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Keith S. Varian, a partner at Murtha Cullina, is chair of the firm's Commercial Finance & Lending practice. He is a member of the firm’s Real Estate, Public Finance, Long-Term Care, Health Care and Retail & Hospitality practices. 

Keith regularly counsels and represents clients in connection with a wide range of real estate transactions including development projects, leases, purchases and sales. His practice includes representation of lenders and borrowers in commercial real estate and asset based financings including term and construction loan facilities, revolving credit facilities, participations, co-lending transactions and other types of credit facilities. Keith has experience representing lenders and borrowers in connection with financings for renewable energy projects including solar (both ground mounted and rooftop), fuel cell, wind and other energy efficiency measures as well as representing lenders in CPACE financings.

Keith represents nursing homes, assisted living communities, CCRCs, home health care and hospice agencies, hospitals and physicians in connection with a wide range of transactional and real estate matters including purchases, sales, leases, HUD and private lender financings, contractual matters, capital expansions, joint venture participation, operations transfer agreements, and asset purchase agreements. As a member of the firm’s Public Finance practice, he represents hospitals, nursing homes, assisted living facilities, schools, underwriters, trustees, municipalities and banks in the issuance of tax-exempt bonds.

Keith is also a member of the firm's Executive Committee.

As a Fairfield, Connecticut resident, Keith is the Chairman of the Town of Fairfield's Golf Commission.

  • Represented nonprofit long-term care provider in tax-exempt bond financing issued by CHEFA for up to $70,000,000 in the aggregate for construction of an approximately 124,000 square foot building, consisting of approximately 55 independent living units and related underground and surface parking, structural connections to the existing facilities, and other improvements, including but not limited to, a fitness and wellness center, dining venues, changes to interior roadways and new pedestrian pathways.

  • Represented nonprofit long-term care provider in tax-exempt bond financing issued by CHEFA for up to $81,600,000 in the aggregate for the conversion of the existing 120 semi-private nursing beds to: (a) 76 nursing beds, consisting of 44 private and 32 semi-private beds and 20 private assisted living beds, (b) the construction of 32 new assisted living units and four care-taker units, and (c) the construction of certain new amenities including a social hub, café, test kitchen, greenhouse, a health clinic, fitness, yoga, and movement studios, an art studio and maker spaces, learning lab, technology center and classrooms, a media room and performing arts space.

  • Represented regional bank as agent and lead lender in syndicated construction loan up to $31,550,000 and a federal historic tax credit bridge loan up to $7,687,500 in connection with the redevelopment of downtown Hartford state offices building into 160 apartment units and approximately 20,000 square feet of commercial and retail space, which transaction included second lien secured credit facility provided by CRDA to the borrower in an amount up to $7,000,000.

  • Represented regional bank as agent and lead lender in construction loan up to $34,000,000 in connection with second phase of a larger multi-phased master planned urban redevelopment adjacent to Dunkin' Donuts Park in Hartford, Connecticut, containing 237 apartment units totaling approximately 250,000 gross square feet with 522 parking spaces including 4,500 square feet of ground floor, which transaction included second lien secured credit facility provided by CRDA to the borrower in an amount up to $13,600,000. The project was part of a planned community and subject to a ground lease.

  • Real Estate Finance Association of Connecticut (REFA)

  • International Council of Shopping Centers (ICSC)

  • LeadingAge Connecticut

  • Association of Long Term Care Financial Managers, Board Member

  • Connecticut Assisted Living Association

  • Connecticut Association of Health Care Facilities

  • Connecticut Bar Association

  • Fairfield County Bar Association

  • NAIOP, the Commercial Real Estate Development Association

  • American Health Lawyers Association

  • Connecticut Health Lawyers Association

  • National Association of Bond Lawyers

  • Judicial Intern for the Honorable James Gwin, Northern District of Ohio 

Areas of Focus

Services

Industries

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Credentials

Education

  • Case Western Reserve University (J.D.)
  • Providence College (B.A.)

Bar & Court Admissions

  • New York
  • Connecticut
  • Ohio