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Kasturi Bagchi

Principal

Office

T:
+1.313.496.7663
O:
+1.313.963.6420
F:
+1.313.496.7500
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Education

Tulane University Law School, J.D., cum laude

University of California, Los Angeles (UCLA), B.A., cum laude

Bar Admissions

Kasturi Bagchi counsels and manages risk for clients in real estate acquisitions and financings and other asset-based transactions. Having closed such transactions from both a purchaser/borrower perspective and a lender perspective, she quickly navigates through transactions, spots issues and solves problems to close deals on time and efficiently.

Kasturi previously served as a law clerk for the Hon. Judge William Albrecht and the Hon. Judge Harry K. Seybolt of the Superior Court of New Jersey.

Representative Matters

  • Represented lenders in acquisition financing, construction lending and refinancing involving multi-family projects, office buildings, hotels and/or shopping centers in Michigan and other states from commitment stage through deed in lieu stage
  • Represented bridge lender in mortgage loans, note purchases and note financings to rescue distressed borrowers from foreclosing lenders
  • Created loan document templates for bridge lender launching new California lending program
  • Created loan document templates for lender launching new line of credit program for financing manufactured homes
  • Closed over $600 million in FNMA or Freddie Mac loans for borrowers
  • Extensive experience assisting with acquisition and financing of manufactured home communities in multi-state and/or multi-property transactions

Honors

Best Lawyers in America, 2019-present, Real Estate Law

Professional Activities

State Bar of Michigan

State Bar of California

State Bar of New Jersey

Civic, Cultural & Social Activities

Indo American Chamber of Commerce USA, Board of Directors, 2011-2015

TiE Detroit Conference, Event Chair, 2009, 2010, and 2016

Publications

Kasturi Bagchi and Michael Hauser, Reclassification of Property by the State Tax Commission Threatens Loss of Tax Incentives, 30 Mich. Business L.J. 28 (2010).

Kasturi Bagchi, Relocating Your Medical Practice: Are REOs the Right Market For You?, 5 M.L.R. 33 (2009).

Kasturi Bagchi and Danielle Spehar, With (Extra) Due Diligence, It Can Be a Buyer’s Market For Real Estate-Related Business Notes, 22 Mich.L.W. 676 (April 21, 2008).

Brandy L. Swykert and Kasturi Bagchi, Revisions to Condo Act Can Reduce Paperwork, Commercial Inc., July 2001 at 17.

Kasturi Bagchi, Application of the Rule of Lenity: The Specter of the Midnight Dumper Returns, 8 Tulane Environmental L.J. 265 (1994).