Suites Magazine: October 2009

SuitesPublished by the Northeast Ohio Apartment Association Fall 2009

Don’t Let TheBed Bugs Bite

Cleveland Housing Court’sJudge Pianka

•Events Calendar

•Vacancy Rates

•Property Transfers

•Eviction Index

AholaPayroll ServicesJeffery Alhola(440) 717-7620 x 147

RounstoneInsuranceMike Schroeder(440) 617-0333 x 233

HH GreggAppliancesStu Kaine(216) 276-0436

Interstate Gas SupplyNatural Gas SupplyScott Arthur(877) 923-4447 x 2605

Careworks Consultants, Inc.Workers CompensationJohn Motil(216) 606-1100

North Shore EnergyNatural Gas SupplyGary Greulich(330) 807-4438

Group Real savings on products and services you use daily.

“We save thousands of dollars through group purchasig every year.”

Robert Sorin, President, Royal American Group

Are you taking advantage of one of your most valuable NOAA benefits?

Are you taking advantage of one of your most valuable NOAA benefits?

GroupPurchasing

North Shore EnergyNatural Gas Supply

H. Leff Electric CompanyElectrical SuppliesGeorge Griffith(216) 432-3000 x 260

The Sherwin Williams CompanyPaint & CarpetMike Finazzo or Chuck Jenninnson(216) 271-6111

First CommunicationsTelephone Service, DSLBill Kimble(800) 203-7181

NOAANortheast Ohio Apartment Association

Table of Contents Summer 2009

Welcome New Members

Executive Vice President’s Message

Calendar of Events

Eviction Index

Holding Court in a Crisis

Property Transfers

Advertising Index

Page 18

Page 20

Page 12

Page 14

Page 10

Vacancy Rates Page 11

Page 7

Page 9

Executive OfficersPresidentNick SecueZaremba Management Co.

Immediate Past PresidentChristopher SmytheSmythe Property Advisors

President-ElectRobert SorinRoyal American Group

Vice PresidentDan MoskowitzWestern Reserve Property Management

TreasurerJoe AnzaloneConsolidated Management

SecretaryClaudia MaddenUGP Properties

Presidential AppointeeCharles SchullmanCarlyle Management Company

Associate Council AppointeeDavid NealeRoto Rooter

Association StaffRalph McGreevyExecutive Vice President

Jacqui Bongiovanni Project Manager

Maren GuseProject Managerof Media and Marketing

Page 26

The Northeast Ohio Apartment Association is a non-profit organization committed to furthering professionalism in the multi-family house industry. NOAA serves sixteen Ohio counties through specially designed education, networking and legislative programs.

Contact NOAA

1468 West Ninth StreetSuite 110Cleveland, OH 44113

Phone: 216.241.1635Toll-Free: 800.506.2256Fax: 216.241.1636Web: noaamembers.com

NOAA Online

Website: noaamembers.comBlog: noaamembers.blogspot.comTwitter: twitter.com/noaamembersFacebook Group: Northeast Ohio Apartment Association Printing: Northern Ohio Printing

Cover Photo: Maren Guse

Page 24

The Apartment GuideApartments.com

ARS Plumbing & Rescue Rooter

Belfor USACORT

DSI TechnologiesFirst Advantage SafeRent

For Rent

HH GreggIGS Energy

Javitch, Block & RathboneNationwide Insurance

The Plain DealerPowers Friedman Linn,

PLLThe Sherwin Williams Co.

Time Warner Cable

The President’s Circle

By: Shawn Rech

The Bed Bug Problem

Problem Solving: OdorBy: Maren Guse

By: Charles Schulman

7New Members

Active PlumbingChuck Rathburn216 Richmond St.Painesville, OH 44077(440) 352-4411

Boiler SpecialistsGregory Holtz1669 Merwin AveCleveland, OH 44113(216) 251-5151

Certified Pest ControlSteve Kmetz4439 State RdCleveland, OH 44109(216) 739-0436

Welcome New Associate Members!

Power AlarmWilliam Oliver25086 Lakeland BlvdEuclid, OH 44132(216) 289-5600

J&R FloorsErrol Torres14614 Pearl RdStrongsville, OH 44136(440) 846-1470

Kaiser PermenenteRay DeAngelis1001 Lakeside Ave Cleveland, OH 44114(216) 479-5508 One 2 productsDan Nash4113 Giles Rd.Chagrin Falls, OH 44022(440) 539-5106

designFITNESSKelly NaylorP.O. Box 398Lewis Center, OH 43035(740) 548-7033

RestoreProSteve Regovich319 Industrial Pkwy.Sandusky, OH 44870 (877) 371-0201

Warren RoofingBill Bare7015 Krick Rd.Walton Hills, OH 44146(440) 439-4404

9Message from the Executive Vice President

Ralph McGreevyExecutive Vice PresidentNortheast Ohio Apartment Association

Ralph McGreevyNOAA Executive Vice President

Dear Members,

This has been a big year of change for NOAA, positive change!

The Education Committee and staff put their heads together to make significant modifications to The Key Awards in judging, award criteria and the ceremony itself. All indications are it was a great success. The banquet had a huge turnout, and everyone appreciated the reduced categories and video-based presentation, both of which lowered the time needed to present the winners’ awards from 140 to 50 minutes.

