Photo of Sophia M. Deseran

Sophia was an Assistant Vice President with National City Bank before joining the legal profession. Coupling her banking experience with her legal expertise has provided Sophia with invaluable insight when representing lenders and borrowers. Sophia focuses her practice on the purchase and sale of real property, real estate financing, leasing and general matters of commercial real estate law.

Sophia is the co-author of "Amendment to CERCLA, RCRA Affects Lenders," National Law Journal, 1997; and "CERCLA Lender Liability Rule Codified," Lender Counsel Group ALTA Annual Convention, 1996. She is the author of "The Pro Bono Debate and Suggestions for a Workable Program" for the Cleveland State Law Review, 1990.

Walter | Haverfield LLP




Coupling her banking experience with her legal expertise has provided Sophia with invaluable insight when representing lenders and borrowers.

Areas Of Emphasis

  • Representing buyers and sellers of various types of real property, including vacant land, shopping malls, agricultural and industrial properties, apartment complexes and retail properties

  • Representing a major chemical company in connection with the formation of joint ventures involving 10-plus industrial facilities in five states and two Canadian provinces

  • Representing the owners of shopping center property, industrial sites, and mixed use residential/office and retail sites in connection with the preparation and negotiation of complex declarations of covenants, restrictions, and easements

  • Coordinating lot split and subdivision approvals

  • Counseling landlords and tenants in matters concerning occupancy leases and subleases of retail, office, warehouse and industrial space
  • Acting as counsel in Low Income Housing Tax Credit transactions

  • Effectuating Section 1031 like-kind exchanges of real property

  • Representing a national lender in individual purchases of construction loans and portfolio sales of loans

  • Advising lenders in connection with acquisition, development, construction, and permanent loans secured by assorted real property, including vacant land, office buildings, shopping centers, marinas, and multi-family residential projects

  • Providing counsel in matters of loan modifications, workout matters, and deeds in lieu of foreclosure, including the representation of a national developer in the simultaneous surrender of two regional shopping malls to the lender

  • Representing borrowers and lenders in leasehold mortgage financing transactions

  • Acting as local counsel to out-of-state financial institutions in real estate transactions

  • Advising borrowers in conduit financing transactions, acquisition, development and construction loans

Professional & Community Associations

  • Greater Cleveland Mortgage Bankers Association - Trustee, past President, past Vice President, and Membership Director

  • Commercial Real Estate Women, Cleveland Chapter

  • American Bar Association - Real Property, Probate and Trust Law Section

  • Ohio State Bar Association - Real Property Section

  • Cleveland Metropolitan Bar Association - Real Estate Law Section

  • National Association of Industrial and Office Properties, Northern Ohio Chapter - Awards Committee

Education

Cleveland-Marshall College of Law, J.D., cum laude, 1991
Cleveland State Law Review, Articles Editor, 1990-1991
College of Wooster, B.A., 1979

Licensed to Practice

  • Ohio
  • U. S. District Court (Northern District of Ohio)

Awards & Recognitions

2007 - Present - Trustee, Greater Cleveland Mortgage Bankers Association

2006 - 2007 - President, Greater Cleveland Mortgage Bankers Association

2005-2006 - Vice President, Greater Cleveland Mortgage Bankers Association

2002 - Affiliate of the Year, Greater Cleveland Mortgage Bankers Association

Articles by Sophia M. Deseran

June 2014 - "As landlords seek loans, lenders increasingly seek documentation from tenants," Crain's Cleveland Business (Real Estate Guest Blog)

1997 – Co-author of "Amendment to CERCLA, RCRA Affects Lenders", National Law Journal

1996 – Co-author of "CERCLA Lender Liability Rule Codified", Lender Counsel Group ALTA Annual Convention

1990 – Author of "The Pro Bono Debate and Suggestions for a Workable Program" for the Cleveland State Law Review

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