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...
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...
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...
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...
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...
Cleveland’s downtown is ready for its next phase of growth. With national and local trends changing the way that people live, work, and recreate, downtowns require a vision for the future to set the stage for growth. Strategic real estate development plays a pivotal...
Climate risk data has quietly moved from the background of real estate underwriting into the center of many residential transactions. What was once the domain of insurers, lenders, and regulators is now directly influencing buyer behavior, pricing negotiations, and...
A Banner Year Cleveland’s industrial real estate market continues to go through a revival. By leveraging its legacy manufacturing infrastructures with reignited private-public partnerships focused on proactive site strategies, comprehensive economic development...
Construction permitting in Cleveland returned to trend in 2025, with nearly $1.5 billion in total permits issued. While 2024 was a banner year, with more than $2.8 billion in permits issued, it was buoyed by over $1.2 billion in permits pulled by the Cleveland...
As 2025 draws to a close, Ohio real estate practitioners and property owners face a transformed legal landscape. From historic property tax reforms to new licensing requirements and investor regulations, the Ohio General Assembly enacted sweeping changes that will...