Michelle R. Jester

Attorney

Minneapolis

612-672-3718

mjester@messerlikramer.com

Assistant: Cynthia Garcia-Leclerc

612-672-3705

Profile

Michelle Jester focuses her practice on banking and finance with an emphasis in transactions involving real estate. In addition to managing her practice, Michelle serves as the Chair of the Banking & Finance group.  Her broad experience and depth allows her to handle both the front-end and back-end of lending transactions; everything from loan originations to work outs and foreclosures.

Michelle’s work includes drafting documentation and conducting due diligence for loans for her lender clients secured by real estate, business assets and all forms of collateral in equity bridge lending related to affordable housing; enforcing loan documentation; advising receivers on rights and obligations; negotiating and drafting documentation relating to workouts distressed loans; and representing buyers or sellers by negotiating real estate purchase agreements. She has extensive experience in the affordable housing finance area, guidance and warehouse lines for horizontal and vertical residential construction financing and a myriad of complex financing transactions. Michelle’s clients include commercial banks, non-profit lenders, creditors, commercial landlords, and developers.

Beyond the particulars of any agreement or dispute, Michelle provides her clients with experience-based legal advice that is tied to real-world business practicalities. Michelle provides aggressive representation of her clients’ interests, with creative solutions to disputes and successful outcomes, eliminating unnecessary time, effort, and anxiety on behalf of her clients.

Michelle is a two-time winner of the Top Women in Finance Award and is certified by the Minnesota State Bar Association as a Real Property Specialist.

Representative Experience
  • Represented lender in a $54 million loan transaction to a borrower for the acquisition of a leasehold interest in a medical office complex with over 25 plus tenants and that contained mezzanine debt.
  • Represented lender in a $23 million aggregate facility loan transaction to acquire six separate medical office properties located in five states throughout the United States.
  • Represented lender in the workout and subsequent foreclosure of a multi-family complex, including the proceeding subsequent after foreclosure and assisting in subsequent sale of the property.
  • Represented lender in a $17 million borrowing base loan transaction to borrower to be used to purchase lots and construct  presold, spec and model homes in communities throughout Minnesota.
  • Represented lender in purchasing a $14.5 million tax-exempt bond from a municipality for use as a loan to borrower constructing 90 units of affordable housing; included a second loan in the amount of $10.5 million to bridge tax credit equity into the project.
  • Represented sponsor in connection with establishing a $33.5 million investment fund to invest in the acquisition by third parties of various naturally occurring affordable housing projects in Minnesota.
Publications & Presentations

Publications 

Presentations 

  • Panelist, “Real Estate Financing” – St. Thomas School of Law, June 2015

 

Professional & Community

Admissions 

  • Minnesota
  • Wisconsin
  • U.S. District Court, District of Minnesota

Associations 

  • American Bar Association, Affordable Housing Section, Member
  • Minnesota State Bar Association, Member
  • Hennepin County Bar Association, Member
  • Independent Community Bankers Association, Member
  • Minnesota Bankers Association, Member
  • Minnesota Commercial Real Estate Women, Member
  • Women’s Affordable Housing Network, Member

Certifications 

  • Certified as a Real Property Law Specialist by the Real Property Section of the Minnesota State Bar Association

Honors & Distinctions
  • Recognized Lawyer, The Best Lawyers in America©, 2026
  • Super Lawyer, Minnesota Law & Politics and Minnesota Super Lawyers®, 2009-2025
  • Notable Women in Banking & Finance, Twin Cities Business, 2022
  • Top Women in Finance, Finance and Commerce, 2006 & 2012

  • Messerli & Kramer P.A. – Organization of the Year, Minnesota Commercial Real Estate CREWIE Awards, 2010

  • Career Enhancement for Women, Minnesota Commercial Real Estate CREWIE Awards, 2009

  • Attorney of the Year, Minnesota Lawyer, 2008

  • Rising Star, Minnesota Law & Politics, 2003-2008