Property taxes and multifamily entity transfers

[John L.]

Does anyone have experience with entity transfers vs actual sales of multifamily properties in Ohio?   I'm aware of the pros and cons of both, but have heard that entity transfers are common in Ohio.  What I haven't heard are specific outcomes as it affected property tax in the end.  I'm curious if anyone has seen a significant increase in property taxes either way, how their lender evaluated the potential increase, and if their lender was on board with an entity transfer.