Louis J. Hait is a Partner in Kaye Scholer’s New York office. He joined Kaye Scholer’s Real Estate Department in 1984 and has been a partner since 1993.
Louis’ practice covers a broad range of commercial real estate, with an emphasis on the representation of capital providers at all levels of the capital stack, including representing banks and other lending institutions in originating structured mortgage and mezzanine debt, negotiating intercreditor and co-lender agreements, and acquiring portfolios of performing and non-performing loans; representing hedge funds, opportunity funds and pension plans providing mezzanine, preferred equity and common equity joint venture investments; and construction lending and leasing. Louis has counseled both institutional lenders and borrowers in complex real estate loan workouts and restructurings during multiple down cycles in the real estate market. Louis has a particular expertise in fashioning “one-off” solutions for hard-to-structure, would-be loan assets.
Louis regularly writes and lectures on commercial real estate law. Most recently, he was a faculty member for the Practicing Law Institute’s conference entitled “Negotiating Real Estate Deals 2015,” at which he spoke on “Recent Trends in Real Estate Lending.” Louis’ most recent publications were “Does a New York Foreclosure Create an Opportunity for a Tenant to Walk Away from Its Lease Obligations” which appeared in the Winter 2015 edition of NY Real Property Law Journal and “Does the Use of Equity Pledges in Mortgage Loans create a ‘Clogging’ Issue?” which appeared in Law360 in March 2013.
Louis is recognized as a leading practitioner in Chambers USA: America’s Leading Lawyers for Business.