Shahram Khalili
Shahram Khalili
Shahram Khalili

Shahram is an experienced commercial real estate lawyer with a history of advising clients on complex real estate transactions, including the acquisition and disposition of a variety of real estate asset classes including multi-residential, commercial and industrial.

Shahram is also well-regarded for his expertise in providing counsel to lenders and borrowers on real estate financing matters, with a particular focus on development and construction loans. He has a track record of working on pre-eminent commercial real estate transactions.



Representative Matters

Acquisition / Disposition / Development

  • Acted for the purchaser of a large portfolio deal, totalling just over $1 Billion in multi-residential and commercial properties in the Greater Toronto Area
  • Acted for the seller of a large portfolio of rural properties in multiple provinces, totalling over $250 million
  • Acted for the purchaser of a new multi-tenant residential development in the City of Ottawa, totalling close to $50 million
  • Acted for the purchaser of a multi-tenant residential complex in the City of Waterloo, totalling $40 million
  • Acted for the seller of a multi-tenant residential complex in the City of London, totalling close to $50 million
  • Acted on behalf of the developer with respect to the development, registration and closing of all units in a multi-block condominium development in the City of Toronto
  • Acted on behalf of a U.S.-based investment firm with respect to its purchase and lease-back of multiple industrial manufacturing properties in Ontario, totalling close to $20 million

Financing

  • Acted on behalf of the Royal Bank of Canada as agent and lender with respect to the $275 million syndicated acquisition financing of the 177-acre former coal-fired Lakeview Generating Station property in Mississauga
  • Acted on behalf of the lender with respect to a $700 million acquisition financing of a commercial property in the City of Toronto
  • Acted on behalf of the lender with respect to a $200 million acquisition financing of a land assembly for development in Durham Region
  • Acted on behalf of the lender with respect to a $200+ million acquisition and construction financing of a commercial property in the City of Toronto
  • Acted on behalf of the lender with respect to a $150 million construction financing for the development of a condominium project in the City of Toronto
  • Acted on behalf of the lender with respect to the construction financing of a multi-million dollar solar farm project in northern Ontario

Pro Bono Leasing

  • Acted on behalf of a lessee for the lease of a 55,000 sq. ft. industrial warehouse complex in the City of Toronto
  • Acted on behalf of a lessee for the lease of a 5,000 sq. ft. office space in the City of Toronto

News


Media Mentions


Rankings & Recognitions

  • Recognized by Best Lawyers in Canada (2025) as “One to Watch” in the area of Real Estate Law
  • Winning Advocate, American Labour Arbitration Competition
  • Factum Award, Canadian Corporate/Securities Moot Competition

Education & Admissions

2017
Called to the Ontario bar
2016
JD (cum laude) University of Ottawa
2016
JD (magna cum laude) Michigan State University

Insights (3 Posts)View More

Featured Insight

Good News/Old News: Why Wood v Deeley is Nothing (New) for Employers to Sweat

Good News/Old News: Why Wood v Deeley is Nothing (New) for Employers to Sweat

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Apr 10, 2017
Featured Insight

Does the MAC Have Your Back? The Use of Material Adverse Change Clauses in Canadian Loan Agreements

Does the Mac Have Your Back? The Use of Material Adverse Change Clauses in Canadian Loan Agreements

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Feb 16, 2017
Featured Insight

Consultation on the Option of Discontinuing Embedded Commissions

Consultation on the Option of Discontinuing Embedded Commissions

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Jan 31, 2017

Deals & Cases (2 Posts)

Featured Insight

McMillan Advises SK Capital on its Acquisition of Apotex Pharmaceuticals

On April 3, 2023, an affiliate of funds advised by SK Capital Partners, LP completed its previously announced agreement to acquire Apotex Pharmaceutical Holdings Inc.

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Apr 3, 2023
Featured Insight

Canada Infrastructure Bank Commits $25 Million to Modern Niagara’s Large Scale Commercial Retrofit

McMillan LLP acted as counsel to the Canada Infrastructure Bank (“CIB”) on its financing to the Modern Niagara Group (“Modern Niagara”), as part of the Building Retrofits Initiative (BRI).

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Mar 28, 2023