The 1st District Court of Appeals in the 2026 case entitled Chester v. Bridges recently upheld the well settled law in Ohio (and in most other jurisdictions) that pursuant to the “Statute of Frauds,” an oral promise to transfer real estate, without any signed written...
Rising interest rates have historically been viewed as a threat to real estate investment trusts (REITs). Yet recent market performance suggests that interest rates alone do not determine how a property, or a REIT, performs. For property owners, developers, investors...
This article features insights from professionals at C. P. Braman & Co., CBRE, Integra Realty Resources, Cushman & Wakefield | CRESCO, and Newmark. Real estate as an industry is one where informational asymmetries can have a significant impact on outcomes....
KJK’s Cleveland office space is at the tail end of a renovation, having added amenities such as a mini-market, new coffee makers, and renovated kitchen and conference facilities. To most employees, this renovation probably registers as little more than a nice new...
For decades, the formula for commercial real estate development in Ohio was relatively straightforward: secure the land, navigate local zoning, map out the infrastructure, and submit a standard utility hookup request. In today’s market, particularly across Central...
The 21st Century ROAD to Housing Act is set to become law tonight, in the first major effort to impact Federal housing policy in years. The President has refused to sign the bill, passed by a veto-proof bipartisan supermajority, in an effort to leverage the bill to...
In 2026, the commercial real estate market is undergoing a fundamental structural reset. The long-anticipated "debt overhang," driven by a massive wave of maturing commercial mortgage-backed securities (CMBS) and traditional bank loans, has transitioned from a looming...
Many Ohio counties are already in the process of developing valuations for countywide reappraisals or triennial updates. Soon these counties will be publishing, mailing or providing notices of property assessments as required by Ohio law. Ohio Revised Code 5715.17...
Following on its decision in Tyler v. Hennepin County in 2023, the Supreme Court of the United States again waded into the thicket of tax foreclosure and enforcement in its ruling this week in Pung v. Isabella County, a case arising out of Michigan. Justice Alito’s...
Cuyahoga County recently announced the creation of the Cuyahoga County Unified Zoning Code (UZC), an effort intended to provide a shared framework for updating and maintaining local zoning regulations in participating municipalities. County Planning developed the UZC...