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Devon A. Kinnard

About
Devon A. Kinnard

Devon A. Kinnard advises financial institutions and commercial clients on sophisticated banking and finance matters, with a primary focus on structuring and documenting complex commercial transactions. His practice includes bilateral and syndicated asset-based lending, commercial real estate financing, and other credit facilities involving multi-tranche and cross-border arrangements.

Devon represents a broad range of financial institutions, including regional and national banks and credit unions, providing strategic counsel on internal investigations, corporate governance, charter conversions, and other critical corporate transactions.

His experience spans advising both lenders and borrowers on a wide array of financing solutions, including commercial real estate and construction loans, asset-based lending facilities, accounts receivable financings, and specialized healthcare receivables financing. He regularly counsels clients on transactions involving U.S. Small Business Administration (SBA) and other quasi-governmental agency guarantees, as well as inventory and equipment financing and domestic and international letters of credit.

In addition, Devon has significant experience in bond and public finance transactions, particularly in the nonprofit and education sectors. He represents purchasers in direct placement transactions involving both tax-exempt and taxable financings, addressing the unique regulatory and operational considerations of educational institutions and nonprofit organizations. His practice also includes advising on state and federal tax credit financing structures that support capital formation through both traditional and innovative financing vehicles.

Devon further advises clients on complex workouts, forbearance arrangements, and financial restructurings, helping to stabilize and preserve distressed credit relationships.

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Education:

• J.D. (cum laude), Duquesne University School of Law (Duquesne Business Law Journal)

• M.B.A. Finance (summa cum laude), Duquesne University Graduate School of Business

• B.A. (cum laude), Clark University

Admissions:

• Massachusetts; U.S. District Court for the District of Massachusetts.

Representative Experience:

• Represented lead bank and arranger in a $24MM state and federal historic tax credit equity financing transaction. Financing was syndicated amongst six regional banks and involved a multi-state group of various state and federal historic tax credit purchasers through a complex tax credit equity purchase and sale arrangement.

• Represented a large, New England lender in connection with its extension of a $18.45MM syndicated, swapped credit facility for the financing of a 40+ acre mixed use complex comprising commercial office space, residential apartments, condominiums and luxury homes, open air retail shops and green space.

• Served as purchaser’s counsel in connection with the direct purchase of $6.2MM in tax-exempt bonds issued by the Massachusetts Development Finance Authority for a large skilled nursing, assisted living and home health services provider and its various affiliates.

• Served as local counsel to a large, national developer in connection with its acquisition and $500MM mortgage financing of various properties situated in opportunity zones throughout Massachusetts.

• Represented a regional lender in its extension of various line of credit, term and commercial mortgage loan facilities (aggregating $10MM) to a U.S. based plastics manufacturer and its foreign subsidiaries.

• Represented regional lender in connection with its participation and purchase of interests in $11.6MM of multiple loan facilities extended to a large, Boston-area network of Dunkin’® stores.

• Represented regional lender in its extension of $8.21MM in commercial mortgage loan facilities to a public housing authority.

• Represented multi-national manufacturing and distribution companies, having various manufacturing facilities and assets in the United States, Italy, and Hong Kong, in extensions of various revolving and term loan facilities (aggregating $9MM).

• Represented a regional lender in connection with an extension of a $20MM construction line of credit facility for the partial financing of constructing a 168-unit apartment complex.

• Served as lead counsel to a regional lender in connection with an $24.5MM refinance of a well-known mixed-use retail complex in Massachusetts.

• Represented a start-up green building consultancy and real estate developer in connection with its acquisition of a business sub-unit from a global mechanical systems corporation having revenues in excess of $1B.

Professional / Community:

• Boston Bar Association

• Catholic Charities of the Diocese of Worcester

• Lupus Foundation New England

• Massachusetts Bar Association

• Municipal bond attorney listed in The Bond Buyer’s Municipal Marketplace (a/k/a the “Red Book”)

• Worcester County Bar Association

• Worcester Regional Chamber of Commerce

Awards / Honors:

• U.S. News – Best Lawyers® in Banking & Finance; Business Organizations; and Commercial Transactions / UCC Law.

• Massachusetts Super Lawyers® Rising Stars

• Peer Review AV® Preeminent™ rated by Martindale-Hubbell, the highest bestowed rating

We're Excited to Announce!

Stephen Silver has joined Sassoon Cymrot Law