Real Estate

“‘Solid transactional practice that offers experience across all stages of commercial property development, including the purchase, financing, leasing and sale of assets. Offers expertise in the regulations governing developments such as land use and zoning laws. Also noted for its strength in real estate litigation.’” - CHAMBERS USA

Kramon & Graham has a full-service real estate practice offering transactional, corporate, and litigation services to a broad range of clients. We routinely represent clients in multi-million dollar real estate transactions and projects. We are proud to have assisted in some of Maryland's most prominent real estate deals.

Our clients include local, regional, and national developers and owners and operators of office buildings, industrial buildings, shopping centers, homebuilders, and apartment buildings. We have substantial experience in complex real estate transactions, large-scale land development projects, zoning and land use issues, financings, environmental issues, lending matters, and related litigation. Our real estate lawyers handle significant purchase and sale transactions and 1031 transactions. We negotiate and prepare sale and other closing documents, post-closing agreements, and leases.

We also represent real estate clients in refinancing and ownership restructuring. We facilitate the purchase of landlord interests in ground leases, creating the entities to hold title to the properties, and negotiating and closing loans. We assist lenders and commercial borrowers in documenting loans for real estate acquisitions, development, construction and permanent loans, including 501(3)(c) organizations and apartment owners in HUD financings.

We handle litigation concerning tax-credit transactions, property rights among shopping center owners and tenants, developer and builder liabilities in condominium and homeowner association disputes, title and boundary disputes, and commercial landlord-tenant disputes.

Kramon & Graham's real estate attorneys are recognized as leaders in their field by Chambers USA, Best Lawyers and Maryland Super Lawyers. We are active in many local and national real estate industry organizations including the National Association of Industrial and Office Properties (NAIOP), CREW Network, Urban Land Institute, and the Maryland Building Industry Association.

Representative Matters

Represented the developer in the acquisition of the seven-building, 400,000 square foot historic Dayton Arcade in downtown Dayton, Ohio. The $60 million acquisition involves working with a joint venture partner to secure title to the property and significant tax credits. The project will involve rehabilitating the vacant and deteriorating historic buildings into revitalized space for affordable housing, retail and office in a step towards the revitalization of downtown Dayton.

Represented the developer in a new $50 million, 300,000 square foot warehouse facility of Coastal Sunbelt Produce located in Jessup, Maryland. Assisted the developer with the negotiation of a long-term ground lease with the property owner, the negotiation of a lease with Coastal Sunbelt Produce, the $36 million construction financing, and the ultimate sale of the completed facility.

Represented the developer of Howard County's largest transit-oriented community on the Oxford Square Mixed-Use Transit-Oriented Community, a LEED certified construction project  consisting of 122 acres, 1,295 multifamily units, 197 townhome lots, 15,000 square feet of retail space, 166,000 square feet of office space, and a new elementary and middle school. Assisted the developer with the negotiation of a private equity and bank financing for the initial site development and for the construction of the retail component.

Represented the developer in the conversion of a former paint manufacturing warehouse to an 89,000 square foot BJ's Warehouse in connection with the initial purchase of the $7.5 million property, the $20 million construction financing and the ultimate disposition of the property to a third party purchaser.

Represented of the property owner of the Bagby Building in a $20 million refinancing of a 93,000 square foot office and retail building.

Represented the developer in the acquisition and financing for the rehabilitation of a 38,000 square foot manufacturing building into office space for nonprofit tenants. The transaction involved the use of New Market Tax Credits and Federal Historic Rehabilitation Tax Credits.

After a five-day trial in the Circuit Court for Baltimore City, obtained a judgment for more than $1.14 million in favor of a San Francisco-based institutional investor in historic tax credits. The investor questioned the legitimacy of the alleged expenditures incurred in connection with the rehabilitation of four historic properties (and thus questioned the historic tax credits based on those expenditures) after the developer’s agent provided purported certificates of occupancy that had not yet been issued by the City of Baltimore. Thereafter, the developer stymied the investor’s efforts to audit the actual expenses associated with the historic rehabilitation project.

Real Estate



Real Estate



Real Estate