02/10/2012 - Columbus: a capital idea
Worthington, Delaware, Franklinton, Lancaster, Newark and even tiny Dublin all bid to become the capital of Ohio, which the founders wanted near the center of the state instead of the temporary site of Chillicothe. Yet, in 1812, after years of political wrangling, the Ohio General Assembly chose no city at all.
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02/06/2012 - Belmont Village Sells for $16.9 Million
Belmont Village-Memphis, a senior living community at 6605 Quail Hollow Road, has sold for $16.9 million to an Ohio-based real estate investment trust...
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02/03/2012 - Toledo-area home prices fall
Home prices in metro Toledo and in Ohio continued to slide in December, according to a report from a California real estate data firm.
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02/01/2012 - Foreclosures: Today in weird celebrity real estate...
Today in weird celebrity real estate news, actor Tracy Morgan is in the doghouse for not helping his mom rescue her Ohio home from foreclosure. According to a gossipy Daily News bit, Alicia Warden owes less than $25K grand on...
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01/23/2012 - Pair plead guilty to $15M mortgage fraud scheme
Two Ohio men have pleaded guilty to fraudulently obtaining about $15 million in mortgage loans to finance the purchase of 26 real estate properties in Maricopa County.
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01/23/2012 - Howard Hanna enters Columbus, Ohio, market
Howard Hanna Real Estate Services entered the Columbus, Ohio, market with the acquisition of RealCom Realty of Dublin to form Howard Hanna RealCom Realty.
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01/24/2012 - Wall Street Fraud Watchdog Now Offers Landowners in Ohio & Pennsylvania a Revolutionary Service to Ensure They are Not ...
The Wall Street Fraud Watchdog's due diligence service for real estate investors, or property owners may be the comprehensive of its type being offered in the United States. The group is expanding its real estate services to now include property owners in Ohio, Pennsylvania, or other states, who have been offered, or soon will be offered money to sell their mineral rights to a energy company, or ...
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01/21/2012 - Ohio annual home sales increase slightly in 2011
Data from a real estate listing service shows home sales in Ohio last year increased in comparison with the previous year for the first time since 2005.
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01/13/2012 - Amberwood Manor Nursing Home sold
The owner-operator of Amberwood Manor Nursing Home, 245-251 S. Broadway, recently sold the property to Ohio Pennsylvania Property, a real-estate trust, for $3.7 million, but will continue to operate the facility.
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01/13/2012 - Office park planned for site near Pittsburgh International Aiport
A 40-acre plot of land near Pittsburgh International Airport could be the site of the next big office park under a plan being advanced by two developers. Columbus, Ohio-based Continental Real Estate Cos. is teaming with Chaska Property Advisors of Cranberry to erect five to eight office buildings adjacent to the Cherrington business park in Moon.
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01/12/2012 - Report: Butler County Tops For Foreclosures In Ohio
A real estate company says Butler County was the tops in Ohio last year, but not in a category the county is likely to promote.
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01/10/2012 - Blackstone and DDR form Joint Venture to Acquire EDT Retail Portfolio for $1.4 Billion
BEACHWOOD, Ohio , Jan. 10, 2012 /PRNewswire/ -- Affiliates of Blackstone (NYSE: BX - News) and DDR Corp. (NYSE: DDR - News) today announced the formation of a joint venture to acquire a portfolio of 46 shopping centers ...
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01/11/2012 - SPIRE seeks relief on real estate taxes
A decision on a real estate tax exemption request for the SPIRE Institute in Harpersfield Township remains pending with the Tax Commissioner of Ohio 20 months after it was filed.
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01/11/2012 - Housing is coming back, says economist
The central Ohio housing industry is on the rebound, a national economist told 650 Columbus-area bankers, real-estate agents and builders yesterday.
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01/05/2012 - HSB Architects + Engineers offering workshop series
HSB Architects + Engineers will offer a workshop series focused on Leadership in Energy and Environmental Design education that is tailored to the needs of the Northeast Ohio real estate community.
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01/05/2012 - DDR Declares Common Share Dividend Increase for First Quarter 2012
BEACHWOOD, Ohio , Jan. 5, 2012 /PRNewswire/ -- DDR Corp. (NYSE: DDR - News) today declared its first quarter 2012 common stock dividend of $0.12 per share, representing a 50 percent increase from the fourth quarter ...
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01/04/2012 - Richard Cordray Appointment Could Play Big for Housing
By Diana Olick, Real Estate Reporter, CNBC NEW YORK (CNBC) -- Barely a few hours after the White House confirmed that President Obama would use a controversial recess appointment to install former Ohio Attorney General Richard Cordray as the director of the Consumer Financial Protection Bureau, both Obama and Cordray were sitting at the dining room table of Endia and William Eason; the Easons ...
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01/03/2012 - MFS Supply Opens Distribution Facility in Canada
SOLON, Ohio , Jan. 3, 2012 /PRNewswire/ -- MFS Supply, a leading manufacturer and distributor of securing and hardware products for contractors, real estate agents, and property managers has opened a distribution ...
