Lawyer Image

W. Kent Ihrig

Partner, Financial Services Practice Administrator
Bank of America Plaza
101 E. Kennedy Boulevard
Suite 2800
Tampa, FL 33602
Direct813.227.2354
Fax813.229.1660
kihrig@slk-law.com

Assistant

Tammy Quesada
Direct813.676.7209
tquesada@slk-law.com

Kent serves as chair of Shumaker, Loop & Kendrick, LLP’s firm-wide Financial Services practice group and has substantial experience in representing financial institutions and other lenders in a wide variety of domestic and international commercial lending and related activities.

Clients lending to a broad range of industries, including health care, hospitality, technology, transportation, and sports and entertainment, draw on Kent’s vast experience of more than three decades. His proven track record handling a full range of deal structures includes:

  • Real estate acquisition/development
  • Construction and term lending
  • Ground lease financing
  • Asset based lending
  • Health care, utilities, and other regulated industries (including HMOs and FCC licensed broadcasters) financing
  • Preferred ships mortgage financing
  • Subordinated debt
  • Letters of credit
  • C&I, corporate, and commercial lending
  • Acquisition financing in M&A transactions
  • Dividend recapitalization financings

Additionally, he has been involved in the financing of numerous public/private projects, serving as issuer's counsel, developer's counsel, underwriter's counsel, and credit enhancer's counsel. Representative projects include port facilities, airport improvements, health care facilities, and serving as counsel to a major league baseball club in connection with development and construction of a spring training/minor league baseball stadium and related facilities.

In addition, institutional lenders look to Kent for representation in connection with structuring, negotiating, and documenting asset restructures, recoveries, and dispositions, and loan workouts comprised of forbearance agreements, structured settlements, deeds in lieu of foreclosure, cash collateral arrangements, and debtor in possession (“DIP”) loan transactions. A trusted advisor, he serves as counsel to public and private companies, equity and venture funds, and portfolio companies in connection with syndicated borrowings, including revolving credit facilities, term loan A and term loan B facilities, acquisition and roll-up financings, and debt offerings and placements.

Kent has frequently lectured on commercial loan documentation, secured transactions, lender liability, and opinion letter issues.

Although his legal practice keeps him very busy, Kent has been very active in youth lacrosse, having co-founded South Tampa Sticks Youth Lacrosse, on whose board he has sat for 17 years, and serving on the board of the Hillsborough County Lacrosse Alliance. He likes to spend his free time with his wife on their small farm and is focused on getting his children through school.

Representative Matters

  • Current representation of top 25 U.S. bank in connection with $52 million in the aggregate credit facilities consisting of a term loan and a revolving credit facility secured by fee and ground leased property for a Gulf coast resort and condominium project.
  • Current representation of top 25 U.S. bank in connection with a $33.4 million construction mortgage loan for construction of residential apartment complexes within the One Daytona mixed-use project in Daytona Beach, Florida.
  • Current representation of super-regional bank in connection with a $5.85 construction/term deed of trust loan, with mezzanine funding, for a licensed adult living facility in Burke County, North Carolina.
  • Current representation of top 25 U.S. bank in connection with credit facilities aggregating $35 million consisting of a term loan, accordion term loan, revolving credit facility, and letter of credit subfacility, for a central Florida manufacturing company for a dividend recap.
  • Current representation of top 25 U.S. bank in connection with a $7.4 million construction/term mortgage loan for a licensed adult living facility with memory care unit in Lee County,  Florida.
  • Current representation of a super-regional bank in connection with a $12.64 million construction/term mortgage loan for corporate headquarters building in Ybor City, Tampa, Florida.
  • Current representation of regional bank in $10 million revolving credit facility to a REIT to provide leverage for equity investment funding in multi-family assets.
  • Represented community bank in connection with $12.9 million refinancing mortgage loan, with  EB-5 mezzanine funding, for  a licensed adult living facility with memory care units in Hillsborough County, Florida.
  • Represented super-regional bank in connection with a $22.29 million construction/term mortgage for a Publix®-anchored retail shopping center in Manatee County, Florida.
  • Represented super-regional bank in connection with $10 million limited revolving credit facility for acquisition and development of one hundred ninety-eight (198) to be developed single-family residential lots in Pasco County, Florida.
  • Representation of administrative agent in $96.3 million syndicated construction loan for market rental units and retail space in a mixed-use project in downtown Dallas, Texas.
  • Representation of administrative agent in $48 million syndicated construction loan for development of a branded convention center hotel in downtown Ft. Myers, Florida.
  • Representation of top 25 U.S. bank in connection with $24 million acquisition mortgage financing for industrial office park in south Florida.
  • Representation of regional bank in $25 million revolving credit facility to REIT for bridge acquisition financing of multi-family assets.
  • Represented professional sports team in $100 million term loan debt under league financing arrangement.
  • Represented international bank in $13.4 million term loan for refinancing of warehouse/manufacturing facility as well as loans aggregating $6.5 million to operating manufacturing company.
  • Ongoing representation of developer of age-restricted townhome and condominium project in Pasco County, Florida, in connection with acquisition, all development activities, community declarations, and condominium approvals.
  • Ongoing representation of major league baseball club in contemplated $80 million renovations to existing spring training stadium, baseball training, and player development facilities including negotiation of use agreements with local government.
  • Represented super-regional bank in connection with acquisition financing for target HMO companies.
  • Represented company in services sector in syndicated revolving, term loan A and term loan B facilities, with swingline and letter of credit sub-facilities.
  • Represented healthcare company in restructure of senior secured receivables line of credit and term loan, senior subordinated debt and junior subordinated debt.
  • Represented company in services sector in syndicated revolving and term loan facilities, with swingline and letter of credit sub-facilities.
  • Represented super-regional bank in term loan and revolving credit facilities for acquisition of veterinary practices in seven states.
  • Represented super-regional bank in acquisition revolving line of credit to FCC licensed television broadcaster with broadcast operations in nine states.
  • Represented money center bank in connection with term loan for commercial retail shopping center in Texas.
  • Represented banks in leveraged receivables (including Medicare, Medicaid and TriCare receivables) financings for physician groups.
  • Represented super-regional bank in workout and restructure of senior assisted living facility.
  • Represented regional bank in working capital revolving credit facility to community bank.
  • Represented community bank in term financing for senior assisted living facility.
  • Lead counsel to healthcare company in syndicated roll-up financing for 28 radiation and cancer treatment facilities in eleven states.
  • Represented healthcare company in equipment lease financings for radiation treatment facilities.
  • Represented regional bank in extension of acquisition roll-up financing for petroleum jobber for 23 branded convenience store/service stations in South Florida.
  • Represented super-regional bank in construction and mini-perm financing for a branded resort hotel and conference center.
  • Represented regional bank in construction financing for ground-leased branded hotel.
  • Represented regional bank in connection with financing of mini-warehouse facilities in South Florida.
  • Represented financier in DIP construction loan financing on a high-rise luxury condominium project in San Diego, California.
  • Represented private equity fund and acquired company in senior revolving and term loan facilities and subordinated term loan in acquisition of a healthcare company.
  • Represented super-regional bank in bridge financing for HMO.
  • Represented developer in a deed in lieu of foreclosure transaction involving a marina/dockominium/rackominium project.

