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Real Estate

From the acquisition and financing of a corporate headquarters to the construction of a publicly funded sports facility, Ulmer & Berne’s real estate attorneys offer a broad scope of talent and expertise in serving clients across the U.S. Our practice has ranked in the top tier for 12 consecutive years in the list of Top Real Estate Firms by Midwest Real Estate News and is listed in national publications such as Chambers USA: America’s Leading Lawyers for Business and U.S. News – Best Lawyers’ “Best Law Firms.” We serve as national leasing counsel to specialty retailers with more than 1,000 stores and locations in almost every state in the U.S., and are regularly engaged by the world’s largest restaurant company (with more than 33,000 restaurants worldwide) for acquisitions and disposition of locations around the country. Our clients also include leading apartment owners and developers, shopping center owners, general contractors, property managers, lenders, investors, municipalities, and school districts. Our approach is multidisciplinary, engaging team members from related practice areas such as tax, finance, nonprofit, employment and labor, and others when appropriate.

July 8, 2021 – Ulmer & Berne LLP is pleased to share that Partner Jodi Rich has been appointed to the Board of Trustees of Park Synagogue, a 152-year-old Jewish congregation based in Pepper Pike, Ohio. In her role on the Board, Rich will use her experience as an active and lifelong third-generation...

February 2, 2021 – Ulmer & Berne LLP is pleased to share that Alan W. Scheufler, Partner and Co-Group Leader of the firm’s Banking & Commercial Finance Practice Group, has been named to the Midwest Real Estate News Hall of Fame, which recognizes the most important players from all facets...

October 30, 2020 – Ulmer & Berne LLP is pleased to share that Partner Michael S. Tucker has been elected to serve a three-year term on the Board of Directors of the Cleveland Metropolitan Bar Foundation (CMBF), the charitable fundraising arm of the Cleveland Metropolitan Bar Association (CMBA). The CMBF raises critical funds...

By David A. Meyer and Brett C. Altier Purchasing contaminated property in Ohio became a little less risky this week. Purchasers can now obtain protection under both federal and state law from costly remediation orders imposed by the U.S. Environmental Protection Agency (EPA) or the Ohio Environmental Protection Agency (Ohio...

April 6, 2020 – All aspects of the commercial real estate world have been rocked by the COVID-19 crisis – renters, landlords, and lenders. Multifamily commercial real estate owners find themselves in the middle of an unenviable situation – on one side, renters that cannot pay rent, and on the...

April 2, 2020 – On March 26, 2020, the U.S. Environmental Protection Agency (USEPA) issued a policy relaxing enforcement of some regulatory requirements in response to the COVID-19 pandemic.  The policy applies retroactively to March 13, 2020, and provides that USEPA will exercise enforcement discretion for certain noncompliance that results...

UPDATED MARCH 26, 2020: State and federal laws are changing every day with respect to the novel coronavirus called COVID-19. As of Wednesday, March 25, 16 states have or will have implemented stay at home orders affecting more than 40% of the population. As the laws related to your business...

From Ulmer’s Real Estate Advisor Law Blog By Bradley D. Kaplan As of Monday, March 23, 2020, Illinois, Ohio, and Kentucky have issued executive orders for the purpose of limiting person-to-person contact to avoid the transmission of the COVID-19 virus. This article summarizes how each of these three states are defining...

From Ulmer’s Real Estate Advisor Law Blog By Kristin W. Boose On March 20, 2020, the CRE Finance Council hosted a great conference call entitled, “The Impact of COVID-19 on the Commercial and Multifamily Real Estate Property & Finance Markets.” Like many of us in the commercial real estate world,...

February 3, 2020 – Ulmer & Berne LLP is pleased to share that Lori Pittman Haas, Partner and Group Leader of the firm’s Real Estate Practice Group, has been named to the Midwest Real Estate News Hall of Fame, which recognizes leaders in the commercial real estate industry who have helped...

Ulmer & Berne LLP is pleased to announce the election of three partners to the firm, effective January 1, 2020. This class of new partners includes attorneys with backgrounds in diverse legal disciplines and who reflect Ulmer’s commitment to providing sophisticated advice and counsel. “We are happy to welcome Kristin,...

Ulmer & Berne LLP is pleased to announce that Mary Forbes Lovett, Partner and Chair of Ulmer’s Real Estate Practice Group, has been elected to the firm’s Management Committee. Lovett is one of two women serving on this seven-member committee, which is responsible for guiding the operations and strategic direction of...

On June 20, 2019, the Ohio Senate unanimously approved a state budget bill, House Bill 166, which includes a new tax credit for investments made into Ohio’s opportunity zones. Originally passed unanimously by the Ohio Senate as Senate Bill 8, the bill was later included in the state operating budget...

As part of the 2017 Tax Cuts and Jobs Act, Congress added a new provision to the Internal Revenue Code allowing investors to defer capital gains by making investments into Qualified Opportunity Funds (QOFs).[1] However, many investors have remained on the sidelines waiting for the Internal Revenue Service (IRS) to...

Given high real estate tax rates in Ohio, clients often ask us if a higher property valuation for real estate tax purposes can be avoided by purchasing membership interests rather than purchasing the real estate directly. Frequently, the seller will transfer the real estate to a newly formed limited liability...

Ulmer & Berne LLP is pleased to announce that 11 of the firm’s attorneys have been recognized by Cincy Magazine as Cincy Leading Lawyers. Attorneys selected as Cincy Leading Lawyers are considered to be the best in the Tristate area. Members of Greater Cincinnati’s legal community nominate their colleagues each...

Cuyahoga County and 18 other Ohio counties recently completed the state-mandated six-year reappraisal of all real property in those counties. In Cuyahoga County, across all property types, values rose overall by an average of 10.1 percent. Home values rose by an average of 10.8 percent, and commercial and industrial properties...

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