Ken Stipanov has over 30 years experience advising real property investors through various market cycles. Mr. Stipanov is known for finding creative solutions to unusual situations. He is particularly well-versed representing borrowers of all types of real estate secured loans, including those from life companies, CMBS sponsors, banks and other financial institutions. He has represented landlords and tenants in the leasing of retail, industrial and commercial properties. He has considerable expertise acquiring and disposing of all manner of real property, including shopping centers, industrial buildings, undeveloped land, single-tenant buildings, apartment buildings and broken condominiums, whether in bulk or in single-asset transactions. He is also knowledgeable about the various business entities used by real estate owners, particularly limited liability companies and partnerships. Over the course of his career, he has represented a variety of clients, including closely held portfolios, institutional investment companies, end users, non-profit organizations, pension plans and family groups. Recent Work / Representative Matters Works with a number of closely-held portfolios that include a mix of commercial, industrial, office, laboratory, shopping center, apartment and hotel properties in their leasing, financing and acquisitions. Represented landlords and tenants in innumerable tenant, multi-tenant, single-tenant and ground leases, including biotech, laboratory, high tech, warehouse, manufacturing, office, retail shopping center, fast food, data center and financial institution uses. Premises up to 150,000 sq. ft. Regularly serves as borrower's counsel on secured financings, primarily from life insurance companies and conduit lenders. Loan transaction sizes ranging to $150 million. Represents non-profits and charter schools as borrower's counsel in New Markets Tax Credit transactions. Represented a nationally-known charter school obtain multiple two issuances of qualified school construction bonds, including the first AAA-rated charter school bond issuance in the country. Represents a private school in facilitating financing and operational issues, including private placement tax exempt bonds, land acquisitions and student/teacher liability issues. Represented an investment company owned primarily by a state employees pension system acquire a portfolio of 30 grocery-anchored shopping centers throughout the Western United States, and then dispose of a portion of that portfolio. Aggregate deal value approximately $1 billion; transaction sizes between $5 million and $67 million. Handled numerous unclosed transactions of similar values. Represented a significant family portfolio reposition apartment assets from Arizona to Texas and Nevada (approximate $150 million transaction value). Represented a management team in its acquisition of the salt production works in southern San Diego Bay from the previous owner. Memberships NTC Foundation Board of Directors - 2011-present San Diego Maritime Museum · Board of Trustees - 2011-present · Sail Crew Member - 2002-2009 Boy Scouts of America · Committee Chair, Troop 500, Point Loma - 2000-02 · Committee Member, Venture Crew 500 and Sea Scout Ship 1886 - 2007-present International Council of Shopping Centers (ICSC) UCLA Chancellor's Associates San Diego Committee - 1993-98 Vestry Member, Senior Warden - All Souls' Church, Point Loma - 1991-93 Co-Chair - San Diego Bar Association Real Property Section - 1991-92 Recognition Martindale-Hubbell® AV Rating San Diego County Top Attorneys - The Daily Transcript - 2005-2009 - Real Estate & Construction Transactional San Diego Super Lawyers - 2007-2011 - Real Estate Super Lawyers: Corporate Counsel - Most Recent Listing: 2010 - Real Estate Super Lawyers: Business Edition - 2011 - Real Estate Industries Real Estate Charter Schools Publications / Presentations Select Linked Articles 05 | 01 | 2009 California Centers
What to Do When a Tenant Requests a Rent Reduction 01 | 09 | 2008 Legal e-Update
Free Speech vs. Private Property Rights: The Fashion Valley Mall Case 04 | 10 | 2007 San Diego Daily Transcript
Keep the Lawyers Out of It: How to Get Along With Your Tenants WIthout Going to Court Media Presence / Articles About Attorney / Attorney Contribution 09 | 13 | 2011 Recognition
Thirty-Two Luce Forward Attorneys Named to 2011 Super Lawyers Business Edition 06 | 05 | 2011 Recognition
Thirty Luce Forward Partners Named San Diego Super Lawyers 07 | 21 | 2010 Recognition
The Daily Transcript Names Seven Luce Forward Partners "Top San Diego County Attorneys" 06 | 15 | 2010 Recognition
Thirty Luce Forward Attorneys Named San Diego Super Lawyers 02 | 04 | 2010 Firm Management
Luce Forward Announces Leadership Changes for 2010 06 | 17 | 2009 Recognition
Thirty-Two Luce Forward Attorneys Named San Diego Super Lawyers 09 | 25 | 2008 Recognition
Thirty-Two Luce Forward Attorneys Named to Super Lawyers Corporate Counsel 08 | 18 | 2008 Recognition
The Daily Transcript Names Nine Luce Forward Partners "Top San Diego County Attorneys" 05 | 19 | 2008 Recognition
32 Luce Forward Attorneys Named San Diego Super Lawyers - Five Attorneys Receive Top Honors 09 | 18 | 2007 Recognition
The Daily Transcript Names Six Luce Forward Partners "Top San Diego County Attorneys" 06 | 07 | 2007 Recognition
34 Luce Forward Attorneys Named San Diego Super Lawyers 07 | 20 | 2006 Recognition
11 Luce Forward Partners Named Top San Diego Attorneys 08 | 31 | 2005 Recognition
Eight Luce Forward Partners Named Top San Diego County Attorneys All Authored Works Co-Author, Continuing Education of the Bar, Chapter 5 of Ground Lease Practice; Revision author, Chapter 11. "Free Speech vs. Private Property Rights: The Fashion Valley Mall Case" - Luce Forward Legal e-Update - January 9, 2008. "Keep the Lawyers Out of It: How to Get Along With Your Tenants Without Going to Court" - April 10, 2007. "Equity Participations by a Tenant" - Chapter 7 of "The Commercial Property Lease" - American Bar Association - 1990. "Assignment and Subletting of Commercial Leases Under the New Statutory Scheme" - California Real Property Journal - Fall 1990. Presentations Co-Presenter: "Real Estate Acquisition Due Diligence Checklists: Recommendations for Both Buyers and Sellers" - ACC Real Estate Roundtable - San Diego, CA - 2011. Speaker: "Charter Facilities: Rules, Restrictions and Opportunities (non-Prop. 39)" - 18th Annual California Charter Schools Conference - San Diego, CA - 2011. Speaker: "Opportunities and Challenges" - 18th Annual California Charter Schools Conference - San Diego, CA - 2011. Panelist: "Real Property Financing; Strategies for a Hot Market (CEB)" - 2006. Panliest: "Secured Real Estate Financing in California (Lorman)" - 2005, 2004. Panelist: "Real Property Purchase and Sale Agreements (CEB)" - 2004, 1999, 1997. |