Honors

  • AV® Peer Review Rated by Martindale-Hubbell
  • Best Lawyers in America, 2008 - 2019
  • Florida Super Lawyer by Super Lawyers magazine, 2007 - 2014, 2017 - 2018
  • Top Real Estate Lawyer in Florida by Florida Real Estate Magazine
  • Florida’s Best Lawyers in Florida Monthly Magazine
  • Tampa Bay’s Best Lawyers by Tampa Bay Magazine
  • Who's Who Among Emerging Leaders in America
  • Who's Who in American Law
  • Who's Who in America

Professional and Community Affiliations

  • The Florida Bar, Business Law (UCC Committee) and Real Property Law sections; former Chair Grievance Committee 13-F
  • Virginia State Bar, Business Law and Real Property Law sections
  • Hillsborough County Bar Association
  • Tampa-Hillsborough County Chamber of Commerce, formerly served on various committees
  • Downtown Corps, formerly served on various committees
  • South Tampa Sticks Youth Lacrosse League, Co-Founder; Board of Directors
  • Hillsborough County Lacrosse Alliance, Inc., Director and Legal Counsel

News Releases

08.15.2018Shumaker Lawyers Recognized in The Best Lawyers in America® 2019
06.18.2018Shumaker, Loop & Kendrick, LLP Attorneys Named 2018 Florida Super Lawyers and 2018 Florida Rising Stars
08.17.2017Shumaker Lawyers Recognized in The Best Lawyers in America® 2018
06.08.2017Shumaker, Loop & Kendrick, LLP Attorneys Named 2017 Florida Super Lawyers® and 2017 Florida Rising Stars
08.16.2016Shumaker Lawyers Recognized in The Best Lawyers In America® 2017
08.19.2015Shumaker Lawyers Recognized in The Best Lawyers In America® 2016
08.21.201483 Shumaker, Loop & Kendrick, LLP Lawyers Selected for Inclusion in The Best Lawyers in America® 2015
06.16.2014Shumaker, Loop & Kendrick, LLP Attorneys named 2014 Florida Super Lawyers and 2014 Florida Rising Stars
08.15.201383 Shumaker, Loop & Kendrick, LLP Lawyers Selected for Inclusion in The Best Lawyers in America® 2014
06.13.2013Shumaker, Loop & Kendrick, LLP Attorneys Named 2013 Florida Super Lawyers and 2013 Florida Rising Stars
08.28.201281 Shumaker, Loop & Kendrick, LLP Lawyers Selected for Inclusion in The Best Lawyers in America® 2013
09.07.201170 Shumaker, Loop & Kendrick, LLP Attorneys Selected for Inclusion in The Best Lawyers In America® 2012
06.10.2011Shumaker, Loop & Kendrick, LLP Attorneys Named 2011 Florida Super Lawyers and 2011 Florida Rising Stars
08.12.201070 Shumaker, Loop & Kendrick, LLP Attorneys Selected for Inclusion in The Best Lawyers in America® 2011
06.07.2010Shumaker, Loop & Kendrick, LLP Attorneys Named 2010 Florida Super Lawyers and 2010 Florida Rising Stars
05.01.2010Shumaker, Loop & Kendrick, LLP Attorneys Named to Super Lawyers, Corporate Counsel Edition

Publications

Newsletters

Alternate biographies

Industries


Assistant


Education

  • J.D., Washington and Lee University, 1984
  • B.A., magna cum laude, University of South Florida, 1981

Bar and Court Admissions

  • Florida, 1985
  • Virginia, 1984
  • United States District Court Middle District of Florida, 1985
  • United States Court of Appeals Eleventh Circuit, 1985
  • United States Court of Appeals Fourth Circuit, 1984

Languages


Advisors



Ihrig_Best_Lawyers