Guiding Real Estate Success with Expertise and Insight –Kymn Harp
Kymn Harp has enormous experience gained from over four decades in commercial real estate transactions and development, and service as a distinguished member of the Executive Committee at the Robbins DiMonte law firm and former Chair of the firm’s Business and Real Estate Transactions practice group. His standing in the legal community epitomizes his status as a trusted advisor to his clients. Harp’s concrete approach and extensive experience in real estate law have cemented his reputation as an undeniable thought leader. He is well known for his ability to clearly identify transaction objectives, manage the due diligence process, and devise creative solutions to difficult challenges. All the while, he remains clear-eyed and cool-headed as he helps his clients achieve their transaction objectives, both at closing and into the future.
Harp’s publications and writings are illustrative of his pragmatic approach and profound understanding of real estate law. His 2016 publication, Illinois Commercial Real Estate – Due Diligence to Closing, with Checklists, is a comprehensive guide for individuals involved in Illinois commercial real estate. This informative book offers readers unique and practical perspectives that blend Harp’s lifetime of experience as a tireless commercial real estate lawyer with his upbringing in a real estate family. The handbook is a valuable resource for a wide range of professionals in the commercial real estate industry, as it collectively yields practical advice and protocols that simplify the due diligence and closing processes.
Harp’s numerous articles and presentations also demonstrate his far-ranging understanding of the intricacies of real estate transactions. He periodically contributes to the Illinois Institute for Continuing Legal Education (IICLE) and the Illinois State Bar Association (ISBA), where he explains the ins-and-outs of handling complex commercial real estate transactions and issues. For instance, his article “Mitigation of Damages in Commercial Lease Disputes” digs deep into the intricacies of Illinois law and identifies strategies to help commercial landlords maximize recoveries and tenants to minimize damages in case of a lease default. This comprehensive explication not only underscores Harp’s capacity to analyze legal principles but also his ability to impart complex concepts in a manner that is easily understood.
Harp’s writing frequently underscores the importance of precise and deliberate transaction management. He is a master in the art of drafting and negotiating a wide array of development agreements, including public-private partnerships, air-rights development agreements, and LLC operating agreements between investors and the developer. His brilliance in the aid of complex real estate investments is observed by his comprehensive understanding of IRC Section 1031 tax-deferred exchanges and tenant-in-common agreements. His clients are able to accomplish their investment objectives by ensuring that each transaction is managed efficiently and effectively, thanks to Harp’s holistic approach.
Harp’s practical experience in managing distressed loan workouts and deconversions of commercial and industrial properties further demonstrate his profound and diverse understanding of issues facing the real estate sector. He frequently collaborates with tax attorneys, construction attorneys, and other specialists to offer comprehensive solutions customized to his clients’ specific needs. This team-based approach makes sure that all elements of a transaction are deftly managed from the beginning till the end.
Harp’s influence is not limited to the practice of law; it extends to the legal community at large and includes his appointment as a member of the Real Estate Law Section Council of the Illinois State Bar Association. His consistent inclusion in the Illinois Super Lawyers list for the past 17 years, as well as his recent mention for 2024 in the areas of real estate and business transactions, are a testament to his ongoing contributions to the legal community. This acknowledgment recognizes his dedication, expertise, and influence in the area of real estate law.
Robert Kymn Harp’s professional trajectory serves as a testament to his practical approach and detailed understanding of real estate law. Harp’s notable contributions to the field via his publications, presentations, and practical legal work provide invaluable guidance and insights to understand and execute commercial real estate transactions. His commitment to excellence in the legal profession is exemplified by his constant commitment to assisting clients in achieving their transaction objectives.