Benjamin Kajer

Ben represents a broad range of lenders in complex financing and structured lending transactions, including commercial real estate lending, asset-based lending, traditional commercial lending, and unsecured lending.

Ben represents banks and other financial institutions in structuring, negotiating, and documenting complex loan and credit arrangements including asset-based, syndicated, and real estate financings. Additionally, he counsels lenders in workouts, restructurings, and other transactions involving defaulting borrowers.

Also included in Ben’s work is the representation of student housing development companies in borrower-side real estate financings to support the acquisition and development of student housing properties across the United States.

Ben has acted as agent’s counsel in connection with:

• $300,000,000 secured, syndicated revolving credit facility and term loan facility to a sporting goods retailer with a national footprint.
• Lead real estate counsel on a $220,000,000 secured, syndicated revolving and term loan credit facilities to a luxury vacation club with a large portfolio of vacation homes and travel experiences worldwide.
• $175,000,000 secured, syndicated revolving and term loan credit facilities to a construction materials company that primarily produces and supplies concrete and related products and services.
• $125,000,000 secured syndicated revolving credit facility to a construction and materials company focused on aggregate production and heavy civil construction projects.
• $120,000,000 secured, syndicated revolving and term loan credit facilities to a general contractor and specialty electrical/civil contractor focused on large commercial, industrial, energy, and infrastructure projects.
• $115,000,000 secured, syndicated revolving and term loan credit facilities to an aviation company that designs, manufactures, sells, and supports small general aviation airplanes.
• $115,000,000 secured, syndicated revolving and term loan credit facilities to an internet service provider that builds and operates fiber‑optic and wireless networks.
• $115,000,000 secured, syndicated revolving and term loan credit facilities to a company that designs and manufactures heavy equipment for processing and moving dry bulk materials like aggregates and minerals.
• $80,000,000 secured, syndicated revolving credit facility and term loan facilities to a road and infrastructure contractor focused on asphalt paving, excavation/grading, underground utilities, and related concrete work.
• $50,000,000 secured, syndicated revolving credit facility to an industrial manufacturer that makes scales and weight-related products used across many industries in the United States and Europe.
• $50,000,000 syndicated multi-currency revolving and term credit facilities to a retailer that sells manufactured and natural stone tile, luxury vinyl, and related setting and maintenance materials and accessories.

Ben has acted as lender’s counsel in connection with:

• $200,000,000 secured, term credit facility to various portfolio companies owned by a private real estate investment manager focused on primary-market sale‑leaseback and build‑to‑suit investments.
• $135,000,000 secured, revolving credit facility to a nationwide owner/operator of mainstream, business‑class, limited‑service and extended‑stay hotels under major national brands.
• $100,000,000 secured, revolving credit facility to a grocery wholesale store that specializes in convenience, grocery, and smoke shop items.
• $100,000,000 secured, term credit facilities to a nationwide developer of self-storage facilities.
• $100,000,000 secured, term credit facilities to a nationwide developer of investment real estate condominium and apartment complexes.
• $100,000,000 secured, revolving credit facility to a non-profit philanthropic foundation.
• $75,000,000 secured, revolving credit facility to an agricultural and heavy equipment dealer with locations across the United States.
• $70,000,000 secured, revolving credit facility to a nationwide care provider that supports people with developmental disabilities, mental health conditions, brain injuries, and related complex medical or behavioral needs, primarily through residential and community-based services.
• $50,000,000 secured, revolving and term credit facilities to a manufacturer of flooring underlayments and related systems.
• $50,000,000 secured, revolving and term credit facilities to an industrial machinery manufacturer that designs and builds large fans, blowers, and related air‑moving equipment for industrial and commercial HVAC and process applications.
• $45,000,000 secured, revolving and term facilities to a privately held trucking, fleet leasing, and logistics company that provides commercial truck rental, full‑service leasing, dedicated transportation, truckload and LTL hauling, and freight brokerage services across the United States.
• $40,000,000 secured, revolving facility and ESOP acquisition term credit facility to a marketing and mailing services company that handles high‑volume print and mail, data, and fulfillment for business campaigns.
• $37,000,000 secured, revolving and term credit facilities to a commercial truck, trailer, and construction equipment dealership handling sales, parts, and repair/service.
• $30,000,000 secured, revolving and term credit facilities to a solar developer that designs, finances, installs, owns/operates, and maintains on-site solar arrays for businesses, schools, governments, and nonprofits.
• $29,000,000 secured, revolving facility and acquisition term credit facility to facilitate acquisition and working capital needs for a hardwood lumber manufacturer that produces kiln‑dried hardwood lumber and dimensional wood components for manufacturers and distributors in the United States and overseas.
• $25,000,000 secured, revolving and term facilities to a manufacturer of industrial tooling used to form and cut metal parts, primarily for sheet metal fabrication and stamping.
• $20,000,000 secured, revolving credit facility to a pharmaceutical wholesaler whose main client is the federal government.
• $15,000,000 secured, revolving credit facility to an IT services firm that provides tech‑enabled managed services, IT outsourcing, and cloud/hybrid infrastructure support to large enterprises.
• $15,000,000 secured, revolving credit facility to management services organizations that manage private oncology practices specializing in precision cancer treatment using targeted radiopharmaceutical therapies combined with advanced molecular imaging.
• $10,000,000 secured, revolving facility and ESOP acquisition term credit facility to a workplace interiors firm that designs and delivers integrated office environments using furniture, architectural products, and workplace technology.
• $8,000,000 secured, revolving credit facility to a nationwide, privately held, Medicare-certified hospice agency that provides end-of-life hospice and related palliative services to terminally ill patients and their families.

Ben’s workout representative experience includes serving as counsel to lenders in connection with:

• Real estate workout where the primary collateral was a flagged hotel.
• Workout involving a heavy‑duty and medium‑duty truck business focused on branded truck sales, parts, service, leasing, and export.
• Workout involving a regional restaurant chain.
• Workout involving a marketing agency that designs, builds, and manages trade show exhibits, events, and branded environments.
• Workout involving a consulting firm that specializes in global site selection, location strategy, and related economic incentive and labor analytics work for corporate clients.

Ben also has extensive experience representing borrowers in connection with their financing needs, and in particular has represented multiple student housing developers in borrower-side real estate financings to support the acquisition and development of student housing properties across the United States.