Stites & Harbison, PLLC

• Reviewed Phase 1 Environmental Site Assessments for consistency with CERCLA requirements for all appropriate inquiries to protect purchasers in property acquisitions.
• Represented major developer of residential developments in dispute arising from purchase of land for new subdivision.
• Contract review and advice regarding three mixed use condominium projects in Lexington, Kentucky, which will change the face of downtown.
• Served as advisor regarding proposals for air rights development of a mixed use project in downtown Lexington, Kentucky.
• Assist one of the largest construction management firms in the United States negotiate a contract for a large, mixed use, high-rise complex.
• Successfully defended large condominium developer in arbitration of defective design and marketing claims in Atlanta, Georgia.
• Successfully challenged in the Kentucky Supreme Court a Kentucky Bar Association Unauthorized Practice of Law opinion that prohibited title companies from closing real estate transactions.
• Assisted a real estate private equity fund's $16-million acquisition and mezzanine financing of two apartment complexes.
• Assisted a shopping center developer in its acquisition development financing of a grocery store-anchored shopping center in Hagerstown, Md.
• Worked with a national conduit lender in its real estate-based lending.
• Counseled a national environmental services company in the purchase of Kentucky's only hazardous waste treatment and storage facility.
• Counsel to the City of Louisville and The Cordish Company in the $75 million revitalization of Louisville Galleria as 4th Street Live.
• Assisted with construction financing of apartments, office buildings and industrial properties in Tennessee, Georgia, Florida and Texas.
• Represented a regional development company in a $45 million REMIC loan with a national lender secured by four shopping centers located in Central Kentucky.
• Assisted the owner of a prominent Kentucky shopping center in expansion into new markets, a project which included the negotiation and acquisition of shopping centers located in Tennessee, North Carolina and Pennsylvania.
• Successfully represented a national mortgage loan company before the Kentucky Supreme Court in challenging bar association rules preventing title companies from conducting real estate closings.
• Continued representation of a national REIT in development and leasing of commercial office space, including recent leases for over 60,000 square feet.
• Assisted borrower in collateral substitution of office property securing loan of over $188 million.
• Assisted developer in acquisition, financing, zoning, restrictions and covenants, and sales contract on new development in Middle Tennessee area.
• Negotiated ground leases with national tenants for owner with Tennessee and Texas properties in newly-developing properties.
• Represented Kentucky based real estate management company in securing $45.4 million in conduit financing.
• Our team of state and local tax attorneys have represented a national real estate investment trust regarding income taxation of rental income and dividends paid by the REIT in both Kentucky and Ohio.

Housing Development

• Assisted privatized joint venture in bond financings with the University of Louisville to construct private student housing.
• Obtained city of Brentwood, Tenn., approval for first "Innovative Project" residential development, including townhomes, boulevard homes and hilltop estates.
• Represents the Louisville Metro Housing Authority on property acquisitions and zoning matters in the redevelopment of the Clarksdale neighborhood in Louisville.
• Lead attorney representing the Louisville Metro Housing Authority in the award winning $200 million HOPE VI Park DuValle Revitalization and the Clarksdale HOPE VI Revitalization.
• Lead real estate counsel to the Louisville Regional Airport Authority in the Heritage Creek Innovative Housing Program.