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...
Real Estate
UCC Foreclosures and Guarantor Liability in 2026 Commercial Real Estate Debt
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...
Ohio Property Tax Valuations 2026: What Property Owners Need to Know
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...
Pung v. Isabella County: What Local Governments Need to Know About Tax Foreclosure
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 Launches Unified Zoning Code
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...
IRS Revenue Procedure 2026‑17 Opens Door to Bonus Depreciation for Real Estate Investors
Real estate investors rarely get a second chance to revisit a tax election once it has been made, especially one the Internal Revenue Code labels “irrevocable.” Revenue Procedure 2026‑17 changes that. In a significant development for the industry, the IRS is now...
Ohio Spring Housing Update: What Buyers Need to Know
Market Snapshot Inventory is rising across the state of Ohio, but prices are not backing down. If you were actively involved in buying or selling a home over the past few years it probably felt like a game of musical chairs. The early 2020s saw some of the lowest...
Ohio Supreme Court Clarifies Adverse Possession Element “Open and Notorious”
The Supreme Court of Ohio recently ruled in NC Ents., L.L.C. v. Norfolk & W. Ry. Co., Slip Opinion No. 2026-Ohio-1429 (the “NC-Norfolk Case”) that Appellee’s lawn maintenance on Appellant’s parcels was not sufficiently open and notorious to have put appellant on...
Federal Housing Initiatives Signal Potential Shifts in Development, Lending, and Affordability
On Friday, President Trump issued a pair of Executive Orders focused on increasing affordability and access to the housing market. Combined with ongoing negotiations in Congress on the 21st Century ROAD to Housing Act, they reflect a bipartisan focus in Washington on...
Downtown Cleveland Real Estate: Understanding & Managing an “Upside Down” Market
Current State of the Commercial Real Estate Market and Pending Loan Defaults Today, dozens of buildings in downtown Cleveland are distressed or are “upside down,” meaning that the properties in operation are having difficulty paying or are behind in paying their...