Real Estate

Kohrman Jackson & Krantz is engaged in a comprehensive real estate practice representing a wide array of clients. Our attorneys counsel buyers and sellers, landlords and tenants, and borrowers and lenders in all categories of real estate transactions, and builders and developers of all kinds, including builders of single family homes and developers of shopping centers, hotels and office buildings.

We are involved in every phase of the process from land acquisition through construction financing, lease-up and permanent financing. Following project completion, we assist in the leasing and management of the property by drafting and negotiating leases and dealing with problem tenants.

Kohrman Jackson & Krantz also represents contractors and subcontractors seeking payment for their work through materialmen’s liens, public works liens, bond claims, and subsequent litigation. We also regularly handle refinancings and negotiate workouts on behalf of borrowers and lenders.  Among the transactions we recently have handled are:

• Representation of major local developer with the reorganization of its capital structure, including approximately 50 properties valued in excess of $220 million, in connection with the resolution of various partnership disputes
• Representation of developer in the acquisition of an 11 shopping center portfolio valued at $200 million, in connection with the settlement of litigation
• Representation of hotel developer in refinancing three hotels with aggregate loan values in excess of $50 million
• Representation of fast food franchise operator in leasing and purchase of 30 properties throughout Ohio and Florida
• Representation of manufacturing client in restructuring its real estate portfolio through sale/leaseback and lease transaction
• Representation of non-profit client seeking historic tax credit approval for building renovations valued at $2 million
• Representing the developer of a 650,000 square-foot office complex in downtown Cleveland, including negotiating joint venture agreements, construction and permanent financing and negotiating and drafting leases with sophisticated national tenants
• Representing a multi-location Cleveland automobile dealer in the sale of dealership real estate to a national real estate investment trust
• Selling and leasing of an 800,000 square-foot warehouse complex
• Developing, acquiring, selling and financing several major hotel properties located throughout the eastern United States
• Negotiating and drafting anchor, “big box,” in-line and outparcel leases on behalf of both landlords and tenants in shopping centers throughout the United States
• Representing a local developer in site acquisition, leasing, construction and financing of multiple store locations for a major national drugstore chain

The Real Estate Practice Group recently launched the Ohio Real Estate Blog, where they regularly blog on Ohio real estate issues.  The blog is located at http://ohiorealestateblog.blogspot.com

For more information about our real estate practice, please contact Connie S. Carr  at 216·736·7223 or csc@kjk.com. Select one of the following links for information about our real estate attorneys.