Photo of Jerrold M. Peven

Jerry Peven is the co-team leader of the Firm’s Commercial Mortgage-Backed Securities Special Servicer Group. He focuses his practice on commercial real estate transactions, including acquisitions, dispositions, financing, loan workouts, restructurings and deeds-in-lieu of foreclosure transactions throughout the United States. He represents real estate owners and operators, banks and other financial institutions on a local and national basis. He has been involved in the acquisition and disposition of apartment projects, shopping centers, industrial properties and office buildings. During his career, Mr. Peven has represented Equity Residential (one of the largest residential REITs in the U.S.); JVM Realty Corporation; Freestone Realty Advisors; CW Capital; RBS Citizens National Association; Advantage National Bank; JPMorgan Chase, N.A.; and Mooring Financial Corporation.

On April 1, 2020, Ohio’s Governor issued Executive Order 2020-08D, a copy of which is linked here. Issued pursuant to the Governor’s implied police powers to address the economic impact of COVID-19, the Executive Order requests that commercial landlords and their lenders (including their servicers) take certain steps to provide relief to small business commercial tenants and commercial real estate borrowers.


The Executive Order is framed as a “request” that commercial landlords and lenders take certain actions–not an order commanding that they do so. Further, the Executive Order does not suspend any federal or state law.
Continue Reading Ohio Issues Executive Order Requesting Relief for Small Business Tenants and Commercial Real Estate Borrowers