As most of you know, the show will soon be televised. This is part of our plan to put the industry’s “best foot forward.” The key Awards are , in all actuality, a peer review that has caused change and improvement in local properties every year since their inception. Why not share the winners with the general public,

many of whom are potential residents? Look for the program soon on Time Warner and Cox Cable’s FREE ON DEMAND sections. We also plan to air the program as an infomercial on a local network affiliate. Stay tuned for details.

We had a great Casino Night in October. We packed the room at Hawthorne Valley Country Club and everyone had a great time.

The Advertising and Public Relations staff position has finally (after two years of Shawn “temping”) been filled. Maren Guse has a degree in photojournalism from Syracuse University and is already making a positive impact. Be sure to meet her at the next event you attend!

We made a breakthrough in group purchasing. Our gas program results in huge energy savings for many of our members, but, until now, we never had a meaningful electricity program. I am pleased to announce that we’ve secured a deal with North Shore Energy that includes savings that pick up where most available plans leave off. Please call me for details on this exciting new group purchasing program.

I look forward to seeing all of you at our upcoming trade show at Windows on the River. Attendance has been on the rise, and we hope to continue the trend this year.

As always, if there is anything the team or I can do for you, our valuable members, please don’t hesitate to ask!

10

October 9thOctober 14thOctober 22nd

November 5thNovember 13thNovember 19th

December 3rdDecember 11thDecember 12th

January 15thJanuary 22nd

Associates Council MeetingNOAA Casino Night and ClambakeExecutive Committee Meeting

NOAA Annual Trade ShowAssociates Council MeetingExecutive Committee Meeting

NOAA Board MeetingAssociates Council MeetingLake County Holiday Party

Associates Council MeetingInstallation Banquette

CORT Furniture WarehouseHawthorne Valley Country ClubTBA

Windows on the RiverCORT Furniture WarehouseTBA

TBATBAMentor Harbor Yahcht Club

TBATBA

Happy New Year’s 2010!

Calendar of Events

11Vacancy Rates

Area

Entire Region

Northeast

Southeast

South/Southeast

Northwest

Southwest

May AugustJulyJune

8.70%

9.60%

8.10%

6.10%

7.00%

8.00%9.50%

16.10%

10.10%

9.30%

6.50%

7.50%

7.80%

11.10%

8.60%

4.90%

9.10%

7.40%

8.40%

11.20%

8.10%

5.50%

7.00%

7.90%

September

9.60%

10.20%

8.80%

5.10%

6.70%

8.30%

12 Eviction Index

About the Eviction IndexThe Suites Magazine Eviction Index is presented to owners and managers of multifamily properties to assit them in assessing the regional market. The numbers represent the number of eviction filings in the corresponding courts. The Eviction Index is sponsered by Powers Friedman Linn, PLL, a law firm specializing in real estate management issues.

Court

BedfordClevelandEuclidLakewoodParmaPainesvilleTotal

April

174873111698743

1,357

May

135959104849143

1,416

June

160110511312315142

1,717

July

183110213811012346

1,702

August

1419161139510737

1,427

Filings by Month

Filings April May June July August

1,000

1,2001,3001,4001,5001,6001,7001,8001,900

“If the crisis ended tomorrow, we’d be dealing with the fallout for another five to ten years.”

Holding Court in a CrisisCleveland Housing Court Judge Raymond Pianka

Photos by: Maren Guse

By: Shawn Rech

In Cleveland alone, there are over 10,000 vacant homes.

15

The job of municipal housing judge is a difficult one and has become even more difficult in the past eight years with the increasing number of foreclosures. Housing Court dockets include both civil and criminal cases. Renters find themselves unable to pay rent and face eviction. Criminal cases consist of tickets and violation notices issued by the City of Cleveland.

In 1996, Raymond Pianka, a longtime west side councilman, ran and was elected Judge of the Cleveland Municipal Housing Court. In the 13 years since he was first elected, Judge Pianka has worked diligently to improve Cleveland’s neighborhoods, and he is doing so in the typhoon of the housing crisis, a storm in which Cleveland finds itself one of America’s hardest-hit cities.

Judge Pianka is a lifelong Clevelander, having grown up in the ethnically and culturally diverse Detroit- Shoreway neighborhood which includes Italians, Hispanics, Vietnamese, Irish, Romanians, Hungarians and other nationalities. He graduated from West High School – a Cleveland Public

School – and earned both his undergraduate and law degrees at Cleveland State University.

In 1985, Judge Pianka was elected councilman of his neighborhood, Ward 17. He was reelected twice without opposition, and served through 1995. During his tenure on Cleveland City Council, Judge Pianka served as chairman of the Community and Economic Development Committee, and chairman of the Legislative Committee.

After his 1996 election to Housing Court, Judge Pianka

became proactive in heading off some of the court’s more preventable cases. He did so through education and outreach, creating the following initiatives:

The Court’s Landlord Seminar Workshop is conducted in partnership with us here at the Northeast Ohio Apartment Association and is a series of seminars designed to educate

landlords as to their (and their tenants’) rights and responsibilities. The Housing Code Enforcement Advocates Forum is a series of meetings in which housing topics of particular concern to neighborhood organizations are discussed.

