FacultyFaculty/Author Profile
Michelle V. Kelban

Michelle V. Kelban

Latham & Watkins LLP

New York, NY, USA

Michelle Kelban focuses her practice on all aspects of commercial real estate law, with a particular concentration on real estate finance. She represents capital providers in a range of real estate transactional structures and is a “skilled and extremely competent” lawyer who is "very knowledgeable and service oriented" according to The Legal 500 US.


  • Single asset and multiple property portfolio real estate financings for a range of property types and performing and non-performing loan assets
  • Mezzanine financings, preferred equity structures, equity investments, sale and leaseback transactions 
  • Joint ventures, development, acquisitions and dispositions 
  • Foreign investors with respect to all types of in-bound U.S. acquisitions, joint ventures and financings


Ms. Kelban has significant experience with a range of property types such as:

  • Hotels and resorts
  • Casinos
  • Shopping centers
  • Assisted living facilities
  • Office buildings

Ms. Kelban’s experience includes advising:

  • An institutional lender in multiple, highly structured loans secured by non-performing loans, performing loans and portfolios of fee assets
  • A Middle Eastern investor in acquiring the Intercontinental Barclay New York Hotel through a joint venture structure together with acquisition financing and construction financing and structuring for a major hotel renovation
  • An institutional lender in connection with a mortgage loan with a future advance component secured by 36 commercial real estate assets and a mezzanine loan secured by the equity interest in mortgage borrowers
  • A Middle Eastern investor in the purchase of the retail and hotel condominium components of a to be constructed trophy property in downtown Manhattan
  • Representation of a foreign investor in connection with the complex development joint venture, acquisition and pre-development financing of One Wall Street, a landmarked office building located in downtown New York City
  • A private equity fund as borrower pledging large non-performing loan portfolios as collateral under multiple loan transactions


JD, George Washington University Law School, 2000, with Highest Honors; Order of the Coif

BA, New York University, 1997, magna cum laude with Honors; Phi Beta Kappa

Bar Qualifications

New York

Recognition Highlights

Recommended forReal Estate by The Legal 500 US 2016

Sources describe Michelle Kelban as "very thoughtful and intelligent" and praise her "subtle negotiation style." Chambers USA 2016

The “great” and “smart” Michelle Kelban is described by clients as “very knowledgeable and good at getting to consensus.” Chambers USA 2015

Acclaimed by clients for "understanding the give and take dynamics of a deal." Chambers USA 2014

Profiled in the "Rising Stars" feature, highlighting top lawyers across the country under the age of 40. - Law360 2014

"Very knowledgeable and service oriented." - The Legal 500 US 2014

Michelle V. Kelban is associated with the following items:
Live Seminar  Live Seminar Commercial Real Estate Financing 2019, Tuesday, April 02, 2019, New York, NY
Live Webcast  Live Webcast Commercial Real Estate Financing 2019, Tuesday, April 02, 2019, New York, NY
PLI Grpcast-Live Web  PLI Grpcast-Live Web Commercial Real Estate Financing 2019, Tuesday, April 02, 2019, New Brunswick , NJ
Commercial Real Estate Financing 2019, Tuesday, April 02, 2019, Indianapolis, IN
Commercial Real Estate Financing 2019, Tuesday, April 02, 2019, Atlanta, GA

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