Commercial and Real Estate Lending
With a sophisticated nationwide real estate financing practice, Krieg DeVault excels at complex secured, syndicated, asset-based, and tax-exempt transactions. Our lending clients range from large national banks and institutional investors to rapidly growing regional banks, and our work with borrowers encompasses a full spectrum of developers and property investors. Members of our team have been commercial bankers and CPAs, so we fully understand the financial nuances of structuring and documenting the deal. Both lenders and borrowers value our advice on resolving loan problems, including defaults, workouts, repossession, foreclosure, and receivership. We know that borrowers and lenders both want cost efficiency in their real estate lending transactions, so we have developed standardized loan structures and documentation that meet market needs. And because we handle all types of loan transactions and lending relationships, we can offer valuable transactional guidance that helps any deal close successfully.
Merchants Bancorp
Construction and Tax Credit Financing Extended to Bottleworks District, LLC
The National Bank of Indianapolis
Construction Financing for Milhaus, LLC Mixed-Use Project (Indianapolis, IN)
Associated Bank, National Association
Construction Financing Extended to Aria Zionsville, LLC for Multi-Family Project (Zionsville, IN)
Lake City Bank
Financing Extended to J.C. Hart Company Affiliate for Multifamily Project (in Broad Ripple, Indiana) Known as “The Line - Urban Flats on the Monon”
BMO Harris Bank N.A.
Construction Financing Extended to Ford TWG, LLC (The Whitsett Group) for Mixed-Use Project at former Ford Assembly Plant
First Merchants Bank
Working Capital Financing Extended to enVista, LLC and enVista Interactive Solutions, LLC
Busey Bank
Construction Financing Extended to Scannell Properties #386, LLC for Industrial Warehouse Space for Pepsi Co. (Indianapolis, IN)
First Financial Bank
Acquisition and Bridge Financing Extended to Market East Portfolio, LLC for Office Buildings and Parking Facilities (Indianapolis, IN)
PNC Bank, National Association
Construction Financing Extended to Ardmore, LLC for Mixed-Use Project
Wells Fargo Bank
Secured Credit Facilities extended to Urschel Laboratories, Inc.
First Merchants Bank
Syndicated Construction Financing extended to CRP/Bodner Caprock Crossing Owner, L.P. for Multifamily Project (College Station, Texas)
KeyBank National Association
Syndicated Financing Involving ESOP Formation for Envision Radiology
Lake City Bank
Acquisition Financing for the AT&T Building (Indianapolis, IN)
Busey Bank
Construction Financing for Flaherty & Collins Mixed-Use Project, The Arbuckle (Brownsburg, IN)
BMO Harris Bank N.A.
Project Financing regarding Monon Lofts (TWG Development, LLC)
Associated Bank, National Association
Syndicated Construction Financing for Cityscape Residential Multi-Family Project (Louisville, KY)
Julia A. Carpenter
Partner / Practice Contact
Office: Carmel
jcarpenter@kdlegal.com
p: 317-238-6273
f: 317-636-1507
David A. Adams
Partner
Office: Carmel
dadams@kdlegal.com
p: 317-238-6205
f: 317-636-1507
John B. Baxter
Partner
Office: Carmel
jbaxter@kdlegal.com
p: 317-238-6311
f: 317-636-1507
Nicole R. Finelli
Partner
Office: Carmel
nfinelli@kdlegal.com
p: 317-238-6374
f: 317-636-1507
Tammy K. Haney
Partner
Office: Carmel
thaney@kdlegal.com
p: 317-238-6242
f: 317-636-1507
J. Brian Hittinger
Partner
Offices: Merrillville, Chicago
jbhittinger@kdlegal.com
p: 219-227-6114
f: 219-227-6101
Christopher D. Long
Partner
Office: Indianapolis
clong@kdlegal.com
p: 317-238-6322
f: 317-636-1507
Matthew D. Neumann
Partner
Office: Carmel
mneumann@kdlegal.com
p: 317-238-6210
f: 317-636-1507
George C. Lepeniotis
Of Counsel
Office: South Bend / Mishawaka
glepeniotis@kdlegal.com
p: 574-485-2008
f: 574-277-1201
Terry J. Retson
Of Counsel
Offices: Merrillville, Chicago
tretson@kdlegal.com
p: 219-227-6089
f: 219-227-6101
Julie M. Elliott
Senior Attorney
Office: Carmel
jelliott@kdlegal.com
p: 317-238-6341
f: 317-636-1507
Sarah E. Jones
Senior Associate
Office: Carmel
sjones@kdlegal.com
p: 317-238-6314
f: 317-636-1507
Ann Marie Woolwine
Senior Associate
Office: Merrillville
awoolwine@kdlegal.com
p: 219-227-6070
f: 219-227-6101
Kelsie L. Breit
Associate
Office: Indianapolis
kbreit@kdlegal.com
p: 317-238-6334
f: 317-636-1507
Therese D. Andrews
Paralegal