“How To” videos and newsletters, designed and published by The Court,

educate the public on topics concerning home maintenance, the law and the navigation of Housing Court. (To view a listing

of initiatives, see page 17.)

These programs and others would help to educate plaintiffs and defendants alike, creating a better understanding of the law, expectations and responsibilities. These were the days when plaintiffs and defendants were individuals – individuals who showed up for court. Little did anyone know at the time that

“In my 13 years on the bench I’ve had over 60,000 cases on our criminal docket, and I don’t believe a single one of them involved a NOAA member.”

“I’ve seen 30 years of value-building community development work wiped out in a few years.”

Judge Raymond Pianka

16

these would soon be referred to as “the good old days.”In recent years, Cleveland has found itself at the epicenter of the mortgage crisis earthquake. Judge Pianka explains, “Cleveland had a very high concentration of sub-prime lenders, because traditional financial institutions were pulling out of the market. There was a change in how loans were given and who they were given by – from regulated banks to unregulated investment companies.”

The result? Many homeowners who couldn’t pay their escalating mortgages abandoned their homes in anticipation of foreclosure. The new institutions viewed a home as a small part of an aggregate – an asset that could be chalked up as a loss and abandoned, like so many midwestern factories.

The numbers are staggering. There are over 10,000 abandoned homes in the city of Cleveland. In some neighborhoods, one in six houses stand vacant, usually stripped of their scrap-able alloys (especially plumbing and aluminum siding). Many of these homes are unrepairable,

and the institutions that hold their deeds know it.This resulted in the equivalent of a new “penny stock”

market: Cleveland’s foreclosed homes. Speculators from other states have swooped in and purchased the deeds of thousands of foreclosed homes, many between $500 and $1,500 each on eBay, in hopes of selling them when the market recovers. Some more ambitious speculators believed they could easily rent out these homes and ride out the market while collecting a handsome return on their investment.

“These aren’t baseball cards,” says Pianka, “and these homes’ new owners are quickly

realizing that their assets need repairs that they can’t afford.” What’s happening as a result? Decaying neighborhoods, and,

when push comes to shove, another round of abandonment. The difference this time is that owners are being held accountable.The housing crisis has

changed the court’s day-to-day operations. Cases and challenges are up, forcing the court to find new ways to deal with problems. “Through it all, we run a court that knows what’s going on, has a memory of what’s happened in the past, and is accountable,” he explained.

It’s difficult to work through these problems in a city that was on an upswing. “I’ve seen 30 years of value-building community development work wiped out in a few years,” said Pianka. “If the crisis ended

“NOAA members treat ownership like a business, not a game.”


17

tomorrow, we’d be dealing with the fallout for another five to ten years.”

Judge Pianka wishes the new crop of out of town owners ran their businesses like NOAA members do. “NOAA members treat ownership like a business, not a game. Furthermore, preserving their asset

is extremely important to them, and that helps everyone involved.” He pays NOAA members the highest compliment when he says, “In my 13 years on the bench I’ve had over 60,000 cases on our criminal docket, and I don’t believe a single one of them involved a NOAA member.”


Placards

Evictions/Clean Hands

Comprehensive Plea Agreements

Outstanding Fees/Lien

Foreclosure Against/

Bankruptcy of Defendants

Property Owner Letters Court Community Service

Corporation Docket

Housing Court Foreclosures

Cleveland typically names the corporation as the defendant rather than corporate officers.

Signs are placed on these homes with city

contact information and no trespassing notices.

Parties seeking equitable relief must not be

guilty of reprehensible conduct.

In addition to the property cited, defendants are

encouraged address all problem properties.

In criminal cases, the defendant is required to pay for grass cutting and boarding of the property, instead of using money

from taxpayers.

Foreclosures and bankruptcy do not relieve

property owners of their responsibility

to keep the property up to

code.

Letters are sent to prop-erty owners reminding

them of their rights and responsibilities in

maintaining a foreclosed property.

New rules to ensure property owners are not

left behind in the process. Seminars are available to

explain the process.

Offenders are required to complete community

service hours spent fixing up vacant properties.

Cleveland Housing Court Initiatives

18

A Bio Healthy Home Solutions, a NOAA member, specializes in odor removal and disinfecting apartment suites and common areas. Their product claims to remove all odors and kills most bacteria.

We decided to put owner Tim Manoa to the test. He was asked to demonstrate their capabilities on a problem suite located at 200 West apartments in Fairview Park. Janene Kubit, owner and manager of 200 West, was skeptical of their solution. “We have tried everything in this suite to remove the heavy cooking and incense odors,” said Kubit.

Previously the maintenance staff at 200 West had sealed the walls with Kilz and cleaned the carpet twice with no success. The next step would have been to replace the relatively new carpet, but that might not have solved the issue either.That is when A Bio Healthy

Solutions was summoned to 200 West by NOAA to prove their product. Manoa and his team wearing a white biohazard suits closed the suite and sprayed their product throughout the suite including the air conditioning ducts, cabinets and the coils on the back of the

refrigerator. The staff was told not to enter the sealed suite for eight hours. The next day Manoa, his team and the 200 West staff opened the door to a normal smelling unit. “It smelled so clean I was amazed,” said Kubit. Their leasing staff is now showing the unit which had been off the market for months.

