Cory Klumak

Associate

Cory is an Associate in KRB’s Banking and Finance group whose practice focuses on corporate financing, banking law, real estate, and corporate/commercial law, including asset-based lending, syndicated lending, restructuring transactions and related areas. He regularly represents institutional lenders and corporate borrowers and has worked with businesses in various industries including the retail, automotive and financial sectors, among other.

Prior to joining the team, Cory completed his legal studies in England at University of London and graduated with distinction. Upon returning to Montreal, he obtained his civil law equivalency at the University of Montreal and worked for one of the largest private industrial real estate holders in Eastern Canada, where he was involved primarily in acquisition, construction, leasing matters and other related areas.

Representative Work

Acted on behalf of a Canadian chartered bank in respect of the acquisition financing of a 5-property portfolio comprising 23 buildings and approximately 1,900 residential units located in Quebec City

Acted on behalf of a Canadian chartered bank in respect of the granting of credit facilities to a developer to finance the acquisition of 2 residential buildings comprised of 110 and 84 units, respectively

Acted on behalf of a Canadian chartered bank in connection with the take-out financing of an exceptional 18-storey mixed-use building including 321 apartment units and measuring nearly 14,000 sq. ft. located in Old Montreal

Acted on behalf of a Canadian chartered bank in respect of the acquisition financing of a large property located in the City of Montreal East

Acted on behalf of a Canadian chartered bank in respect of the acquisition financing of an iconic 2-building hotel in Montreal’s Old Port

Acted on behalf of two financial institutions as co-lenders in connection with the financing of a 161-unit Class A LEED-Gold certified building, which houses major financial institutions, large law firms and numerous retail services

Acted on the behalf of a major Canadian chartered bank in respect of the land and construction financing of a Pointe-Claire property slated for a 4-phase development project, the first phase of which consisted of the construction and development of an 11-story, 245-unit residential building

Acted on behalf of a real estate owner and manager of properties located throughout Canada and in the U.S. in respect of the acquisition from a major Canadian REIT of two shopping centres located in Quebec and Newfoundland and Labrador respectively, representing over 520,000 total leasable sq. ft.

Acted on behalf of two Canadian chartered banks in connection with the granting of credit facilities for the acquisition of an existing senior residence and the construction of two additional senior residence buildings located in L’Anciennce-Lorette, Quebec

Memberships and Affiliations

M&A Club Canada

Quebec Bar

Urban Development Institute of Quebec (UDI)

Young Canadians in Finance (YCIF)

Practice Areas

Banking and Finance

Real Estate

Education

University of Montreal, Certificate – Legal Education Refresher Program (2018)

University of London, LL.B. (2017)

Concordia University, GDBA (2015)

Concordia University (John Molson School of Business), B.Comm. (2013)

Year of Call

Quebec Bar (2021)

Team
Careers