Paul Franke brings over 30 years of sophisticated real estate transactional, banking and finance and construction and design contracting 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 owners and operators, community land trusts and other 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 local governments, and successfully developed and implemented a RFQ for a local nonprofit client seeking to dispose of a 14 story 158 unit senior high rise project in Denver.
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 lending matters, including construction, mezzanine and permanent real estate financings for apartments, commercial office, industrial and warehouse properties, shopping centers and mixed use developments. 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. He represents financial institutions and borrowers in the documentation and closing of asset-based financings, including equipment leasing, aircraft finance, and accounts receivable and inventory financing and he counsels clients 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 expertise in the drafting and negotiation of construction, design and engineering contracts for all types of clients, including hospital systems and owners and developers of other health care real estate; 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 procurements and construction agreement, and integrated delivery. He advises owners of women and minority owned business enterprises, small business enterprises and disadvantaged business 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.