“The next time we come across something like this or unusual or smoking odors, we will call A Bio Healthy Home Solutions before spending money on anything else,” Kubit said.

Problem Solving:

“It smelled so clean I was amazed.”

To learn more about this service call Tim Manoa at (440) 223-2918 or email A Bio Healthy Home Solutions at [email protected].

For information, visit www.abiohhs.com.

By: Maren Guse

Photo by: Maren Guse

Odor

By: Maren Guse

By: Maren Guse

The Bed Bug Problem

There is a problem that is nearing epidemic proportions in many parts of the country that has found its way to Southwestern and Central Ohio. Bed bugs, which most of us thought was only a mother’s threat to her children, have become a real problem that many property owners are struggling to control. In the 1950’s an attempt to eradicate the problem in the United States was successful, however it appears that the problem has risen again due to international travelers bringing the pesky insects back with them. The rapid spreading has caused an industry wide concern.

In Dayton, after two years of unsuccessful attempts to curb a growing bed bug problem, all 180 suites of the Biltmore Apartments had to be emptied to allow for a total building fumigation. Terminix was brought in to fumigate the 18 story building with Vikane gas. The owner of the property, AIMCO, had spent the two previous years attempting

to locate the source of the infestation and treat it suite by suite and floor by floor to no avail. Only a full building fumigation was determined to be able to curb the problem at a cost that included not only the exterminator’s expense but the cost to temporarily relocate the residents of the 180 units.

Tom Hut, of the Public Health Department for Dayton and Montgomery County, reported that tenants of apartments were calling over a dozen times each day about bed bugs. This number is up from a dozen calls per average week in 2008.

The Central Ohio Bed Bug Task Force has an website which lists the myths about bed bugs. On it, they dispel the myth that bed bugs are only a problem in low income housing, that bed bugs carry diseases, that simple pesticides or flying insect bug bombs will help kill bed

bugs. Bed bugs can be found anywhere and can be carried home after sleeping in a hotel, flying on a plane, sitting in a movie theater or through many other points of contact. While they are aggravating, they do not carry disease, they simply bite and create itching that is distracting and ultimately painful. There are no simple methods to kill bed bugs that are successful in eradicating their nests. Awareness of the problem and decisive action is the only way to stop the continued growth of the problem.

The Columbus Dispatch reported last Fall that Bill Willis, a local lawyer representing many property owners, is being contacted three to five times a day regarding bed bug problems. Wills said the Columbus Apartment Association is encouraging tenants to sign papers acknowledging that their home was pest free at move-in and that the residence they had moved from was pest free as well. He estimated that members of the association are spending a combined

Don’t Let The Bed Bugs Bite

Why Bed Bugs Are A Problem And How To Get Rid Of Them By: Charles Schulman

21Don’t Let

The Bed Bugs BiteWhy Bed Bugs Are A Problem And How To Get Rid Of Them

$1,500,000.00 on bed bugs annually.The Dispatch article also stated that every fire station in Cincinnati has been found to be infested and Ken Sharkey, of the Cincinnati Health Department, was quoted as saying that one assisted living unit was found to have 30,000 bed bugs in one room.

One thing that exacerbates the problem is that often those who have bed bug problems are embarrassed and attempt to solve it themselves. Only when the problem is overwhelming turn to their landlord for professional extermination.

Stopping the Bed Bugs

The bed bugs usually feed at night as people are sleeping. They, like mosquitoes, feed on human blood. Since they are roughly the size and shape of an apple seed, they are easily seen. The problem is that the rust colored bugs often hide when there is light and can easily fit in cracks and in furniture. Again, like mosquitoes, they gorge themselves and become fat and their color changes as they feed. Unfortunately part of the problem in eradicating them is that they can go for long periods, even several months,

without feeding again.It is important to understand that the only successful way to treat a bed bug infestation is to thoroughly disinfect and eliminate the areas where they nest and hide. It is best to vacate the rooms being treated and to be extremely careful with the treatment so that it is complete. Missing one or two bugs will allow them to reproduce again, and all earlier efforts will be wasted. It is recommended to only treat the seams of furniture; do not simply treat all the areas where they have been, and do not spray pesticides all over mattresses and other furniture.

The New York Department of Health and Mental Hygiene put out a brochure that helps explain the problem and how to deal with it. A portion is reprinted below:

How To Get Rid of Bed Bugs:

1. Find out where bed bugs are hiding in your home.

Use a bright flashlight to look for bed bugs or their dark droppings on bedroom furniture.

Or use a hot hair dryer, a thin knife, or a playing card to force them out of hiding spaces and cracks.

Check: • Behind your headboard.• In the seams and tufts of your mattress and inside the box spring.• Along bedroom baseboard cracks.• In and around nightstands.• Other bedroom items, including window and door casings, pictures, moldings, nearby furniture, loose wallpaper, cracks in plaster and partitions, and clutter.

2. Clean areas where bed bugs are likely to hide.

• Clean bedding, linens, curtains, rugs, carpets, and clothes. To kill bed bugs, wash items in hot water and dry them on the highest dryer setting.

Don’t Let the Bed Bugs Bite

22

Soak delicate clothes in warm water with lots of laundry soap for several hours before rinsing. Wool items, plush toys, shoes, and many other items can be placed into a hot dryer for 30 minutes.