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01/01/2012 - Collecting 101: A little education is the key to getting started as an art collector
P?art art, part science. That’s how central Ohio experts describe the process of building a fine-art collection.
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12/29/2011 - Alex Rodriguez Got That Kooky Knee Therapy; College Sports Sinister New Synergy
Today in sports: the Big 10 and Pac-12 close a new scheduling deal to gobble up more college sports scheduling real estate, Penn State's top choice to replace Joe Paterno passes, and Alex Rodriguez's bad knee gets the experimental blood therapy treatment in Germany.Related: Ohio State Vacates 2010 Football Wins
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12/29/2011 - Man held in Collier jail in Ohio real estate scam case
A man is being held in the Collier County Jail on charges accusing him of being part of an Ohio real estate scam.
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12/24/2011 - Mom’s Restaurant will move to new location
FRANKLIN — There was a time recently when Hilda Ratliff thought she was going to close her restaurant in Red Lion and finally retire.Ratliff, who owns Mom’s Restaurant where Ohio routes 122, 123 and 741 converge in Red Lion, was told by the Ohio Department of Transportation almost five years ago that her property was going to be needed for a $4.9 million intersection improvement project.
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12/23/2011 - Title agent accused of stealing $360,000 in funds
A Washington Twp. woman faces two years in prison for the theft of close to $360,000 in escrow funds while working as a title insurance agent in Springboro, Ohio Lt. Gov. and Insurance Director Mary Taylor announced Friday.Pamela S. Moore, 44, was ordered to surrender to Montgomery County authorities on Dec. 28 to begin a two-year term in the Ohio Reformatory of Women in Marysville.
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12/24/2011 - Grove City trying new marketing bait
While central Ohio tries to distance itself from cowtown imagery, Grove City is embracing a down-home image with a “fruit box” for businesses contemplating relocation.
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12/21/2011 - North Shore site appraised lower than expected
The Steelers and an Ohio developer could pay $900,000 for a public parking lot where they plan to build restaurant and office space in 2013, according to a land appraisal released on Wednesday.
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12/21/2011 - Developer challenges estate's historic status that raises cost of bridges
A real estate developer is asking for a controversial estate to be stripped of its historic standing, alleging that state and Jefferson County officials sought the listing decades ago in an effort to block the completion of Interstate 265 and an eastern Ohio River bridge.
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12/21/2011 - 2 Ohio men guilty in what investigators call one of nation’s largest mortgage fraud cases
CLEVELAND — Authorities say two Ohio men have pleaded guilty to mortgage fraud crimes covering $50 million in real estate transactions, $44 million in fraudulent loans and $31 million in profits. Prosecutors say Uri Gofman, Anthony Capuozzo and businesses they operated pleaded guilty Wednesday in Cleveland in what investigators call one of the nation’s largest mortgage fraud cases. Read full ...
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12/21/2011 - 2 Ohio men plead guilty in huge mortgage fraud
Authorities say two Ohio men have pleaded guilty to mortgage fraud crimes covering $50 million in real estate transactions, $44 million in fraudulent loans and $31 million in profits.
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12/19/2011 - Gas, oil boom boosts real-estate markets
Interest in eastern Ohio’s potential for producing oil and natural gas from the Utica shale has been drawing people to the area for nearly two years. Now companies are opening offices and bringing in workers, and local real estate companies are selling houses and renting space.
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12/17/2011 - Former county worker indicted
NEWARK, Ohio — A longtime Licking County employee who resigned last month while authorities investigated a theft from the county recorder’s office has been indicted.
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12/16/2011 - Ohio Presidential Primary 2012 Date Changed
The Ohio General Assembly approved a measure to combine the two scheduled 2012 primaries into a single date, according to the Cincinnati Enquirer. Yesterday House Bill 369 repealed the change to two primaries which would have pushed Ohio's 2012 Presidential primary into June. The change from the traditional "Super Tuesday" date was deemed necessary because the new political redistricting map was ...
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12/17/2011 - Halliburton coming back to Ohio
Halliburton Co. plans to bring about 300 jobs over three years to the Zanesville area, enticed by the expected growth in Ohio’s growing oil and natural gas industries.
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12/15/2011 - DDR Appoints Luke Petherbridge as Senior Vice President of Capital Markets
BEACHWOOD, Ohio , Dec. 15, 2011 /PRNewswire/ -- DDR Corp. (NYSE: DDR - News) today announced the appointment of Luke Petherbridge as senior vice president of capital markets. In this role Mr. Petherbridge will ...
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11/29/2011 - Ohio first to offer home value protection insurance
YOUNGSTOWN, Ohio - Ohio homeowners are the first in the nation who can buy home value protection insurance. This new coverage is designed to protect homeowners from an uncertain real estate market.
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12/10/2011 - Ohio’s housing vacancy rate up 50 percent in past decade
Ohio’s housing vacancy rate jumped 50 percent between 2000 and 2010, the 10th largest leap among the states and far above the U.S. average of 33 percent, the Government Accountability Office said last week.The increases in vacancies are costly to taxpayers, the GAO noted, straining community services like police and fire protection and sometimes requiring taxpayer-funded maintenance and ...
