Services
Industries
Education
Tulane University Law School, J.D., cum laude
University of California, Los Angeles (UCLA), B.A., cum laude
Bar Admissions
- California
- Michigan
- New Jersey
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
DBusiness Magazine, Top Lawyers, Banking & Financial Service Law, 2022-present
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).