• Scrub mattress seams with a stiff brush to dislodge bed bugs and their eggs.• Vacuum mattresses, bed frames, nearby furniture, floors and carpets. Pay special attention to cracks and open spaces. Immediately after vacuuming, put the vacuum cleaner bag in asealed plastic bag, and dispose of it in an outdoor container.• If you find bed bugs on a mattress, cover it with a waterproof, zippered mattress cover labeled “allergen rated,” or “for dust mites.” Keep the cover on for at least one year.• If your box spring is infested, seal it inside a vinyl box spring cover for at least one year. Ifno cover is available, throw the box spring away.• Dispose of infested items that cannot be cleaned and get rid of clutter. Seal tightly in a plastic garbage bag and discard in an outside container.• Repair cracks in plaster and repair or remove loose wallpaper.

3. Be very cautious about using pesticides yourself.

Pesticides can be hazardous to people and pets. If you choose to use a pesticide, or a licensed pest control professional suggests you use one, follow these precautions:

• Only use pesticides clearly labeled for bed bug extermination. Never use a cockroach spray,ant spray, or any other pesticide that does not list bed bugs on the label.• Follow label instructions exactly.• Never spray pesticides on top of mattresses or sofas, or in areas where children or pets arepresent.• Never purchase or use a product without a manufacturer’s label and never buy pesticidesfrom street vendors.• Avoid using “insecticide bombs” and “foggers” in your home. These products can spreadhazardous chemicals throughout your home, and are not likely to be effective against bed bugs.

How To Keep Bed Bugs Out of Your Home:

• Wash clothing and inspect luggage immediately after returning from a trip.• Inspect used furniture for bed bugs before bringing it into your home.• Never bring discarded bed frames, mattresses, box springs, or upholstered furniture into your home.

How To Keep From Infesting a Guest’s Home:

• Never resell or donate infested furniture or clothing.• If you throw infested furniture away, make it undesirable to others by cutting or pokingholes in its upholstery or making it unusable. Tape a sign to it that says, “Infested with Bed Bugs.”

23

Ohio’s Plan of Action:

State Senator Eric H. Kearney of the 9th District, representing Hamilton County, after review of Senate Bill 45, has decided that further study and consideration is necessary. It is assumed, but not certain, that a 13 member task force will be appointed to study the bed bug problem and make recommendations on how to proceed. The Ohio Apartment Association hopes to be able to have one of their members appointed by the Governor

to the task force so that input of a practical nature is given and those who have to bear a substantial expense are adequately represented.

The task force would: have one year to analyze the impact of bed bug infestations, describe the best way to eradicate the problem, and make recommendations on how to effectively monitor infestations, how to safely and effectively treat the problem with chemicals, how government agencies can assist with the

problem, whether additional legislation is needed, and which agencies shall be charged with the enforcement of laws and ordinances enacted pertaining to controlling bed bug infestations.

It is anticipated that a decision regarding the task force will be made still this year and before the Senate recesses for the winter holidays.

Don’t Let the Bed Bugs Bite

24 Property Transfers

1015 Neville Ave1113 Ackley St120 Grand Ave153 Annadale Ave157 Casterton Ave160 S Arlington St163 Casterton Ave1886 Ford Ave207 Beck Ave2244 14th St SW23 S Balch St242 Mcgowan St53 S Balch St56 N Arlington St572 E Buchtel Ave612 E Buchtel Ave760 Chalker St3442 Green Rd1001 E 141st St1043 E 71st St1105 Norwood Rd1106 E 63rd St11124 Clifton Blvd1115 Norwood Rd11305 Union Ave1181 Hayden Ave1189 E 80th St11915 Ashbury Ave

AkronAkronAkronAkronAkronAkronAkronAkronAkronAkronAkronAkronAkronAkronAkronAkronAkronBeachwoodClevelandClevelandClevelandClevelandClevelandClevelandClevelandClevelandClevelandCleveland

Neville Apartments LLCMentor Housing LLCDak Ents Of Ohio LLCKasper Properties LLCKjc Management LLCOption One Mtg Loan Trust 2007-3Kjc Management LLCUs Bank Na 2006-S3Short Margaret TRealholdings LLCBernzweig JenniferFirst Akron Properties LLCNinth Street Holdings Vi LtdEmmanuel Fellowship ChurchDonald K Pond LtdMcCabe JohnOptimum Realty CorpCanterbury Villas 1 IncJones MarioJjh Real EstateUs Bk National AssnCru Alpha Properties LLCSlone Charles DSaint Martin De Porres High ScDream House Investment LLCBoyd JoyceCity Of ClevelandPinnacle Financial Svcs LLC

Site Address City New OwnerCHF PROPERTIES LLCROGERS DAVID MGONZALES LAZAROFEDERAL NATL MTG ASSN FNMAREYNOLDS WILLIAMSTEWART TAMMERA PREYNOLDS WILLIAMSWEITZER THOMAS ASHORT CHARLES R SR TRUSTBLUE SPRUCE ENTITIES LLCRENAISSANCE HOME EQUITY 2006-4FEDERAL NATIONAL MORTGAGE ASSNNORTH AKRON SAVINGS BANKMANLEY SCOTT DFEDERAL NATL MTG ASSN FNMANCB FSBATFH REAL PROPERTY LLCBUSCH WENDY MCLEVELAND RESTORATION GROUP LLCSMITH ANGELA DIVY BETTIELASALLE BANK NACLIFTON ROSS LTDYORK FAMILY LP LTDVISIO CAPITAL LLCTHE UNIVERSAL ISLAMICBURWELL DEVONNPLYMOUTH PARK TAX SERVICES LLC

