Benjamin A. Kelley co-leads the firm’s Insurance Company and Institutional Investments Team. He counsels clients in all aspects of real estate-related legal matters with a primary emphasis on representing both lenders and borrowers in commercial real estate finance transactions. Ben’s experience includes construction/rehabilitation loans, forward commitments, acquisition loans, refinance loans, bridge loans, tenant improvement financings, credit tenant financings, mezzanine loans, note sales and acquisitions, loan-on-loan structures, structured and permanent financings (and assumptions and modifications thereof) of market rate and affordable multifamily housing projects, seniors housing projects, industrial/warehouse projects, office buildings/complexes, corporate parks, retail shopping centers, and mixed-use projects. Ben has a diverse practice that also includes representing real estate owners and developers in soup to nuts ground-up real estate development and finance transactions, representing equity owners in mezz/equity investments, representing buyers and sellers in acquiring, selling and financing commercial real estate, and representing commercial property owners and tenants in commercial leasing matters. Ben has represented agency (Fannie Mae, Freddie Mac, HUD) lenders, life insurance companies, banks, financial advisers, broker/dealers, trusts (including REITs), partnerships, LLCs, and corporations in connection with such transactions. He has represented real estate owners and developers in real estate development and finance transactions, and has represented commercial property owners in commercial leasing matters. Ben’s clients include agency (Fannie Mae, Freddie Mac, HUD) lenders, life insurance companies, banks, financial advisers, broker/dealers, trusts (including REITs), partnerships, LLCs, and corporations large and small. Ben has closed transactions of every size and type in connection with projects located in Maryland and throughout the country, and has extensive experience closing multi-property, multi-jurisdiction portfolio transactions. Before joining Ballard Spahr as an associate, Ben clerked in the firm’s Real Estate Department for two and a half years while attending law school at night, assisting in complex real estate finance transactions, bond transactions, mixed-use development projects, commercial leasing matters, and general corporate organizational matters.