Office: Carmel
tandrews@kdlegal.com
p: 317-808-5859
f: 317-636-1507
Kevin G. Buchheit AICP
Land Planner
Office: Carmel
kbuchheit@kdlegal.com
p: 317-808-5820
f: 317-636-1507
Rhonda L. Graham
Paralegal
Office: Carmel
rgraham@kdlegal.com
p: 317-238-6292
f: 317-636-1507
Laura M. Trznadel
Paralegal / Conflict Analyst
Office: Merrillville
ltrznadel@kdlegal.com
p: 219-227-6074
f: 219-227-6101
- Owner occupied financing
- Income properties financing
- Multi-state property locations financings
- Due diligence regarding real estate collateral (including title insurance, survey, environmental site assessment and FEMA special flood hazard area reviews)
- Construction financing
- Residential and commercial real estate development financings
- Structuring of "special purpose entity" provisions
- New Markets Tax Credit financings
- Low Income Housing Tax Credit financings
- Cash flow loan transactions
- Working capital facilities
- Leveraged acquisition financings
- Mezzanine and second lien loans
- Vendor financing
- Equipment leasing
- Letters of credit and reimbursement agreements
- Warehouse credit facilities
- Aircraft financings
- Agribusiness loan transactions
- Employee stock ownership leveraged loans
- Uniform Commercial Code searches
- Bankruptcy and judgment lien searches
- Life insurance assignment verifications
- Collateral lien perfection and enforcements
- Issuance of non-consolidation opinions
- Collateral and credit file reviews
- Preparation of forbearance agreements
- Restructurings of credit and collateral terms
- Pre and post bankruptcy collections and foreclosures
- Deed in lieu of foreclosure transactions
- Review of proper formation of co-borrowers comprised of multiple tenants-in-common owners
- Preparation of requirements of co-ownership agreement
- Coordination between lender requirements and borrower requirements for compliance with Tax-Free Like-Kind Exchange under Section 1031 of the Internal Revenue Code.
- Representation of administrative agents, collateral agents, documentation agents and syndicate lenders
- Preparation or review and analysis of participation agreements and certificates
- Preparation of intercreditor and subordination agreements
- Review and negotiation of credit and collateral documents
- Render third party legal opinions as borrower's counsel to lender
- Loan closing coordination and post closing coordination
Secured Lender
A Bankruptcy Court Weighs In: Do Force Majeure Clauses Excuse Commercial Tenants from Paying Rent?
June 23, 2020
Secured Lender
Eviction and Foreclosure Moratoriums Extended to August 31, 2020 for Federally-Backed Mortgages
June 17, 2020
Firm News
Krieg DeVault Authors Indiana Chapter of The Secured Finance Network Compendium of Secured Finance Law
September 25, 2019
Firm News
Kelsie L. Breit Joins Krieg DeVault's Commercial and Real Estate Lending Practice Group
July 16, 2019
Firm News
Julia A. Carpenter Named Chair of Krieg DeVault's Commercial and Real Estate Lending Practice
February 17, 2019
Firm News
Krieg DeVault Welcomes Three New Associates - Alexandria M. Foster, Scott C. Frissell, and Ben Vandeventer
October 22, 2018
Firm News
Krieg DeVault Partners John B. Baxter and Robert A. Greising Named to Chambers USA 2018 List
May 10, 2018
Thought Leadership
Court Determines Debtor's Correct Name on Driver's License for UCC-1 Financing Statement
March 5, 2018
With a sophisticated nationwide real estate financing practice, Krieg DeVault excels at complex secured, syndicated, asset-based, and tax-exempt transactions. Our lending clients range from large national banks and institutional investors to rapidly growing regional banks, and our work with borrowers encompasses a full spectrum of developers and property investors. Members of our team have been commercial bankers and CPAs, so we fully understand the financial nuances of structuring and documenting the deal. Both lenders and borrowers value our advice on resolving loan problems, including defaults, workouts, repossession, foreclosure, and receivership. We know that borrowers and lenders both want cost efficiency in their real estate lending transactions, so we have developed standardized loan structures and documentation that meet market needs. And because we handle all types of loan transactions and lending relationships, we can offer valuable transactional guidance that helps any deal close successfully.