Previous Owner Sales Price Units$320,000.00$74,025.00$62,000.00$10,106.00$405,000.00$50,000.00$405,000.00$46,000.00$86,000.00$5,800.00$25,000.00$2,500.00$85,000.00$20,000.00$8,900.00$6,400.00$325.00$25,000.00$6,000.00$9,800.00$334.00$655.00$139,045.00$375,000.00$251.00$100.00$965.00$10,000.00

064504040266404005445410441106

Site Address City New Owner Previous Owner Sales Price Units12420 Union Ave1247 E 124th St12702 Gay Ave1309 E 85th St13213 Ferris Ave1359 W 95th St1363 W 95th St1367 E 53rd St1371 E 86th St1375 E 86th St1377 W 80th St14315 Milverton Rd1438 E 26th St15110 Triskett Rd15222 Macauley Ave1534 E 81st St15446 Lake Shore Blvd15610 Pythias Ave15633 Kipling Ave16025 Saint Clair Ave16039 Saint Clair Ave1666 Delmont Ave17802 Lake Shore Blvd17916 Delavan Ave1875 Willowhurst Rd1908-1916 W 57th St1928 W 65th St1936 Euclid Ave

ClevelandClevelandClevelandClevelandClevelandClevelandClevelandClevelandClevelandClevelandClevelandClevelandClevelandClevelandClevelandClevelandClevelandClevelandClevelandClevelandClevelandClevelandClevelandClevelandClevelandClevelandClevelandCleveland

Deco Construction LLCMidfirst BkM & M Properties R & E TrustPark 85 Realty LLCLandmark Reo Club LLCBastawros Hannie & SamiaZaben HishamPmi Industries IncDiamond Housing Group LLCDiamond Housing Group LLCMalizia MatthewKri Milverton Partners LLCOperative Plasterers & CementTriskett Apartments LLCChand RaviAces Up LLCIb Property Holdings LLCUs Bank Na Series 2006-Bc4Azman Pinnacle Investments LLCMisconin Properties LLCAdams-Jones Crystal MLozitsky Vyatseslav VBcr Home Renovations IncMcCaulley Deon1983 Finance Co LLCBelow Market PropertiesHud-Housing Of Urban DevCollegetown Blue

HILL DWONELIVINGSTON CLAUDIA PFREEDOM INVESTMENTS GROUP LLCRAMILO INVESTMENTS LLC;+STRUCTURED ASSET SEC 200-SC1QUINNIE EDDIE/CAROLYNNOMURA ASSET SERIES 2005-AP3TANG MAN HANGEZ ACCESS FUNDING LLCEZ ACCESS FUNDING LLCALA REAL ESTATE GROUP INCLASALLE 2006-MF4 - REO LLCKAZANDJIEFF ILIA/KATHLEENPASALIS GEORGE K/SOPHIEAURORA LN SVCS LLCDEUTSCHE BANK TRUST CO AMERICASIB PROPERTY HOLDINGS LLCWALSTON LEE R/REGINAUS BANK NA BAFC 2006-7MARTIN WILLIAM F JR/DEBRA ABROWN BARK IHUD-HOUSING OF URBAN DEVCHRUSCINSKI LEONARDNOVASTAR MTG SERIES 2006-6FIRST NATIONAL BANK OF AMERICATHOR REAL ESTATE LLCHICKS STANFORD L1938 EUCLID AVENUE LLC

$7,500.00$53,090.00$11,400.00$903,390.00$1,000.00$23,350.00$11,000.00$80,000.00$11,000.00$11,000.00$35,000.00$350,000.00$40,000.00$275,000.00$26,500.00$500.00$33,334.00$10,000.00$12,500.00$99,000.00$23,250.00$4,000.00$40,000.00$15,000.00$98,300.00$133,900.00$30,000.00$397,855.00

445470444441247084411444846012040

25

Site Address City New Owner Previous Owner1940 W 96th St2069 W 85th St2074 W 81st St2127 W 100th St2157 W 11th St2260 E 93rd St2341 Carnegie Ave #512372 E 63rd St2495 E 89th St2756 Mayfield Rd2860 Alpine Ave3229 W 17th St3260 Warren Rd3328 W 33rd St3408 E 116th St3433 W 50th St3466 E 119th St3466 E 119th St3543 Independence Rd3556 E 116th St3557 E 131st St3575 E 117th St3579 E 75th St3627 E 116th St3695 E 59th St3716 W 13th St3893 E 57th St4119 Howlett Ave

ClevelandClevelandClevelandClevelandClevelandClevelandClevelandClevelandClevelandClevelandClevelandClevelandClevelandClevelandClevelandClevelandClevelandClevelandClevelandClevelandClevelandClevelandClevelandClevelandClevelandClevelandClevelandCleveland

