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Karen Lorang is a partner in the Real Estate Department in Willkie’s Los Angeles office. Her practice is focused on representing investors and developers in connection with complex real estate developments. Her transactional practice includes purchase and sale, finance, data center development and acquisition, leasing, land use and environmental issues. She also advises clients in connection with large-scale, complex development projects. Among her other accolades, Karen is ranked in the Southern California: Real Estate category by Chambers USA (2025), where she is cited as, “very easy to work with and collaborative.”

Experience

Prior to joining Willkie in 2022, Karen was a partner at Munger, Tolles & Olson LLP. She also previously served as a law clerk on the United States Court of Appeals for the Ninth Circuit in Fairbanks, Alaska. Prior to becoming an attorney, she worked as a legal analyst in the Merchant Banking Division at Goldman Sachs.
  • LA Times Studios, Commercial Real Estate Visionaries, 2025
  • Chambers USA, Real Estate (Band 5), California: Southern, 2025
  • Super Lawyers, Southern California Rising Stars, 2023
  • Legal 500 U.S., Real Estate: Real Estate Finance, 2023
  • Los Angeles Business Journal, Women of Influence: Attorneys, 2023
  • Member of the Board of Directors, Los Angeles Center for Law and Justice 
  • Member of the Planning Committee, USC Real Estate & Business Forum
     
  • Moderator, “The Increasing Pace of CPACE: Creative Financing Solutions to Fill the Gap,” Real Estate Law and Business Forum, USC Gould School of Law (February 27, 2025)
  • Moderator, “The Tipping Point: Finding the Balance Between Increased Energy Demand, Alternative Energy Sources and Efficient Development,” Real Estate Law and Business Forum, USC Gould School of Law (February 29, 2024)
  • A private equity data center landlord in the $347 million acquisition and $145 million financing of a stabilized data center in Pflugerville, Texas that is leased to single a hyperscaler. 
  • A private equity data center landlord in the recent closing of a JV partnership in connection with the acquisition of a 7-story office space that our client intends to convert to a 33 MW tier 3 data center located in downtown Chicago, Illinois.
     

Credentials

Education


University of California, Los Angeles School of Law, J.D., 2012 Swarthmore College, B.A., 2007

Bar Admissions


California