skip to main content
Experience List
  • Email Page
  • Create PDF
  • Print Page

Barbara Simpson Kraft

Chair, Real Estate and Land Use Practice Group

Barbara Simpson Kraft's practice is equally split between real estate advice, including entitlements work, and corporate advice. She handles all aspects of real estate ownership, including: acquisition, financing (purchase, construction and long-term), permitting and entitlements, construction, occupancy issues (including leasing), and sale. Barbara regularly deals with state and local agencies on permitting, entitlement, and lease issues both in Anchorage and in remote areas of the state. She represents owners, developers, contractors, investors, banks, and purchasers.

On the corporate side, Barbara's practice involves mergers, acquisitions, stock sales, governing document drafting and amendments, and presentations on fiduciary duties and other issues necessary for a board of directors to properly govern a corporation. She advises small closely held companies with three directors as well as corporations with boards of 30 or more. In addition, she prepares loan documents for secured and unsecured loans with varying collateral.

In both areas of practice, Barbara's clients come from different industries including ANCSA corporations, hospitality, fishing, and health care entities, as well as national retailers. She also handles issues arising from a corporation's for-profit or nonprofit status. Barbara is a long-time Alaskan with roots in the state and contacts throughout.

Representative Experience

Lender's counsel for real estate acquisition for national investors

Representing miscellaneous leveraged buyouts requiring pledges of real estate owned by target company serving as lender's local counsel, acquiring company's land counsel or seller's land counsel in various deals in multiple industries. (Ongoing) Read more

Real estate acquisitions and sales for Trident Seafoods Corporation

Preparing real estate documents for sale of dam (FERC licensed project) and related assets and land rights which required tracing of rights acquired by predecessor pre-Statehood; preparing real estate documents for purchase and sale of various parcels located around the state of Alaska. (Ongoing)

Real estate development and refinancing for A&A Construction and Development, Inc., and related entities

Representing client in development and refinancing of various hotel projects located in Anchorage, Alaska. (Ongoing) Read more

Real estate development for ANCSA Corporation

Subdivision, development, financing and sale of single-family residential lots and commercial sites. (Ongoing) Read more

Real estate development for nationwide retail chain

Representing nationwide retail chain in various real estate development issues across the state of Alaska, including entitlements, subdivisions, and traffic improvements. (Ongoing)

Real estate development for Valley Residential Services

Representing client in mixed-use commercial and low-income housing projects located in Wasilla, Alaska. Projects have involved condominium structures on a portion of the property, along with low-income housing tax credits, HOME funds and other funding. (Ongoing) Read more

Entitlements for GEO Group

Entitlements work for conditional use permit required for community correctional residential center; initially worked with local governing body to amend code of ordinances to allow for expansion of facility, then continued with interactions with staff of Municipality of Anchorage Planning Department as well as appearances before commissions; obtained amended permit when plans were subsequently changed; monitored revisions to land use code to ensure amendments to code of ordinances would be included in revised code when adopted. (2012)

Loan documentation for Bristol Bay Native Corporation

Loan documents for loan to affiliated entity for short-term contribution and construction loan required for rehabilitation of local office building. Prepared note, deed of trust, loan agreement, security agreement, and contract assignment documents. (2012)

Nonprofit merger for nonprofit entities

Merger of three nonprofit corporations owning real property subject to HUD regulatory requirements. (2008) Read more

Real estate development for Low Income Housing Tax Credit projects (multiple entities)

Represented nonprofit general partner in development and syndication for Low Income Housing Tax Credit project. (2008)

Real property loans for national bank

Representing national bank in loans secured by real estate including fee interest, leasehold interests, condominiums, and cooperative leaseholds located on ground leased property. (Ongoing) Read more

Mergers & acquisitions for Big Brothers Big Sisters

Merger of four Big Brothers Big Sisters organizations into one statewide entity. (2007) Read more

Acquisition of property for Little Dipper Properties, LLC

Represent Little Dipper Properties, LLC, and a related entity in the acquisition of various parcels of real property, including negotiation of purchase agreement, preparation of transfer documents, and pre- and post-sale advice on resolution of entitlement issues with the Municipality of Anchorage regarding vacation of right-of-way.

Merger of nonprofits for Northwest Lung Association

Statutory merger of Alaska nonprofit entity into Washington entity. Read more

Professional & Community Activities

  • American Bar Association
  • Board of Trustees, Alaska Dance Theatre, 2003-07
  • Phi Delta Phi Legal Fraternity
  • Alaska Bar Association
  • Advancement Committee for the Kincaid Project Group, 2007-08
  • Chapter L-Alaska, Philanthropic Educational Organization (PEO), 1982-present

Professional Recognition

  • Named one of "America's Leading Lawyers for Business" by Chambers USA in Corporate/M&A Law, 2003-2016; Real Estate (Alaska), 2009-2016
  • Awarded AV rating by the Martindale-Hubbell Law Directory 
  • Selected by Best Lawyers as Anchorage's "Lawyer of the Year" in Mergers & Acquisitions Law, 2017
  • Named one of the "Best Lawyers in America" in Corporate/M&A Law by Best Lawyers, 2007-present
  • Selected to "Alaska Super Lawyers" in Business/Corporate, Real Estate and Land Use/Zoning, Thomson Reuters, 2007-2011, 2013-2016
"She's my main person, she does an outstanding job on Alaska-related work." -Chambers USA 2016