foreclosure. Burns, speaking from Irvine, California, also discusses the potential effects of an increase in mortgage rates and the outlook for the US housing market. (Source: Bloomberg)
CME’s Donohue Sees Opportunities in Real Estate, `Green’: Video
Wednesday, February 17th, 2010Feb. 17 (Bloomberg) — Craig Donohue, chief executive officer of CME Group Inc., talks with Bloombergs Erik Schatzker about growth opportunities in real estate and “green” products. Donohue also discusses the outlook for investing in emerging markets, the potential opportunities in over-the-counter derivatives and the prospects of future mergers and acquisitions. (Source: Bloomberg)
Consonery Says Real Estate `Preeminent’ Concern in China: Video
Friday, February 12th, 2010Feb. 12 (Bloomberg) — Nicholas Consonery, Asia specialist at the Eurasia Group, talks with Bloomberg’s Matt Miller and Carol Massar about China’s efforts to cool its economy. Chinas central bank took the second step in a month to restrain inflation and damp asset prices, ordering lenders on the eve of a weeklong holiday to set aside larger reserves. (Source: Bloomberg)
Warren Says Commercial Real Estate Loans Pose Danger: Video
Thursday, February 11th, 2010Feb. 11 (Bloomberg) — Elizabeth Warren, chairwoman of the Congressional Oversight Panel for the Troubled Asset Relief Program, talks with Bloomberg's Betty Liu about the outlook for community banks that have exposure to commercial real estate loans. Warren, speaking from Newton, Massachusetts, also discusses the need for so-called stress tests on community banks. Commercial real estate loans have potential to go sour and wreck the US economy unless regulators prepare now, according to a report from the watchdog for the federal financial rescue program. (Source: Bloomberg)
Humphries Says U.S. Home Prices to Bottom in Mid-2010: Video
Wednesday, February 10th, 2010Feb. 10 (Bloomberg) — Stan Humphries, chief economist at Zillow.com, talks with Bloomberg’s Mark Crumpton and Lori Rothman about the outlook for US home prices and foreclosures. More than a fifth of US homeowners owed more than their properties were worth in the fourth quarter as the number of houses and condominiums lost to foreclosure climbed to a record, according to Zillow. (Source: Bloomberg)
Leupold Says Commercial Property Values Bottomed in 2009: Video
Tuesday, February 9th, 2010Feb. 9 (Bloomberg) — Craig Leupold, president of real estate consultants Green Street Advisors, talks with Bloomberg’s Carol Massar about the outlook for the commercial property market and investing in so-called blind-pool assets. Leupold says commercial property values “troughed” in the middle of 2009. (Source: Bloomberg)
Dealing With Shady Nursing Home Neglect Issues
Tuesday, March 24th, 2009When nursing homes start to neglect patients, they cross very real legal bounds that can get them in a lot of trouble. After all, neglect can lead to deaths and severe illnesses that end up causing grief for the family related to the patient. Even something small like bed sores may give you a case.
There are laws being put into action among states each year that cracks down on how nursing homes can operate. Some states will even require that a nursing home subject their patients to an interview with a coroner to help determine the cause of death. If any indication of neglect is found, the coroner is then able to bring a case against them- but not all states have such good legislation.
Even something as seemingly small as bed sores can be considered neglect, and the suffer may be entitled to a real case against the nursing home. This is common among immobile residents who are disabled and can’t move. If their body is not shifted around frequently, the sores will begin to develop. This is an obvious case against the nursing home, who should be paying more attention.
Proper food and water is also required if the elderly are to live a peaceful life. While water isn’t usually a problem, some nursing homes have cut back on spending and have supplied only meager meals to their patients. This can be a dangerous game, as malnutrition can quickly lead to serious health complications among the elderly. If the cause of death was dehydration or malnutrition, you may also have a case.
Frightening enough, some nurses will abuse or physically harm patients. These types of people should have been weeded out in the interview process, but some nursing homes are either corrupt or too short handed on staff to deny them a job. If that is the case, the nursing home is at fault for any type of crimes committed. Stay in close interaction with family members to avoid such a situation, and report and indication of a crime as soon as you hear it.
Some cases would make it questionable as to whether or not a patient is liable for damages, or if the nursing home is. One case would be if the patient were to escape and become injured. This would actually make the nursing home at fault in most cases, since they assumed responsibility in caring for the patient, and should have proper defenses against someone simply walking out of the facility.
Final Thoughts
Nursing homes shouldn’t be a prison for the elderly- they should be peaceful institutions that are in place to make life easier for everyone. If you suspect that a nursing home has been neglecting a friend or family member, you should start investigating your options in making a legal case.
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