Services
Capital Markets Financing
Related Information
- Attorneys
-
News
- Chambers USA honors Stites & Harbison attorneys with inclusion in the 2009 guide
- HUD finalizes significant reforms to the Real Estate Settlement Procedures Act
- Seven new associates join Stites & Harbison in Kentucky - nine hired firmwide
- Ron Bingham, II, and James Budd join Stites & Harbison
- Stites & Harbison welcomes Natalie Reed to the Lexington office
- Stites tops the list, ranks as one of the fastest-growing firms in U.S.
- Nineteen new associates join Stites & Harbison
- Sixty-three Stites & Harbison attorneys named "Best Lawyers in America"
- Chambers USA honors 22 Stites & Harbison attorneys with inclusion in 2007 guide
- Kentucky Super Lawyers magazine honors 29 Stites & Harbison attorneys
- Two attorneys join Stites & Harbison in Louisville
- Two new attorneys join Stites & Harbison in Atlanta
- Natalie L. Reed joins Stites & Harbison in Louisville
- Twenty new associates join Stites & Harbison
- Fifty-six Stites & Harbison attorneys honored as Best Lawyers
- Stites & Harbison names four new partners in Louisville
- Six new associates join Stites & Harbison in Louisville
- David Saffer joins Stites & Harbison
Since 1998, Stites & Harbison's eight teams have closed over 1,750 loans in 49 states totaling over $16 billion in volume.
Years of first-hand, major-deal experience with the concerns and requirements of the rating agencies and B piece buyers means that Stites & Harbison's teams know capital markets mortgage loans—and lenders—inside and out. The members of the teams know the representations and warranties that any lender must give upon securitization.
The firm's teams have closed all types and all sizes of loans, including loans involving the following:
- Ground leases
- Tenancy-in-common syndications
- Letters of credit and holdbacks
- Air rights leases
- Cross collateralization
- Large loans with independent directors and non-consolidation opinions
- Partial defeasance
- Assignments of existing loans
- Future construction/expansion
- Subordinate financing (including mezzanine loans)
- Multi-property/multi-state portfolio transactions
- Master leases
Stites & Harbison has closed loans for multi-family, office, retail, industrial and specialty properties such as hotels, mobile home parks, manufactured housing communities, apartment complexes, condominiums, parking garages and mini-storage warehouses. In short, Stites & Harbison has an experienced team of lawyers and paralegals who understand the conduit lending business.
The firm's teams understand that lenders work hard to bring loans in the door and, therefore, it does everything possible to get loans closed. If, for example, it is important to a lender to close a particular loan by the end of the month, Stites & Harbison's capital markets teams will do everything in their power to make that happen. When legal issues arise during the process, members of the teams offer suggestions to resolve the issue...instead of merely presenting the problem and permitting the deal to "stall." The firm's teams also work hard to keep deals "on track" to meet closing deadlines by providing weekly updates to let clients know if things are not moving as anticipated.
Stites & Harbison has a deep bench based in four of the firm's offices who routinely close capital markets loans.