United Assets LLCHernandez Alex JAlvarez Paul JHud-Housing Of Urban DevSenseny Scott M TrustJohnson Joe DCarnegie Prospect HoldingsLake Ventures LLCDream Home Investment LLCYaniv Elan & AngelaStonecrest Income & OpportunitNj Finders Keepers LLCSt Mary Romanian Orthodox CathHud-Housing Of Urban DevSmith RashawnKtc Properties LLCBank Of Ny Ramp 2003rs9Bank Of Ny Ramp 2003rs9Federal Natl Mtg Assn FnmaPlymouty Park Tax Services LLCAlvi International LLCCaldwell Michael DWalker Property Ventures LLCThedford Lacardaire MMagda Moise JrFeliciano CynthiaOpteum Mortgage Series 2005-4Hud-Housing Of Urban Dev

IB PROPERTY HOLDINGS LLCOPTION ONE MTG LOAN 2001-BBEST BUY PROPERTIES INCH U DPIVNICKA SEBASTIANGRAVELY DONALD LBIBEVSKI STEVERAND ULYESS SYOUR BETTER YEARS LLCWEINSTEIN MARILYNMIRA LLCPENNY MAC LOAN SERVICES LLC3260 MANOR HOUSE APARTMENTS LLCRIBIS ALBERT AMONOPOLY MANAGEMENT LLCUS BANK NA CLMTI 2006-WF1DUNCAN MELISSAE ADUNCAN MELISSAE ASCHNEIDER MARK HMOSS JOHN JR.US BANK NA TRUST 2005-AB1HAYDEN OTHELIAKROSKY CHRISTINEURBAN INVESTMENT GROUP INCFLEET PROPERTIES LLCWACHOVIA MORTGAGE CORPARNOLD MILES A SRPORTALATIN MARTIN A

$143,000.00$33,334.00$3,350.00$53,334.00$95,000.00$300.00$146,900.00$12,500.00$32,000.00$231,667.00$750.00$13,500.00$50,000.00$30,000.00$5,000.00$7,500.00$4,000.00$4,000.00$20,000.00$32,320.00$12,300.00$400.00$24,000.00$500.00$9,000.00$8,500.00$16,000.00$20,000.00

02444806544218064220444444444

Site Address City New Owner Previous Owner Sales Price Units4315 Bridge Ave4396 Rocky River Dr539 E 110th St5416 Homer Ave6212 Carl Ave629 E 108th St6513 Edna Ave6516 Forman Ave6618 Chambers Ave6618 Chambers Ave6624 Gertrude Ave6700 Sebert Ave6714 Worley Ave6716 Fleet Ave6720 Forman Ave6726 Fleet Ave7410 Linwood Ave7709 Superior Ave8000 Townsend Ave8011 Lucia Ave811 College Ave8117 Aetna Rd8207 Korman Ave901 E 140th St914 Ida AveSt Clair12471 Cedar Rd2756 Lancashire Rd

ClevelandClevelandClevelandClevelandClevelandClevelandClevelandClevelandClevelandClevelandClevelandClevelandClevelandClevelandClevelandClevelandClevelandClevelandClevelandClevelandClevelandClevelandClevelandClevelandClevelandClevelandCleveland Hts.Cleveland Hts.

Federal Home Loan Mtg CorpWja Properties IncStonecrest Income & OpportunitCabin Lake Properties LLCLassiter Darren B SrBlue Spruce Entities LLCScore IncM & M Properties R & E TrustJp Morgan Chase Bank NaJp Morgan Chase Bank NaJadach Michael PPhoenix Investment Group LtdBz Real Estate LLCSecretary Of Veterans AffairsPark Land Construction IncFirst Place BkDiamond Housing Group LLCCity Of ClevelandLandmark Reo Club LLCReal Holdings LLCLeneghan BartDalton Robert MWillis Lorenzo D IIISilver Leaf EntsCity Of ClevelandRoy DeborshiCicerchi Dev CoMate Kenneth P & Deborah

HUNDERTMARK DAVID JM/M AVALON LLCGMAC MTG LLCCLEVELAND RESTORATION GROUP LLHSBC BANK USA NA 2005-AR6US BANK NA TRUST 1997-CIB PROPERTY HOLDINGS LLCWALRUS PROPERTIES LLCFEDERAL NATIONAL MORTGAGE ASSNFEDERAL NATIONAL MORTGAGE ASSNJADACH DIANEMAMOUS VLADIMIRPLYMOUTH PARK TAX SERVICESMCCANTS DONALD E SRAMERIQUEST MTG SERIES 2003-X4JEFFERS JAMES LEZ ACCESS FUNDING LLCALVIS DIANAHSBC BANK USA NA TRUST 2006-3DEUTSCHE BANK TRUST CO AMERICASLENEGHAN PETER PCLEVELAND RESTORATION GROUP LLWILLIS LORENZO DBERRY CALVINTAYLOR DONALDEVANS MARK D/ELLEN GSTONE ROBERT TRUST PTRACK ELZE

$40,000.00$845,000.00$1,000.00$13,500.00$950.00$500.00$55,000.00$40,000.00$45,000.00$45,000.00$49,000.00$123,000.00$22,000.00$4,000.00$11,500.00$5,334.00$26,700.00$1,275.00$1,000.00$2,200.00$4,100.00$14,900.00$10,000.00$1,647.00$1,455.00$259,333.00$675,000.00$356,600.00

