Kenneth G. Lore
Ken Lore, head of the Real Estate practice – East Coast, has developed a nationally recognized real estate finance practice based upon his representation of owners, developers, investors and lenders by creating complex equity and debt financing structures. His transactions involve multifamily rental properties, mixed use development, affordable housing, public-private partnerships, office buildings and other commercial projects.
Clients do not come to Ken for a cookie-cutter deal or approach. Owners, developers and other deal participants seek him out when they have stubborn problems others can't solve. In one project, he created an entirely new financing structure that paved the way for a third-party investor to provide critical and necessary funding. Ken secured Internal Revenue Service private-letter rulings supporting the structure and has gone on to use and improve that structure more than 30 times, making refinements to take advantage of changes in laws and market conditions. Similarly, Ken has developed structures and received Securities and Exchange Commission no-action letters for real estate mortgage investment conduit (REMIC) and investment company matters to facilitate transactions that had not previously been possible. He was also involved in the original drafting of the LIHTC provisions of the Internal Revenue Code (Section 42).Due to the diversity of Ken's practice and the fact that he has worked on so many complex transactions, he is able to develop creative solutions to his clients' problems. He knows from extensive experience what will and will not work in various economic and market conditions. He understands his clients' businesses and how to achieve their objectives. As a result, Ken is able to help his clients develop and take advantage of innovative structures to make the projects they have become reality.
Washington, District of Columbia 20007-5118
