Real Estate And Development

Real estate is more complex than making decisions from the facts. That is especially true for developers, lenders, real estate managers and entrepreneurs, whose strength and commitment are often tested by difficulties and changes in circumstances.

Lawyers With A Entrepreneurial Perspective

Cowden & Humphrey Co. LPA is an ideal firm for developers and managers of entrepreneurial businesses. We provide experienced legal guidance and counsel for the full range of real estate and development projects. Our attorneys understand and have substantial experience with redevelopment, and we can help with:

  • Rehabilitation
  • Restoration
  • Reuse
  • Redevelopment

We provide comprehensive, turnkey consulting solutions to developers, lenders and managers of redevelopment projects.

Entrepreneurs Advising Entrepreneurs

Our real estate attorneys provide a full-range of high value legal services tailored to your unique project needs. We demonstrate a clear understanding of the legal and business implications of any real estate situation — and the pressures at work on the business, legal and life decisions your success requires.

We are experienced with a wide variety of real estate and development projects:

General Real Estate Services

  • Acquisition/sale of commercial real estate (office, industrial, retail, hospitality and multifamily)
  • Leasing of commercial real estate (landlord-tenant representation)
  • Real estate financing (borrower representation)
  • Section 1031 like-kind exchanges/TIC arrangements
  • Hotel acquisition/licensing
  • Liquor license transfers
  • Urban redevelopment and adaptive reuse for multifamily, office, hospitality, retail and industrial use
  • Corporate-owned real estate
  • Conventional, multilayered, public, private, institutional, construction, tax credit and facade easement financing
  • Zoning and land use issues
  • Purchase, sale, lease, condominium and other complex real estate transactions
  • Real estate entity formation and structure

Acquisition And Development

  • Land assembly
  • Equity financing (historic tax credit, facade easements, lost development easements, low income housing tax credits (LIHTC), new markets tax credits, private syndications)
  • Capital markets
  • Historic rehabilitation and adaptive reuse
  • Layered financings and government subsidized financing

Common Ownership

  • Preparation of declaration of covenants, conditions, easements and restrictions for condominiums and fee simple developments; homeowners association documents, including incorporation
  • Condominium conversions
  • Reciprocal easement agreements (REA)
  • Tenant in common agreements (TIC)
  • Developer financing

Environmental Services

  • Brownfield redevelopment and revitalization
  • Voluntary action program (VAP)
  • County Brownfield loan fund
  • Green buildings
  • BUSTR
  • Storm water discharge permits
  • Wetlands permits
  • CERCLA

Land Use

  • Zoning and building permits
  • Land assembly, lot splits and consolidations
  • Eminent domain

Financing

  • Lender and borrower representation
  • Hud financing
  • HTC/LIHTC/NMTC and facade and lost development easements
  • Tax increment financing (TIF)
  • County and city subordinate financing
  • Mezzanine financing
  • Fannie Mae financing
  • Community reinvestment area
  • CDBG

Community Development Corporations (CDCs)

  • Representation of not for profit corporations (501(c)(3))
  • Affordable housing
  • Neighborhood development

Construction Law

  • Construction contract negotiation
  • Architect and contractor representation
  • AIA documents

HUD

  • HUD financing (refinancing and construction)
  • Market to market
  • Transfer of Physical Assets (TPA)
  • Housing assistance payments (HAPs)
  • Partial payment of claim (PPC)

Contact Us

We can help with your real estate or development project in Ohio and nationwide. To discuss your transaction or project needs with one of our lawyers, call our Cleveland office at 216-241-2880.