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 was ranked in Band One of Chambers USA for banking and finance lawyers in the Denver market in 2020, only one of 5 attorneys to be so in Denver. He 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.

Education

  • University of Denver Sturm College of Law (J.D.)
    • Order of St. Ives
  • University of Minnesota (B.S.)

    Bar Admission

    • Colorado

    Court Admissions

    • U.S. District Court, District of Colorado

    Professional Affiliations

    • American Bar Association
      • Real Property Section
    • Colorado Bar Association
    • Denver Bar Association
    • Adams County Housing Authority
      • Member, Board of Commissioners and Past Chair

    Recognition

    • Selected for Inclusion in ColoradoBiz’s Colorado 500 List, 2026
    • Selected for inclusion in Best Lawyers in America® for Construction Law, 2024-2026
    • Ranked in Chambers USA: America's Leading Lawyers for Business, Colorado:
      • Construction, 2021-2025
      • Banking & Finance, 2020-2025
    • Selected for inclusion in Colorado Super Lawyers, Real Estate, 2011, 2012


     

    Publications
    Is your state regulation ready? a review of geologic carbon sequestration regulations in the United States
    Paul Franke co-authored “Is Your State Regulation Ready? A Review of Geologic Carbon Sequestration Regulations in the United States,” published in Carbon Management, which provides a comprehensive, comparative analysis of the evolving regulatory landscape governing geologic carbon sequestration (GCS) across all 50 states. The article evaluates state-level readiness through a structured assessment of 14 key legal and regulatory factors —including UIC primacy, pore space ownership and unitization, long-term liability frameworks, pipeline regulation and environmental justice considerations — assigning weighted scores to quantify each jurisdiction’s capacity to support GCS project development. The authors identify significant variability among states, with energy-producing jurisdictions and those with active federal support demonstrating the highest levels of preparedness and offer a practical framework for policymakers and
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    Proposed Rules for Class VI UIC Permits through the Colorado Energy and Carbon Management Commission
    On July 26, 2024, as part of the Colorado Energy and Carbon Management Commission’s (CECMC) ongoing efforts to obtain primacy to regulate Class VI wells for long term carbon sequestration under the U.S. Environmental Agency’s Class VI Underground Injection Control Permitting Program, the CECMC issued a preliminary set of draft rules for public comment. The draft rules can be found here and a link to the CECMC’s Class VI rulemaking website can be found here.  The CECMC initially requested public comment and feedback on this proposed rulemaking no later than August 7, 2024. However, the CECMC is undertaking concurrent proposed deep geothermal and cumulative impacts rulemakings. In order to give stakeholders affected by all three of these proposed rulemakings adequate time to respond, the
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