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Stacy H. Krumin
Partner
Stacy Krumin serves as a member of the firm’s Global Board and is the managing partner of our Tampa office.
Stacy has extensive experience working with clients on their commercial real estate development projects, investments in stabilized CRE assets and financings. Stacy works hand-in-hand with clients on investments across all commercial real estate asset classes. In addition, Stacy has a national leasing practice, representing owners and tenants in retail, office and industrial leases. Clients appreciate Stacy’s pragmatic, business-minded and solution-oriented approach to their transactions and business needs.
While commercial real estate and finance are the primary focus of Stacy’s practice, she also regularly handles the real estate components of corporate transactions and advises private equity sponsors with respect to the real estate needs of their portfolio companies, handling all such aspects of their acquisitions and financings. She also advises clients with respect to the transfer of loans, real estate and collateral interests in connection with bank branch asset sale transactions.
Stacy also draws from the corporate and banking experience gained in her representation of the US Department of Treasury in connection with the Emergency Economic Stabilization Act’s (EESA) Capital Purchase Program. She has advised the Treasury in making numerous investments in publicly traded and privately held banks and bank holding companies throughout the US. Stacy also led our representation of the Treasury as its sole outside counsel with respect to the EESA Housing Finance Agency Innovation Fund for the Hardest Hit Housing Markets, a state-level program aimed at residential foreclosure prevention and stabilization of housing markets. Throughout this representation, Stacy worked with Treasury to develop all required program documentation, adapt the same for each state and close transactions with 18 states and the District of Columbia aggregating US$7.6 billion.
In addition, Stacy has extensive experience representing lenders and borrowers in commercial real estate-backed loans, including securitized loans. During the global financial crisis, Stacy represented lenders with respect to their troubled real estate-backed and asset-based lending (ABL) loans, including workouts, restructuring, foreclosures and note sales. Stacy is also experienced in representing purchasers of troubled loans.
Stacy served as a member of our Advancing Black and Other Diverse Professionals Task Force and through that, played a role in the establishment of the firm’s Office of DEI. She also serves as a mentor to many young lawyers and is actively involved with our Women’s Enterprise.
- Handling all real estate matters for a convenience store retailer client’s 415 site US$1.5 billion sale-leaseback transaction.
- Representing the developer in connection with multiple retail and grocer-anchored centers, including acquisition, leasing, financing and all development aspects, such as establishing reciprocal easement agreements.
- Representing a fund sponsor with respect to its US$85 million acquisition of a 1.5-million-square-foot regional distribution facility leased to a credit tenant.
- Representing a real estate-focused investment company on dozens of its retail and self-storage developments and investments nationwide.
- Representing a super-regional bank on the origination of multiple multifamily loans in Florida, including a fractured condominium community.
- Representing an investment company on the US$25.5 million acquisition of a Quail Hunting Farm.
- Representing one of the largest Verizon Wireless retailers in the US with respect to its corporate acquisitions and national real estate needs.
- Handling all real estate matters for a convenience store retailer client in connection with its US$2.2 billion acquisition.
- Representation of the borrower in connection with a US$15 million CMBS mortgage loan to acquire and reposition a shopping center located in Jensen Beach, Florida.
- Representing a national franchise management and development company with respect to all leasing, contract, insurance and construction matters.
- Acting as lender’s counsel on multiple acquisition and rehabilitation loans to REIT-sponsored joint ventures for apartment, hotel and retail properties throughout the US.
- Representing a REIT-sponsored joint venture in a securitized financing of an office tower.
- Representing a super-regional bank on a number of its Florida troubled real estate-backed and ABL loans.
- Representing a public university with respect to the land acquisition and development of a high-tech medical learning facility.
Education
- University of Florida, J.D., with honors, 2000
- University of Florida, B.S.B.A., with honors, 1997
Admissions
- Florida, 2001
Memberships & Affiliations
- Member of the Commercial Real Estate Women (CREW) Tampa Bay
- Listed in The Best Lawyers in America, an honor based on an exhaustive peer-review process
- Co-author, “Renewed Purpose,” AFIRE’s Summit Journal – Summer/Fall 2022, August 25, 2022.
- Presenter, “Build-to-Rent Boom,” AFIRE’s Podcast #79, October 5, 2021.
- Co-author, “Build-to-Rent Boom,” AFIRE’s Summit Journal, August 3, 2021.
- Co-author, “‘Death of Retail’ Rumors Overblown,” Commercial Property Executive, April 18, 2018.
- Co-author, “Lessons Learned from the Natural Disasters of 2017,” Commercial Property Executive, January 3, 2018.