Laura L. Krenz

• Represented owner in sale of $28M market rate apartment building in Osseo, MN
• Represented owner and developer in sale of $20M market rate apartment building in Victoria, MN

Affordable

• Represent non-profit in series of bond financing for acquisition of affordable housing apartment buildings
• Represented numerous developers in the development, financing and construction of more than 840 multi-family units under MHFA, MCDA, GMHF, First Homes, LIHTC, HUD, and Rural Development government programs
• Represented multiple developers in the development of more than 50 single-family homes under GMHF, MHFA, and First Homes programs

Senior

• Represented owner in nearly $19M sale of a portfolio of senior housing facilities
• Represented numerous senior housing developers on the development, financing and construction of multiple facilities under Tax Exempt Bond and HUD government programs
• Guided the restructuring and refinancing of eight Freddie Mac and Fannie Mae loans in excess of $91M for a senior housing and post-acute care provider
• Represented multiple senior care developers and operators in the development, financing, and construction of more than a dozen senior housing projects in Minnesota and the Midwest

Leasing

• Represent private equity company on sale / leaseback transactions for company owned real estate
• Represented a pharmaceutical benefits manager in two leases of nearly 385,000 square feet for their new consolidated office campus on a 30-acre site in Eagan, MN
• Represented a life science company in the negotiation and office lease for 80,950 square feet located in Chaska, MN
• Represented multiple medical providers on office leases
• Represented a local company in the lease of more than 26,000 square feet as a part of a brewery and nonprofit incubation office development in Elliot Park, Minneapolis

Financing

• Served as local counsel in Minnesota and Colorado for an international private equity company in connection with more than $27B in financing via 37 different transactions in the last five years secured by office, multi-family, retail, and industrial properties
• Represented multiple lenders on deals totaling more than $69.5M in financing
• Represented REIT as buyer and borrower on $94M multi-family acquisition and loan assumption
• Served as special counsel to the borrower in a $385M real estate loan