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12/09/2011 - Rock Ohio Caesars to buy Ritz-Carlton in downtown Cleveland, acquires 250 Huron offices
The casino developer will pay $36.5 million for the hotel. On Friday, Rock Ohio Caesars took control of the 250 Huron office space beneath the Ritz.
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12/09/2011 - Forest City to Sell The Ritz-Carlton Cleveland Hotel
CLEVELAND, Dec. 9, 2011 /PRNewswire/ -- Forest City Enterprises, Inc. (NYSE: FCEA and FCEB) today announced that it has agreed to sell the 206-room Ritz-Carlton Cleveland hotel at Tower City Center to a subsidiary of Rock Ohio Caesars, LLC, for a total of $36.5 million,...
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12/01/2011 - Fitch Rates Aurora, Ohio ULTGOs 'AAA'; Outlook Stable
NEW YORK--(BUSINESS WIRE)--Fitch Ratings assigns an 'AAA' rating to the following unlimited tax general obligation bonds (ULTGOs) of Aurora, Ohio: --$4.675 million ULTGO real estate acquisition refunding bonds, series 2011. The bonds are expected to sell via negotiated sale on or about Dec. 8, 2011. Proceeds are being used to refund outstanding series 2002 bonds. In addition, Fitch affirms the ...
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11/29/2011 - Obituary: Stuart Mardis
Stuart William Mardis, 57, of Loveland, Ohio, formerly of Dayton, died Nov. 26, 2011, at St. Elizabeth Hospital. He was a real estate investor.
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11/23/2011 - Title Underwriters are Ready to Support Real Estate Recovery
COLUMBUS, Ohio, Nov. 23, 2011 /PRNewswire/ -- September 30, 2011 results indicate that Title underwriters may be exhibiting stabilization, as Title underwriters reported approximately $3 billion in policyholders' surplus, a 2.9 percent increase over December 31, 2010. "Although a...
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11/21/2011 - 30,000 NE Ohio homes await demolition
Local lawmakers believe more federal demolition funds must be found to stop the dramatic drop in Northeast Ohio property values.
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11/18/2011 - Rick Perales files to run for Ohio House seat held by Jarrod Martin
Greene County Commissioner Rick Perales will run for the Ohio House of Representatives seat held by embattled fellow Republican Jarrod Martin .Perales, 52, is the director of campus planning and real estate at the University of Dayton.
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11/16/2011 - Giant Eagle names new CEO
The Akron area and Northeast Ohio are keys to Giant Eagle’s future and the area will continue to see major investments from the Pittsburgh-based grocer, its next chief executive officer said Wednesday.
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11/11/2011 - 36 Cuyahoga County, Ohio, Foreclosure Appraisers Fired
The aftermath of the largest public corruption case in Ohio prompted the firing of 36 Cuyahoga County foreclosures appraisers on Thursday. The undercover FBI sting -- which netted more than 70 public officials, union leaders and school administrators three years ago -- is still impacting the northern Ohio region. A December trial date may be delayed once again due to pending new indictments.
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11/08/2011 - Switzerland Renewal Levy Fails Amid New School Construction
New schools are being built throughout Monroe County, but voters in the Switzerland of Ohio Local School District rejected a 2.5-mill levy for improvements and equipment Tuesday. Since it was a renewal levy, it would not have raised real estate taxes throughout the district, which encompasses the entire county and some areas of Belmont and Noble counties. Unofficial election results late Tuesday ...
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11/08/2011 - Two-Man Kidnapping Rule Helps Debut the New Ohio Theatre
Hearts broke downtown last year when the Ohio Theatre closed its doors, yet another sad casualty of the real estate machine. A Soho staple that housed early works by Tony Kushner and Mark Morris as well as companies such as Target Margin and New Georges, the expansive, loft-like space gave the impre...
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11/01/2011 - No tax exemption for Ohio State building, Supreme Court says
Ohio State University cannot claim a property tax exemption on a two-story building it is renting out to residents and a business, the state Supreme Court ruled 7-0 today.
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11/01/2011 - Ohio's millionaire group, earnings shrink in 2 years
According to the Dayton Daily News, the number of Ohio millionaires decreased by 43 percent in only two years.
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11/01/2011 - Monroe County officials seeking to attract jobs
WOODSFIELD - In an effort to attract new jobs and business investment, the Monroe County commissioners took action Monday to submit a grant application to the Ohio Department of Development on behalf of Hannibal Real Estate LLC. The application is seeking funds through the Ohio Job Ready Sites Program. In a letter to Sheena Metzger, ODOD, Office of Grants and Tax Incentives, the commissioners ...
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10/29/2011 - Battle over North East Ohio Girl Scout camp closures comes to a head today
A band of protesters who disagree with the Girl Scout board's decision to close down four Northeast Ohio campgrounds has forced an emergency meeting Saturday that could possibly halt the camp sales.
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