Kyle Recker focuses his practice on transactional matters, with an emphasis on finance, real estate, and general corporate matters. Kyle has represented institutional lenders, loan servicers, owners, developers, and investors in connection with a broad array of finance and real estate transactions. His finance and real estate experience includes mortgage and mezzanine loan origination, secured and unsecured financing, CMBS loan servicing, construction lending, bond financing, federally insured loan products, transactions with state and federal subsidy components, joint ventures, leasing, and acquisitions and dispositions. Kyle’s corporate experience includes structuring and negotiating a variety of contractual matters, including distribution, manufacturing, licensing, consulting and other services agreements.
Prior to joining the firm, Kyle practiced in the Finance and Real Estate practice group at Dechert LLP. He also previously served as in-house counsel for a manufacturer of life-sustaining medical devices, where he handled certain matters pertaining to business-related contracts and other commercial transactions.
Kyle is a member of the American Bar Association and the National LGBT Bar Association. He is also a member of CRE Finance Council, a trade association for the real estate finance industry.
Kyle earned his law degree magna cum laude in 2010 from the University of Michigan Law School in Ann Arbor, Michigan, and received his undergraduate degree in business administration in 2005 from Franklin University in Columbus, Ohio.
Financing: Lender Representations
Represented the lender in a $136 million construction loan for a residential apartment project near Fenway Park in Boston, Massachusetts.
Represented the lender in a $206 million construction loan for a residential condominium project in San Francisco, California.
Represented the lender in connection with the origination of a $132 million permanent loan secured by 18 self-storage facilities located across six states, and in connection with a subsequent $20 million upsizing of the loan and the addition of 3 additional self-storage facilities as collateral.
Represented the lender in a $500 million construction loan to finance the redevelopment of a major hotel and condominium resort in Maui, Hawaii.
Represented the master servicer in connection with the assumption by an affiliate of a New York-based real estate developer of an existing $1.1 billion loan secured by an office tower located in Times Square, New York.
Financing: Borrower Representations
Represented the borrower in connection with syndicated revolving credit facilities in the aggregate amount of $58 million secured by all assets of the borrower and its subsidiaries.
Represented the borrower in connection with a $27 million construction loan for an office development on ground leased property in Seattle, Washington.
Represented the borrower in connection with an $18 million term loan and a $2.5 million revolving credit commitment secured by all assets of the borrower and its subsidiaries.
Represented the borrower in an $81 million loan to finance the redevelopment of a major office park in a suburb of Boston, Massachusetts.
Represented the borrower in an $85 million financing of a landmark office tower in Oakland, CA, consisting of a $60 million mortgage loan and $25 million mezzanine loan.
Acquisitions and Dispositions; Joint Ventures
Represented the buyer in the acquisition of 20 acres of agricultural land in Santa Cruz County, CA.
Represented an investor in connection with a $70 million preferred equity investment in a joint venture to finance the acquisition and renovation of a hotel located in Soho, New York.