Finance
KMullen Law represents every participant in traditional on-book, capital market, CMBS and other debt products, from loan originations to debt collection (and non-recourse event avoidance).
With access to a national network of lawyers, KMullen Law advises clients on a nationwide basis.
Platform planning and documentation (single and multi-state) as "program counsel" for the entire lending platform, with collateral in multiple states (multiple banks, life insurance companies & CMBS lenders).
Loan proceeds: disbursed with draws tied to as costs incurred, or tied to a borrowing base.
Sale-leaseback, NNN (single tenant) leases ("bondable lease"), condominum estates, groundlease and leaseholds, tenant-in-common structures.
Low Income Housing Tax Credit lending
Intercreditor agreements; Co-Lender structures
Use of Master Documents: reducing drafting costs and recording costs; and simplifying modifications
Collateral: unimproved and improved land; ownership interests; condominium interests
Loan structures: subordinate liens and mezzanine debt
Specialty collateral: home builder lines of credit, hospitality, senior living and nursing care properties, mixed use properties, golf courses, medical office buildings, hotels and resorts.
Mortgage warehouse lending implementation of eNotes and eMortgages as collateral (with eVault implementation)
Ground lease collateral; and subordinated fee structures
Defaulted CMBS Loans (Special Servicing)
In the mid-90s and continuing for 20+ years:
Keith participated in the take-off of CMBS lending, handling both CMBS loan originations (by Wall Street platforms and by Life Insurance companies), and work for special servicers on distressed loans.
During the last six years:
Keith represents CMBS borrowers/non-recourse guarantors in loan modifications, deed-in-lieu transfers, receiverships and foreclosures - turning the table on those years of representing CMBS loan originators and special servicers.