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Elizabeth Karmin

Elizabeth A. Karmin

Partner
Phone: 202.971.4065
Fax: 202.408.5146
bkarmin@mmmlaw.com
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Betsy Karmin's clients rely on her as a trusted business advisor who has extensive knowledge of a wide range of real estate matters as well as a practical "can do" approach to getting deals done. She concentrates her practice on a broad range of commercial real estate transactions, including financing, restructuring, joint ventures, development, leasing, acquisitions and sales. Betsy has extensive experience representing landlords and tenants in office and retail leasing, as well as lenders and borrowers for complex construction, permanent and mezzanine financing. She also represents a national franchiser in structuring complex air rights and redevelopment projects and has extensive experience representing private equity fund investors in all aspects of their real estate portfolios.

Representative Experience

  • Representing The Virginia Tech Foundation, Inc. in the acquisition, leasing, and development of property for a 1 million square foot "Innovation Campus" in Alexandria, Virginia. The project will represent an investment of over a billion dollars by the Commonwealth of Virginia, Virginia Tech, and The Virginia Tech Foundation, Inc.
  • Represented a national equity investor in the acquisition, financing, redevelopment, and leasing of an office building in McLean, Virginia
  • Represented Washington Gas in leasing its new corporate headquarters in Washington, D.C.
  • Represented a national equity investor in the joint venture acquisition, development, financing and leasing of three buildings near Charleston, South Carolina
  • Represented a landlord for a 200,000 square foot lease to Skadden, Arps, Slate, Meagher & Flom LLP, which lease received the 2011 Washington Business Journal Best Real Estate Deal Award for Lease Renewal
  • Represented a landlord for a 173,000 square foot lease to The CNA Corporation; which lease received the 2012 Commercial Real Estate Women Dealmaking Award
  • Represented a national equity investor and a Florida developer in the joint venture acquisition of land and the construction, financing, leasing, and sale of an industrial property in Ocala, Florida
  • Represented a private equity investor and a Baltimore based developer in the joint venture acquisition, financing, and sale of 42 retail properties in Fredericksburg, Virginia
  • Represented a national equity investor for a $38 million private equity qualified opportunity zone investment and joint venture transaction as well as a $42 million construction loan pertaining to the development of a Virgin Hotel in New Orleans, Louisiana
  • Represented a national investment advisor, on behalf of a pension plan, to lease, finance, and sell a 214,000 square foot office building in Washington, D.C.
  • Represented a national equity investor in the joint venture acquisition and sale of four hotels near Orlando, Florida
  • Represented a national equity investor and its joint venture partner in connection with over $200 million of financing secured by a portfolio of properties in eight states

Accolades

  • Selected, Chambers USA, Real Estate, 2018 - 2022, 2024
  • Selected, Best Lawyers, Real Estate Law, 2019 – 2025
  • Selected, Real Estate Forum Magazine, Women of Influence Issue, 2019
  • Listed, Legal 500, Real Estate, 2018
  • Washington's Top Lawyers, Real Estate, Washingtonian, 2015
  • Selected, Washington, D.C.'s Legal Elite by SmartCEO magazine, 2011.
  • Co-author, Washington, D.C. Chapter of the State-by-State Guide to Commercial Real Estate Leases, Second, Third and Fourth Editions, published by Aspen Publishers.
  • Commercial Real Estate Women (CREW) Annual Achievement Award, 2015

Membership

  • Board of Directors, Goodwill of Greater Washington
  • Board of Directors, Woolly Mammoth Theatre Company
  • Member, Urban Land Institute
  • Member, D.C. Building Industry Association
  • Past President, Commercial Real Estate Women, Washington, D.C. Chapter

MMMPact in the Community

  • MMMPact Pro Bono Super Star, 2018

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