Each year, Midwest Real Estate News inducts a new class into its Midwest Commercial Real Estate Hall of Fame. Today we look at the busy career of Korb Maxwell, shareholder with Polsinelli in Kansas City, Missouri.
Korb Maxwell is a recognized and sought-after practitioner in the Midwest, with a focus during more than 16 years on economic development projects. A shareholder with Polsinelli, Maxwell has negotiated, secured approval of and documented hundreds of millions of dollars in incentives for his clients’ projects in every asset class of real estate.
Maxwell’s area of concentration is on large-scale development and employment projects that use complex federal, state and municipal development incentives. His experience in working with municipalities and states in structuring and implementing incentive packages provides him with insight and practical experience that benefit clients’ real estate, economic development or employment projects.
Maxwell also regularly represents landowners, developers and business entities before municipalities in zoning and development plan approvals. He has shepherded millions of square feet of development projects though the “right-to-build” process in Kansas and Missouri. Through his development work, Maxwell has gained practical experience in all aspects of real estate transactions, including purchase and sale agreements, title review, leases, lending and bond documentation, easements and restrictive covenants.
Clients appreciate Maxwell for his ability to “cut to the core issues of a transaction,” and also describe him as a “creative, ingenious and problem-solving member of the team.”
A background of placing incentivized dollars in the real estate and corporate capital stack led Maxwell to form the firm’s Opportunity Zones practice group—one of the first created in the country. Through his leadership, Maxwell has created a multidisciplinary team that is helping clients navigate the evolving regulations. His focus is to develop and execute their investment and capital deployment strategies within the Opportunity Zones space across the nation.