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Featured Article
A Cure For Ailing Retail
Given the soft retail real estate leasing climate and the health-care industry's growth, leasing of medical offices, blood testing labs and dentist's offices in neighborhood shopping centers is increasing.
When working with retail developers or owners with medical tenants who are seeking new capital, mortgage brokers must be able to convey fully any tenant issues to lenders. The following eight issues are especially important when working with landlords who are more accustomed to leasing space to merchants and eateries than to medical-service companies.
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CONTACT US
Stephen J. Crawford, Esq.
President
Everest Land Title Agency Ltd.
8111 Rockside Road, Suite 275
Valley View, Ohio 44125
National: (866) 945-4200
scrawford@everestland.com
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About Us
Everest Land manages the settlement of commercial and residential acquisition, disposition, and refinancing activity for banks, developers, life insurance companies, pension funds, Realtors and mortgage bankers. The company issues title insurance policies, creates new sources of fee revenue for mortgage lenders, helps real estate owners and investors reduce the cost of title insurance, and provides clients with state-of-the-art, web-based real estate transaction management systems.
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Greetings!
Here is a quote I came across from Dale Carnegie. I hope you like it: "It isn't what you have, or who you are, or where you are, or what you are doing that makes you happy or unhappy. It is what you think about."
Sincerely, Stephen J. Crawford, Esq.
President, Everest Land
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News: New York to Become Home to Tallest U.S. Building
Chicago may soon lose bragging rights as home to the tallest building in the U.S., making way for New York City to claim the prize.
That distinction currently belongs to Chicago's Willis Tower, which is 1,450 feet high. But that skyscraper will soon be eclipsed by the 1,776-foot One World Trade Center in New York, according to Marshall Gerometta, database editor for the Council on Tall Buildings and Urban Habitat in Chicago.
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Trends: Inside The Box: Unique Uses For City Space
Surprising sights are popping up around Cleveland: urban farms and vineyards emerge from between commercial buildings and in vacant lots. Carl Skalak of Blue Pike Farms uses virgin backfill to grow seasonal fruits and vegetables at 900 E. 72nd between St. Clair and the Shoreway, and in Ohio City, the Ohio City Farm, a large urban farm, has been constructed near the West Side Market. Mansfield Frazier of Neighborhood Solutions Inc, has cultivated a vineyard with two varietals and 294 vines in furtherance of Chateau Hough, a proposed urban winery tucked near E. 66th and Hough.
Formerly unbuildable properties and lots that would otherwise go unused are teeming with growth and making the Cleveland region more productive. Local restaurants and businesses, including Great Lakes Brewing Company, have purchased produce from these new farms. And urban farming remediates the soil.
Cleveland Councilman Joe Cimperman has been an advocate of legislation that would assist urban farming efforts by permitting market gardens, food stands, and composting on the property of single family homes. An "Urban Agriculture Overlay District" would designate some vacant land as urban farms and allow urban farming structures. More Information |
Fundamentals: Ohio Joins Regulators From 50 States to Investigate Foreclosure Document Mess
Ohio is joining a coalition of attorneys general and mortgage regulators from all 50 states to investigate potentially fraudulent documents that may have been used to foreclose on millions of homeowners.
Attorney General Richard Cordray, who last week filed the first lawsuit in the nation against a mortgage servicer, GMAC, over the emerging scandal, will help lead the investigation as part of an executive committee.
"This is the clearest signal yet to the major mortgage lenders and servicers that they need to take serious measures to fix problems with affidavits," Cordray said. "What we have seen are not mere technicalities, as some suggest; rather, this is about the private property rights of homeowners facing foreclosure and the integrity of our court system, which cannot enter judgments based on fraudulent evidence."
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Want More?
If you would like to receive monthly clippings of all Plain Dealer and Crain's articles touching on real estate, just drop me a line at scrawford@everestland.com and we will add you to our email distribution list.
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