Paul V. Franke

Practice Areas

Real Estate Development; Real Estate Finance; Real Estate; Real Estate Transactions; Senior Housing & Long Term Care; Tax Credit Finance; Construction

Career

Paul Franke brings over 30 years of sophisticated real estate transactional, banking and finance and construction law experience to every matter he handles for his clients. In his wide ranging practice, he represents a myriad of client types, including owners and developers of commercial real estate, landlords and tenants, affordable housing developers, senior housing providers and skilled nursing facilities and tax exempt organizations, banks and other financial institutions, and contractors, subcontractors and engineers.

Paul provides counsel to clients developing affordable housing through the Federal Low Income Housing Tax Credit Program, the Section 8, 202, CDBG and HOME programs, and numerous state and local programs providing subsidy to developers of affordable housing. He assists nonprofit clients in the formation of tax-exempt public private partnerships with state and local governments.

Paul counsels banks, insurance companies, commercial finance companies, other lending institutions and borrowers on a wide array of financing matters, including construction, mezzanine and permanent real estate financings for various real estate classes and asset based lenders and equipment finance companies. He provides counsel to buyers and sellers of loan portfolios and to loan participants and lead banks and servicers of syndicated lending arrangements and structured financings and advises lenders and borrowers in the restructuring and liquidation distressed loans; his work in this area includes receiverships, loan works outs, foreclosures and deeds-in-lieu of foreclosure.

Paul’s real estate practice has given him the opportunity to develop significant experience in the drafting and negotiation of construction, design and engineering contracts for all types of clients, including hospital systems and other healthcare providers; owners and developers of commercial real estate, including office, market rate and affordable multifamily for-sale and rental housing; sports and entertainment complexes; industrial plants; and data and convention centers. He routinely works on contracts of all delivery types, including design-bid-build, design build, engineering procurement CMAR and integrated project delivery. He advises owners of women and minority owned business enterprises, small business enterprises and disadvantaged business enterprises working in the construction industry, as well as contractors and subcontractors on civil engineering and commercial real estate projects. He provides counsel to clients on various types of construction and design-related claims and disputes, including design errors and omissions, delay claims, cumulative impact claims, mechanics’ liens and other breach of contract claims.

Professional Memberships

American Bar Association; Colorado Bar Association; Denver Bar Association; Adams County Housing Authority Member, Board of Commissioners and Past Chair