Kaye Scholer

Mr. Hait’s practice is focused on debt restructurings and work-outs, acquisition and sale of debt portfolios, financing and capital market transactions, acquisitions and dispositions, commercial leasing, partnerships and joint ventures. He represents a broad range of clients, including banks, institutional investors, servicers, real estate families, property owners and corporate tenants.

Mr. Hait has written and lectured on financing and commercial leasing. He is a member of the New York University Real Estate Institute Roundtable and serves on the New York State Bar Association’s Committee on Commercial Leasing.

Representative transactions in which Mr. Hait has acted as lead lawyer include:

• Representing a bank in restructuring mortgage and mezzanine debt encumbering a hotel-casino in Las Vegas.
  
  
• Representing a bank restructuring mortgage debt on a 4,000 acre mixed-use development in Connecticut.
  
  
• Representing a bank in a work-out of $5 billion of debt to a hotel company.
  
  
• Representing a bank in a foreclosure of a Manhattan residential development.
  
  
• Representing a bank bidding on a portfolio of loans with a face amount over $500 million.
  
  
• Representing a special servicer in a restructuring of debt secured by a condominium development.
  
  
• Representing a publicly traded company in acquiring a ground lease of a Manhattan property for its U.S. corporate headquarters.
  
  
• Representing an institutional investor buying and restructuring mezzanine and mortgage debt.
  
  
• Representing an institutional lender in originating and syndicating a $120 million loan on a hotel in Washington D.C.
  
  
• Representing a group of institutional lenders in originating a $1.7 billion mortgage/mezzanine loan facility secured by over 700 retail properties.
  
  
• Representing a group of institutional lenders in originating a $1 billion mortgage/mezzanine loan facility secured by over 250 retail store properties.