Kelly M. Wrenn leads Ballard Spahr's Banking and Financial Services Industry Team. He is a lawyer who focuses on a wide range of transactional matters, with an emphasis on business finance transactions, real estate law, and commercial loan servicing.
Kelly is based in Washington, D.C., and his clients include portfolio, agency, and conduit lenders, commercial loan servicers, and other financial institutions. Significant rating agency contacts have been developed in connection with his structured-finance practice, and he has been involved in the closing of real estate and business finance transactions throughout the United States. He has been involved in a number of high-profile business finance transactions in recent years.
Services
- Finance
- Banking and Financial Services
- Real Estate
- Real Estate Finance
- Commercial Loan Servicing
- Distressed Real Estate
- Housing
- Bankruptcy, Creditors' Rights, and Restructuring
- Health Care
- Commercial Finance
- Real Estate and Construction Litigation
- Housing Finance
- Insurance Company and Institutional Investments
- Bridge Lending
- Distressed Office Buildings
- Distressed Assets and Opportunities
- Real Estate Private Credit and High-Yield
Experience
Representative Matters
- $200 million mezzanine financing for Rockefeller Center, New York
- $100 million mezzanine financing for an office tower at 277 Park Avenue, New York
- $25 million conduit (CMBS) loan secured by an office building in downtown Philadelphia; representation included resolving significant borrower structure issues, ensuring compliance with current rating agency requirements, and negotiating the complicated lockbox account agreement provisions
Professional Highlights
Professional Activities
American Bar Association
District of Columbia Bar Association
State Bar Association of Texas
Recognition & Accomplishments
The Best Lawyers in America, Real Estate Law (Washington, D.C.), 2015-2025
The Legal 500 US, Real Estate and Construction – Real Estate, 2011-2012, 2017; Real Estate - Real Estate, 2012, 2017, 2020, 2021; Real Estate - Real Estate Finance, 2021, 2022
Speaking Engagements
Moderator, "The View from Capitol Hill," CRE Finance Council Annual D.C. Symposium, November 21, 2019
Moderator, "A View from the Top – High Yield Investment Panel," 2019 Trigild Lender Conference, October 23, 2019
Speaker, "A Room with a Capitol Hill View: Legal and Regulatory Update," MBA's Commercial/Multifamily Servicing and Technology Conference 2018, May 22, 2018
Board Memberships & Community Service
CRE Finance Council, Board of Governors, 2019
Credentials
Education
Washington and Lee University School of Law (J.D. 1984)
Wake Forest University (B.A. 1980, cum laude)
Languages
German
Admissions
District of Columbia
Texas
Virginia