- Posts by Kenneth P. KreiderPartner
Ken's practice touches all areas of real estate development including financing, real estate taxation, building and preservation code matters, rail/utility rights of way, renewable energy leases, sustainable building ...
On April 1, 2020, Governor Mike DeWine signed Executive Order 2020-08D, which contains certain “requests” of commercial mortgage lenders and landlords with small business commercial tenants located in Ohio.
While the health and safety of the US populace is of primary concern, the economic and legal implications of COVID-19 have already proven to be significant, particularly in the commercial real estate context. Mandated closures have left landlords and tenants concerned about the enforceability of lease obligations (especially with respect to the obligation to pay rent); purchasers and sellers concerned about meeting the timelines set forth in contracts of purchase and sale and the logistics of closing; borrowers and lenders concerned about the fulfillment of loan obligations; ...
The scenario of a developer who paid cash for a parcel of land and wants to get started on development and construction prior to the closing of the construction loan is fairly common. However, under Ohio law a pre-start construction project creates difficulties for the title insurance underwriter to insure the priority of the mortgage over mechanic’s lien risk. This is likely to result in more time and costs to provide the required title insurance and if not handled properly, it could jeopardize the financing for the project.
As users of commercial real estate become more interested in sustainable practices, buying or leasing a LEED®-certified building becomes a business deal point. How does an attorney or real estate manager determine if a particular target was properly LEED certified or has kept the certification status as advertised?
To update the earlier posting, please note that yesterday Ohio Governor Strickland signed Senate Bill 232 with an emergency clause, making the new law effective June 17, 2010.
In the wee hours on Friday, June 4, 2010, the Ohio House adopted Amended Senate Bill 232 which was designed to provide a personal property tax exemption to owners of renewable energy projects.
- Real Estate Law
- U.S. EPA
- Clean Water Act
- Environmental Law
- Tax Credit
- Economic Development
- Environmental Site Assessment
- Opportunity Zone
- JOBS Act
- Tax Abatement
- Ohio Foreclosure Reform
- Toxic Substances Control Act
- Receivership Statute
- Employment Law
- Pre-Start Construction
- Title Insurance
- CDFI Fund
- Community Development Entities
- Community Development Financial Institutions Fund
- Hazardous Waste
- New Markets Tax Credit
- NMTC Financing
- Resource Conservation and Recovery Act
- USEPA Guidance
- Construction Litigation
- Ohio Consumer Sales Practices Act
- LEED Certification
- Underground Storage Tank
- Storm Water
- Ohio Governor Mike DeWine Signs Executive Order Requesting Relief for Small Business Commercial Tenants and Commercial Real Estate Borrowers
- COVID-19 and Commercial Real Estate
- Columbus, Ohio ICSC 2020 Recap – The LLC Membership Interest “Loophole”
- Issues for Residential Landlords Attempting to Navigate Cincinnati's New Security Deposit Legislation
- Legal Alert: EPA Repeal of 2015 "Waters of the United States" Rule
- Columbus, Ohio ICSC 2019 Recap – Land Assemblage Best Practices
- Proposed Creation of the Economic Development Bond Bank
- Proposed Ohio Opportunity Zone Tax Credit
- Ohio Opportunity Zone Designations Within the City of Cincinnati
- Spring Legislative Update/Economic Development