3364424840009440416404044060187

Property TransfersSales Price Units

26 Property TransfersSite Address City New Owner Previous Owner

1596 Front St1634 20th St2114 Highbridge Rd2593 3rd St341 E Portage Trl1283 E 125th St14225 Orinoco Ave14226 Orinoco Ave16007 Nelacrest Rd1675 Carlyon Rd1710 E 133rd St1721 Allandale Ave1740 Chapman Ave1872 Turner Blvd535 Abbe Rd S22300 Euclid Ave22400 Euclid Ave520 Eagle St1179 Andrews Ave14124 Detroit Ave14814 Clifton Blvd1490 Lakewood Ave14916 Clifton Blvd15115 Lake Ave15119 Lake Ave2086 Robin St1025 W Erie Ave1046 W 17th St

Cuyahoga FallsCuyahoga FallsCuyahoga FallsCuyahoga FallsCuyahoga FallsEast ClevelandEast ClevelandEast ClevelandEast ClevelandEast ClevelandEast ClevelandEast ClevelandEast ClevelandElyriaElyriaEuclidEuclidFairport HarborLakewoodLakewoodLakewoodLakewoodLakewoodLakewoodLakewoodLakewoodLorainLorain

Tida Again LLCFry Richard B Jr & Karen SCole Gary LDejulius Dennis P & Angela JKancherla AnandKeith Ross Ent LLCTormax LLCAbsolute Capital IncPerelman DanPlymouth Park Tax Services LLCKings Court LLCWilson JoshuaStrowder Qumar RWin Leasing LLCNew Kensington Square Assocs LMeadowood Park Assocs LLC 1Euclid Hillside Apartments LLCHill Dustin WHalmos John2 Of Us LLCHome S & L Co Of Youngstown OhPaolucci Giorgio & GiacomaEl-Hayek ZiadKodiak Group LLCKodiak Group LLCDamian Stefan DHumbard Kenneth GJury Brian

AURORA LN SVCS LLCDIAMOND LIFE ENT LLCFINK EUGENE D TRUSTEEFRAMMARTINO VINCENT D & ROSA MFRAMMARTINO VINCENT D & ROSA MROSS TANYANATIONAL ASSET MGMT GROUP INCNATIONAL INVESTMENT GROUPRENAISSANCE HOME TRUST 2006-1ASBERRY KELVINJY INVESTMENT LLCNATIONAL CTY BKMIHALICH JOSEPH E. JRBENDICK FRANK CCLARKWOOD APARTMENTS22300 EUCLID LLCGRAU EDMUND & LYDIABANKER DAVID MNAUMANN RICHARD L/MARY E;+MAYER W JAMES JR14814 CLIFTON LTDMILLER DAVIDNADER HANIROB-WAL CODB MIDWEST I LLCMULARZ WANDA BFIRELANDS RETIREMENTFREEDOM ESTATES LTD

$54,900.00$600,000.00$125,000.00$264,000.00$265,000.00$2,500.00$1,374.00$1,000.00$30,000.00$25,126.00$200,000.00$5,000.00$100.00$157,000.00$2,617,000.00$453,370.00$450,000.00$150,000.00$53,000.00$70,000.00$755,000.00$165,000.00$175,000.00$450,000.00$510,000.00$77,000.00$1,000,000.00$7,500.00

0000044486842240202044430441920403

Sales Price Units

Site Address City New Owner Previous Owner

3016 Meister Rd849 N Central Dr #8553943 E 42nd St32305 Center Ridge Rd148 Elm St21050 Southbend Cir19606 Van Aken Blvd20676 Fairmount Blvd3594 Warrensville Ctr.584 S Shore Ct

LorainLorainNewburgh HeightsNorth RidgevilleOberlinRocky RiverShaker HeightsShaker HeightsShaker HeightsVermilion

Strnad LewAmeriquest FinancialZbasnik Nick SGorican DanielCollege Props Of Oberlin IncMcNally Sheila KAc Property Management LLCInigo LLCDriftwood Manor LLCWelch Paul M & Echo M

FIRST FEDL S/L ASSN OF LORAINNJ FINDERS KEEPERS LLCWELLS FARGO BK NAGORICAN DANIELCOLLEGE PROPS OF OBERLIN INCCHANEY BRIAN GDB MIDWEST I LLCNAIMAN FAIRMOUNT LTDDRIFTWOOD MANOR LLCRIETH THOMAS E

$499,000.00$10,352.00$30,123.00$115,000.00$177,000.00$217,000.00$750,000.00$890,000.00$200,000.00$217,700.00

2044461314100

Sales Price Units

Advertising IndexTime Warner Cable

Group Purchasing

Neace Lukens

Powers, Friedman, Linn PLL

Savage Brothers Roofing

Herbruck Alder

Leff Electric

Nationwide Insurance

Roto-Rooter

Harry S. Peterson

CORT Furniture

JB&R

HHGregg

Sleggs, Danzinger & Gill

Ulmer & Berne

IGS Energy

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Inside Back Cover

Back Cover

Page 23

Inside Back Cover

Back Cover

Suites Magazine: October 2009

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Transcript of Suites Magazine: October 2009