In 2022, the U.S. Small Business Administration Office of Advocacy reported that there were 996,693 small businesses in Ohio. Those operating in Cincinnati must adhere to the city’s commercial zoning regulations. Commercial zoning laws dictate how business owners and...
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Commercial Real Estate
Judicial foreclosure defense: Protecting your investment and rights
The daunting prospect of commercial foreclosure can be a harrowing experience for business owners and property investors. It is a scenario that no one ever hopes to confront, yet it is a reality that countless individuals find themselves in when their commercial...
4 ways to deal with lease agreement breaches
Commercial property owners often face the challenging situation of dealing with lessees who break their lease agreements. When confronted with this issue, it is important to take prompt and decisive action to protect your property and financial interests. 1. Review...
3 options besides commercial real estate foreclosure
Investing in commercial property may have been a big endeavor that is intended to provide for your future and make a mark on your portfolio. While you knew investing in real estate was a long shot, you took the plunge. You, however, came under bad luck and now face...
Can you collect on commercial leases if tenants file bankruptcy?
Signing a lease with a startup or even an existing company can be a bit of a gamble. You never know if the company might go under and leave you without rental income or cause damage to your facilities that could cost thousands of dollars to repair. It is also...
Taking action when a business defaults on a real estate loan
Loaning money for the purchase of commercial real estate is different from offering a mortgage for someone's primary residence. As important as a business's facilities may be to its operations, a business's property won't have the same emotional value that a primary...