Merchants Bancorp
Construction and Tax Credit Financing Extended to Bottleworks District, LLC
The National Bank of Indianapolis
Construction Financing for Milhaus, LLC Mixed-Use Project (Indianapolis, IN)
Associated Bank, National Association
Construction Financing Extended to Aria Zionsville, LLC for Multi-Family Project (Zionsville, IN)
Lake City Bank
Financing Extended to J.C. Hart Company Affiliate for Multifamily Project (in Broad Ripple, Indiana) Known as “The Line - Urban Flats on the Monon”
BMO Harris Bank N.A.
Construction Financing Extended to Ford TWG, LLC (The Whitsett Group) for Mixed-Use Project at former Ford Assembly Plant
First Merchants Bank
Working Capital Financing Extended to enVista, LLC and enVista Interactive Solutions, LLC
Busey Bank
Construction Financing Extended to Scannell Properties #386, LLC for Industrial Warehouse Space for Pepsi Co. (Indianapolis, IN)
First Financial Bank
Acquisition and Bridge Financing Extended to Market East Portfolio, LLC for Office Buildings and Parking Facilities (Indianapolis, IN)
PNC Bank, National Association
Construction Financing Extended to Ardmore, LLC for Mixed-Use Project
Wells Fargo Bank
Secured Credit Facilities extended to Urschel Laboratories, Inc.
First Merchants Bank
Syndicated Construction Financing extended to CRP/Bodner Caprock Crossing Owner, L.P. for Multifamily Project (College Station, Texas)
KeyBank National Association
Syndicated Financing Involving ESOP Formation for Envision Radiology
Lake City Bank
Acquisition Financing for the AT&T Building (Indianapolis, IN)
Busey Bank
Construction Financing for Flaherty & Collins Mixed-Use Project, The Arbuckle (Brownsburg, IN)
BMO Harris Bank N.A.
Project Financing regarding Monon Lofts (TWG Development, LLC)
Associated Bank, National Association
Syndicated Construction Financing for Cityscape Residential Multi-Family Project (Louisville, KY)
Julia A. Carpenter
Partner / Practice Contact
Office: Carmel
jcarpenter@kdlegal.com
p: 317-238-6273
f: 317-636-1507
David A. Adams
Partner
Office: Carmel
dadams@kdlegal.com
p: 317-238-6205
f: 317-636-1507
John B. Baxter
Partner
Office: Carmel
jbaxter@kdlegal.com
p: 317-238-6311
f: 317-636-1507
Nicole R. Finelli
Partner
Office: Carmel
nfinelli@kdlegal.com
p: 317-238-6374
f: 317-636-1507
Tammy K. Haney
Partner
Office: Carmel
thaney@kdlegal.com
p: 317-238-6242
f: 317-636-1507
J. Brian Hittinger
Partner
Offices: Merrillville, Chicago
jbhittinger@kdlegal.com
p: 219-227-6114
f: 219-227-6101
Christopher D. Long
Partner
Office: Indianapolis
clong@kdlegal.com
p: 317-238-6322
f: 317-636-1507
Matthew D. Neumann
Partner
Office: Carmel
mneumann@kdlegal.com
p: 317-238-6210
f: 317-636-1507
George C. Lepeniotis
Of Counsel
Office: South Bend / Mishawaka
glepeniotis@kdlegal.com
p: 574-485-2008
f: 574-277-1201
Terry J. Retson
Of Counsel
Offices: Merrillville, Chicago
tretson@kdlegal.com
p: 219-227-6089
f: 219-227-6101
Julie M. Elliott
Senior Attorney
Office: Carmel
jelliott@kdlegal.com
p: 317-238-6341
f: 317-636-1507
Sarah E. Jones
Senior Associate
Office: Carmel
sjones@kdlegal.com
p: 317-238-6314
f: 317-636-1507
Ann Marie Woolwine
Senior Associate
Office: Merrillville
awoolwine@kdlegal.com
p: 219-227-6070
f: 219-227-6101
Kelsie L. Breit
Associate
Office: Indianapolis
kbreit@kdlegal.com
p: 317-238-6334
f: 317-636-1507
Therese D. Andrews
Paralegal
Office: Carmel
tandrews@kdlegal.com
