Kimberly Kupka

Partner | Corporate

About
Credentials
Experience

About

Kimberly focuses her practice exclusively on commercial real estate and has spent nearly 20 years representing investors, developers, major corporations, and other real estate owners and tenants in commercial real estate transactions, including acquisitions, dispositions, financings, real estate joint ventures, commercial leasing transactions, and online auctions. She has extensive experience in managing large, multi-site, multi-jurisdiction acquisitions, dispositions, and financings, including numerous single-site and portfolio sale-leaseback transactions. Her practice has spanned a wide variety of property types, including office, retail, multi-family, restaurants, convenience stores and gas stations, and industrial.

  • In today’s evolving market, she is increasingly working with clients on optimizing asset value through lease restructuring, renegotiation, and renewals, in both Chapter 11 bankruptcies and out-of-court restructurings.

    Kimberly frequently serves as Pennsylvania local counsel for real estate transactions and financings, including borrower opinion letters.

    Having spent time on the business side prior to founding Vintage Law, she can provide business-focused, cost-effective legal services. As a partner in CoveredBridge Ventures, she spent five years with a client in running a real estate investment and advisory business, managing investments and providing interdisciplinary consulting and legal services to private equity firms and real estate investors, and developers by assisting them in the due diligence and execution of new transactions, as well as providing legal support and project management to investment teams. She also provided transactional project management and closing execution for their own investments, including handling all aspects of our acquisitions, due diligence, and property sales, and executing asset management business plans post-closing.

    Prior to joining CoveredBridge Ventures, Kimberly worked in the real estate and finance department of Klehr Harrison, a large Philadelphia-based law firm, working for local and national clients on complex deals. While she maintained a broad-based commercial real estate practice, a significant portion of my work was focused on the real estate side of private equity M&A transactions.


Practices

  • Bankruptcy, Financial Restructuring, and Reorganization

  • Commercial Transactions

  • Mergers and Acquisitions

  • Opinions

  • Private Equity and Venture Capital

  • Real Estate

Admissions

  • Pennsylvania

  • New Jersey


Education

  • Temple University Beasley School of Law, J.D., 2006

  • Temple University, B.A., Journalism, 2001

Experience

  • Vintage Law, LLC


Representative Matters

  • Represented national retailers in the renegotiation of their lease portfolios, including Mattress Firm, Ascena (d/b/a Ann Taylor, Loft, and Lane Bryant), Bed Bath & Beyond, buybuy Baby, West Marine, and Rite Aid Corporation.

  • Represented a Philadelphia investor and developer in numerous acquisitions, financings, and dispositions of mixed-use, residential, and office buildings in activating the northern edge section of Center City Philadelphia.

  • Represented one of the largest Planet Fitness franchisees in negotiating commercial leases.

  • Represented numerous landlords in the negotiation of office, retail, and restaurant leases.

  • Represented an investor and developer in acquiring, assembling, and financing various properties in an emerging life sciences market.

  • Executed the portfolio acquisition and sale-leaseback, asset management, and subsequent individual disposition of 14 Central Parking garage and parking lot assets.

  • Provided acquisition and asset management support to a Philadelphia-area real estate investment and development firm, including executing the due diligence and acquisition of a multi-state 12-property, 2.3 million square foot portfolio, and of an 885,000 square foot landmark office building in Center City Philadelphia.

  • Advised a Philadelphia private equity firm in the holding, preservation, and sale of various parcels in an industrial mill complex.

  • Provided acquisition and asset management support to a Philadelphia-based developer. Projects included the acquisition of the Divine Lorraine, a landmark building in Philadelphia, via sheriff sale, recapitalization of an apartment building, negotiation of LOIs, agreements of sale and leases, diligence oversight and review, tenant management, and support for RACP and tax credit applications.

  • Oversaw the acquisition, asset management, and disposition via eminent domain litigation of an asset in Hartford, CT.

  • Represented sellers and buyers transacting on Ten-X (formerly Auction.com).

  • Represented a national private equity firm in its real estate activities related to:

    • The acquisition and financing of a 530+ restaurant chain, including the renegotiation of a 100-property lease portfolio with a REIT landlord.

    • The acquisition of Friendly Ice Cream Corporation, and the simultaneous sale-leaseback of 116 fee and ground-leased restaurants.

    • The acquisition of 600 Boston Market locations, and the simultaneous sale-leaseback of a portion of the portfolio to a REIT landlord.

    • The acquisition of a 73-store barbecue restaurant chain, and the simultaneous sale-leaseback of 30+ restaurant locations.

    • The acquisition of a controlling interest in The Limited, a national clothing store chain with a 275+ retail lease portfolio.

    • The acquisition of a 270-store midwestern supermarket and convenience store chain and the subsequent sale-leaseback of a portion of the portfolio.

    • The acquisition of convenience store and gas station chains, and the simultaneous or subsequent sale-leaseback of the portfolio’s properties.

    • The acquisition of seven manufacturing companies, including the acquisition of more than 30 industrial facilities.