Laura L. Krenz

Partner
Laura L. Krenz
  • Overview
  • Experience
  • Media & Presentations
  • Professional & Community
2000 IDS Center
80 South 8th Street
Minneapolis, Minnesota 55402
T 612.371.3529
F 612.371.3207
Julie A. Gudmestad
T 612.371.3996
  • Minnesota
  • U.S. District Court, District of Minnesota

Laura Krenz has more than 20 years of legal experience concentrated in real estate and is certified by the MSBA as a real estate property law specialist. She currently focuses her practice in the areas of development, financing, and leasing, and has significant experience with multi-family housing, mixed use, office and industrial properties. 

She frequently advises owners, developers, lenders and investors navigating the complexities of public and private funding. Laura is familiar in all aspects of real estate transactions from land acquisition and assembly, securing entitlements and financing, to development and leasing.

Experience

Multi-Family Development & Financing

Market Rate

  • Represented owner in $43M sale of vintage apartment portfolio consisting of 11 buildings and over 400 market rate apartment units.
  • Represented a local real estate developer on the development, financing and construction of a $15.2M, 80-unit apartment project.
  • Represented a local real estate developer on the development, financing, construction, and sale of a $20M, 140-unit market rate and affordable apartment project.
  • Represented a holding company in the $12.8M sale of a mixed use facility in Hopkins.

Affordable

  • 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 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

  • 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 “brewtel” development in Elliot Park, Minneapolis.

Financing

  • Served as local counsel in Minnesota and Colorado for a national real estate investment portfolio in connection with more than $12B in financing via 21 different transactions in the last three years secured by multi-family, retail, and industrial properties. 
  • Represented multiple lenders on deals totaling more than $69.5M in financing.
  • Represented numerous borrowers with real estate based financing.
  • Served as special counsel to the borrower in a $385M real estate loan.

 

 

Media & Presentations
Legal Alerts
07.17.17
Lindquist Gets Real: Real Estate Tips from Lindquist & Vennum
Events
09.29.17
"Alternative Equity Structures," Multifamily Finance Summit
Admissions
  • Minnesota
  • U.S. District Court, District of Minnesota
Professional & Community

Memberships

  • Minnesota State Bar Association, Member
  • Minnesota State Bar Association, Real Property Certification Board Member
  • Hennepin County Bar Association, Member
  • Minnesota Women Lawyers, Member
  • NAIOP (Commercial Real Estate Development Association), Member

Certifications

  • Real Property Law Specialist, Minnesota State Bar Association
2000 IDS Center
80 South 8th Street
Minneapolis, Minnesota 55402
T 612.371.3529
F 612.371.3207
Julie A. Gudmestad
T 612.371.3996
  • William Mitchell College of Law (now Mitchell Hamline School of Law)

    (J.D., cum laude, 1994)

  • University of Minnesota

    (B.A., 1991)

  • Minnesota
  • U.S. District Court, District of Minnesota

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