p: 317-808-5859
f: 317-636-1507
Kevin G. Buchheit AICP
Land Planner
Office: Carmel
kbuchheit@kdlegal.com
p: 317-808-5820
f: 317-636-1507
Rhonda L. Graham
Paralegal
Office: Carmel
rgraham@kdlegal.com
p: 317-238-6292
f: 317-636-1507
Laura M. Trznadel
Paralegal / Conflict Analyst
Office: Merrillville
ltrznadel@kdlegal.com
p: 219-227-6074
f: 219-227-6101
Focus Areas
- Owner occupied financing
- Income properties financing
- Multi-state property locations financings
- Due diligence regarding real estate collateral (including title insurance, survey, environmental site assessment and FEMA special flood hazard area reviews)
- Construction financing
- Residential and commercial real estate development financings
- Structuring of "special purpose entity" provisions
- New Markets Tax Credit financings
- Low Income Housing Tax Credit financings
- Cash flow loan transactions
- Working capital facilities
- Leveraged acquisition financings
- Mezzanine and second lien loans
- Vendor financing
- Equipment leasing
- Letters of credit and reimbursement agreements
- Warehouse credit facilities
- Aircraft financings
- Agribusiness loan transactions
- Employee stock ownership leveraged loans
- Uniform Commercial Code searches
- Bankruptcy and judgment lien searches
- Life insurance assignment verifications
- Collateral lien perfection and enforcements
- Issuance of non-consolidation opinions
- Collateral and credit file reviews
- Preparation of forbearance agreements
- Restructurings of credit and collateral terms
- Pre and post bankruptcy collections and foreclosures
- Deed in lieu of foreclosure transactions
- Review of proper formation of co-borrowers comprised of multiple tenants-in-common owners
- Preparation of requirements of co-ownership agreement
- Coordination between lender requirements and borrower requirements for compliance with Tax-Free Like-Kind Exchange under Section 1031 of the Internal Revenue Code.
- Representation of administrative agents, collateral agents, documentation agents and syndicate lenders
- Preparation or review and analysis of participation agreements and certificates
- Preparation of intercreditor and subordination agreements
- Review and negotiation of credit and collateral documents
- Render third party legal opinions as borrower's counsel to lender
- Loan closing coordination and post closing coordination
Related Services
Insights
Secured Lender
A Bankruptcy Court Weighs In: Do Force Majeure Clauses Excuse Commercial Tenants from Paying Rent?
June 23, 2020
Secured Lender
Eviction and Foreclosure Moratoriums Extended to August 31, 2020 for Federally-Backed Mortgages
June 17, 2020
Firm News
Krieg DeVault Authors Indiana Chapter of The Secured Finance Network Compendium of Secured Finance Law
September 25, 2019
Firm News
Kelsie L. Breit Joins Krieg DeVault's Commercial and Real Estate Lending Practice Group
July 16, 2019
Firm News
Julia A. Carpenter Named Chair of Krieg DeVault's Commercial and Real Estate Lending Practice
February 17, 2019
Firm News
Krieg DeVault Welcomes Three New Associates - Alexandria M. Foster, Scott C. Frissell, and Ben Vandeventer
October 22, 2018
Firm News
Krieg DeVault Partners John B. Baxter and Robert A. Greising Named to Chambers USA 2018 List
May 10, 2018
Thought Leadership
Court Determines Debtor's Correct Name on Driver's License for UCC-1 Financing Statement
March 5, 2018