Karl is creative, efficient and practical in serving as a trusted advisor to his clients in complex commercial real estate transactions.
Overview
Karl focuses on regional and national acquisition, disposition, leasing and financing transactions for institutional and private real estate developer, investor and lender clients. Karl also has significant experience handling tax-based real estate investments and ownership structuring, including federal opportunity zones, 1031 exchanges and tenancy in common ownership.
Karl brings a depth of experience in real estate transactions involving condominium, industrial, multifamily, office and specialty use properties. Karl also maintains a substantial practice overseeing the real estate components of broader merger and acquisition and similar corporate transactions.
Prior to joining the firm, Karl worked as underwriting counsel for First American Title Insurance Company in Kansas City, MO. He served as the principal commercial underwriting resource for Kansas and Missouri and was responsible for handling local and national underwriting matters for a wide variety of commercial real estate transactions, giving him significant insights into the risks and rewards of commercial real estate finance.
Karl supports the firm’s commitment to diversity through his involvement with and as a board member of Start at Zero, a local nonprofit focused on promoting healthy early childhood development, and through the firm's pro bono matters and partnership with Legal Aid of Western Missouri.
Experience
Represented real estate investor in sale leaseback acquisition of $16 million Class A office building in Omaha, NE as the replacement property in a 1031 exchange, followed by negotiating a sublease recognition agreement for a $10 million and subtenant renovation for new global headquarters
Lead local counsel for a publicly-traded iBuying platform client and a national homebuilder client entering new markets throughout the Midwest (Kansas, Missouri and Nebraska)
Lead counsel for investor client's acquisitions totaling more than $10 million and leasing of Class A office buildings in Leawood, KS and Kansas City, MO
Represented various REIT clients in numerous multimillion dollar acquisition, disposition, financing, leasing and asset management transactions for entertainment, industrial and multifamily properties across the United States
Lead counsel for borrower client HUD construction loan financings and Fannie Mae refinancings of multiple Kansas City multifamily developments each in excess of $75 million
Represented institutional, REIT and private lender clients in dozens of real estate financing transactions for residential developments, commercial acquisition and construction, bridge financing and refinancing
Represented REIT clients in creation and unwinding of multiple tenancy in common ownership structures and property management agreements for 1031 exchange investments
Represented national institutional lender in numerous acquisition and leasing transactions in excess of $25 million for regional market expansion in Nebraska and Missouri
Represented multiple clients in structuring, acquiring and managing opportunity zone investments across the Midwest and southern United States
Represented landowner in $5 million solar lease project in southwest Missouri
Represented landowner in $1.8 million solar lease project in central Kansas
Lead real estate counsel for multiple private equity, private and publicly traded companies in leasing and other real estate matters in connection with numerous multimillion dollar platform and similar acquisitions
Represented regional beer distributor in multiple acquisitions of distribution businesses and related real estate holdings throughout the Midwest (Colorado, Nebraska, South Dakota and Wyoming) totaling over $75 million
Lead counsel for new beer distributor company in $28 million acquisition of distributorship and related real estate holdings in North Carolina
Represented aggregate and mineral developer clients in acquisition and development of severed mineral estates involving negotiation with governmental and private owners and users of surface rights
News & Insights
News
Speaking Engagements
Karl speaks regularly at CLE and similar educational presentations on title insurance and related topics.
Professional & Civic Activities
Professional & Civic Activities
Greater Kansas City Chamber of Commerce Centurions Leadership Program, Class of 2017
Kansas City Kansas Chamber of Commerce, Board of Directors
Start at Zero, Board of Directors
Certified Commercial Investment Member (CCIM), Kansas City Chapter
Practices & Industries
Admissions
- Kansas
- Missouri
- Nebraska
Education
William Mitchell College of Law, J.D., cum laude, 2008
Lake Forest College, B.A., cum laude, 2004
