Courtney Krause has extensive experience representing public pension systems and high net worth individuals in connection with their investments in alternative investments, including investments in private equity funds, venture funds, infrastructure commingled funds and real estate commingled funds. She also advises clients on a wide range of real estate related transactional matters, including leasing and acquisitions, construction and permanent financing, landlord-tenant issues, insurance and other matters related to the ownership and leasing of real property.
Prior to working at Nossaman, Courtney was a real estate attorney at a Bay Area-based law firm.
ALTERNATIVE INVESTMENT FUND MATTERS
Representative Work. Courtney routinely represents public pension plans in connection with their alternative investment programs. With respect to investments in commingled real estate and infrastructure funds, Courtney is responsible reviewing the fund documents, preparing memoranda of legal analysis and recommendations, advising with respect to the terms and conditions of the investments, and assisting with the preparation of investor questionnaires.
Representative Clients. Colorado Public Employees' Retirement Association; Delaware Public Employees’ Retirement System; Maryland State Retirement and Pension System; New York State Teachers’ Retirement System; Office of the Treasurer, State of Connecticut; State of Hawaii Employees’ Retirement System; Alameda County Employees’ Retirement System; Imperial County Employees’ Retirement System; Kern County Employees’ Retirement System; Los Angeles City Employees’ Retirement System; Los Angeles County Employees’ Retirement Association; Los Angeles Fire and Police Pensions; Los Angeles Water and Power Employees’ Retirement Plan and Retiree Health Benefits Fund; Marin County Employees’ Retirement Association; Merced County Employees’ Retirement Association; Sacramento County Employees’ Retirement System; San Diego County Employees’ Retirement Association; San Francisco Emplouyees’ Retirement System; San Luis Obispo County Pension Trust; Tulare County Employees’ Retirement System; and Ventura County Employees’ Retirement Association.
REAL ESTATE TRANSACTIONAL MATTERS
Public Pension Plan Client. Represented a public pension plan in connection with the acquisition, leasing and disposition of its separate account real estate assets. Assisted with the liquidation of the plan’s real estate portfolio and roll-over into two commingled real estate funds. Worked with client and opposing counsel to document and negotiate the terms and conditions governing the plan’s investment in the commingled real estate funds.
Public Pension Plan Client. Represented a public pension plan in sale of two commercial office buildings located in Florida. Drafted purchase and sale agreement for parcels. Coordinated with property manager to obtain estoppels from tenants and to successfully clear title prior to the sale. Continued to work with client adviser and opposing counsel to resolve all post-closing matters.
Public Pension Plan Client. Represented a public pension plan in sale of 236-unit residential complex in Illinois. Worked with property manager to meet property transfer requirements required by the municipality.
Private Real Estate Client. Represented a private client in purchasing a high-rise office building in downtown San Francisco pursuant to a sale-lease back agreement. Reviewed title and survey, drafted title objections and worked with title officer to resolve title issues, including locating a missing deed in the chain of title. Reviewed and summarized leases of existing tenants in building. Drafted and negotiated lease-back agreement consisting of both ground floor retail space and several floors of office space to. Lease agreement included exterior signage rights, parking and renovation covenant provisions.
Senior Housing, Assisted Living and Memory Care Client. Represents developer and operator of senior housing, assisted living and memory care communities with respect to construction financing, permanent financing, and corporate organizational matters.
Technology Industry Client. Represented a technology industry client purchasing a commercial building in Fremont, California. Drafted purchase and sale agreement, cooperated with the seller to achieve a legal parcel separation, and drafted agreements concerning the future joint maintenance of the landscaping and parking lots shared with the neighboring building. Reviewed client’s bank loan documents
- 09.15.2016 | Law360
- California's Legislature Puts Additional Disclosure Pressure on Fund Managers with the Passage of AB 283308.26.2016 | Nossaman eAlert
- Co-Tenancy Breaches and Remedies: Drafting Guidance for Landlords and Tenants After Grand Prospect Partners02.2015 | CA Real Property Journal
- Nossaman's 2019 Public Pensions & Investments Fiduciaries' Forum09.05.2019
- Nossaman's 2019 Public Pensions & Investments Fiduciaries' Forum09.04.2019
- Nossaman's 2018 Public Pensions & Investments Fiduciaries' Forum10.19.2018
- Nossaman's 2017 Public Pensions & Investments Fiduciaries' Forum11.30.2017
- Nossaman's 2016 Public Pensions & Investments Fiduciaries' Forum10.27.2016
Community & Professional
National Association of Public Pension Attorneys