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 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

Regularly acts for major Canadian chartered banks in connection with structuring and implementing real estate debt financing and corporate debt financing on single-lender and syndicated facilities ranging from $15M to $160M

Acted for a major Canadian chartered bank in connection with the $133M construction financing of a 262,921 sq. ft. mixed-use property to be comprised of a 90-unit senior residence and a 181-unit rental property

Acted for a major Canadian chartered bank, as syndicated agent, in connection with the $120M syndicated faciltiies for the financing of a 537,609 sq. ft. office and retail property

Acted for an American lessor in connection with an equipment finance facility to a greenfield gold mine operation in Newfoundland and Labrador

Acted for a major Canadian chartered bank in connection with the $66.5M acquisition and development financing of a multi-residential property

Acted for a major Canadian chartered bank in connection with the $89M facilities for the refinancing of a newly-built warehousing and social-housing property

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

Corporate and Commercial

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)

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