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real estate law Archives

Commercial real estate loans now have higher standards

Entrepreneurs in Ohio who are interested in obtaining a loan so that they can purchase a property might have to face higher standards to get approved. The Federal Reserve reported that commercial real estate loans were more tightly restricted in the second quarter of the fiscal year. Nonetheless, owners who are interested in business loans will find that the standards are the same and have not become more restrictive.

A proposed tax law change could influence CRE projects

Commercial real estate developers in Ohio and around the country generally base their decisions on market data, experience and intuition, but their actions are also influenced by the nation's financial regulations and tax laws. Financial experts have paid little attention to the tax rules pertaining to hedge fund carried interests as they have remained stable for decades, but changes proposed by the Internal Revenue Service would almost double the the tax rate. Industry analysts say that the IRS proposal, if it were to be enacted, could severely impact the entire commercial property sector.

Over building and uncertainty slow commercial real estate deals

Property investors in Ohio have to contemplate many elements, including financing and taxes, before entering a commercial real estate transaction. Growth in the commercial property sector has been strong for six years, but analysts worry that prices have peaked and some large cities might now have an excess of inventory because of a building boom.

Why commercial real estate may be the better option

People looking to invest in Ohio properties may gravitate toward residential as opposed to commercial real estate. However, there are several reasons why buying commercial real estate may be the better option. First, buyers may find that commercial tenants are better than residential tenants. In many cases, commercial tenants have their own maintenance teams or others who can take care of issues that residential tenants may expect their landlords to deal with.

Tips for Ohio commercial real estate sellers

When selling commercial real estate, many people assume they can depend on the services of their buyer's attorney. However, it might it may be wise for sellers to hire their own experienced real estate attorney who can personally assist them with the transaction. Besides preparing important documents, a real estate attorney can be very beneficial to sellers in other ways as well.

How apps can benefit Ohio real estate investors

Just a few years ago, real estate professionals had to manage their information with enormous Excel databases. However, thanks to a number of technological advancements, communication, maintenance requests and rent logs can be handled through a number of easy-to-use apps. This technology can be beneficial to investors, property managers and even tenants.

Big data economy drives commercial real estate changes

Large companies in Ohio and throughout the country are experiencing an expanding demand for data centers. Vast amounts of data generated by 34 billion connected devices drive increasing portions of the modern economy. From a smart coffee pot ordering beans from Amazon to self-driving cars navigating traffic, the demand for data processing and storage has exploded.

Value investment requires focus and discrimination

Value investing in Ohio commercial real estate is about purchasing at the right price. Though the asset should provide money as well, an income stream is usually of secondary importance for value investors. The real worth of the investment generally comes from an appreciation in price over time.

Why your debt-to-income ratio matters when buying a home

If you are looking to purchase your first home, you have probably been doing your research about properties in your area, where you might be able to obtain a loan and how to qualify for it. A key term you may recognize from all that research is "debt-to-income ratio," which refers to the figure you get when you add up all your monthly debt payments and then divide that number by your monthly income. In laymen's terms, the debt-to-income ratio gives potential mortgage lenders an idea of how much your expenses are each month in comparison to how much you actually earn.

Regulations and rates are chief concerns of CRE lenders

Many commercial real estate developers and investors in Ohio and around the country had a fairly good year in 2016, and most experts feel that prices will remain healthy and the market will be stable in 2017. However, there are some concerns over interest rates and regulations that could have a significant impact on the commercial mortgage backed securities market.

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