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Stacy G. Ackermann

Partner
+1.704.331.7490
Fax +1.704.353.3190

Stacy Ackermann is a partner in the firm’s Charlotte office. Her work includes the representation of servicers, lenders, investors, and other market participants in all aspects of various financial and credit market transactions. Stacy has extensive experience representing servicers of commercial mortgage-backed securities, including securitizations, the purchase and sale of servicing rights and loan workout and restructurings. She also regularly represents servicers and lenders in all other aspects of loan-level asset management, including loan assumptions, leasing matters and defeasances.

Stacy routinely serves on panels and leads training sessions relating to current issues in structured financing transactions. She is also an active member of CREFC, where she is a Co-Chair of the 17g-5 Best Practices Committee and Pooling and Servicing Agreement task force.

Professional Background

Prior to joining K&L Gates, Ms. Ackermann was a partner at another law firm in Charlotte.

Professional/Civic Activities

• American Bar Association
• North Carolina Bar Association
• CREFC
• MBA
  • Counsel to master and special servicers in transactions involving conduit and single-asset CMBS securitizations.
  • Counsel to master and special servicers in novel securitizations, involving tranches of both CMBS debt and tax-exempt bonds.
  • Counsel to servicer in connection with CRE CLO and CDO issuances.
  • Counsel to master servicer, special servicer and cash management bank in $1.6 billion municipal bond issuance financing the construction of the 3 World Trade Center.
  • Representation of master servicer and special servicer in $1 billion single-asset securitization secured by a resort and casino property in the Bahamas.
  • Counsel to servicer in $500 million CLO securitization secured by a combination of CMBS loans and senior interests.
  • Counsel to master servicer in $900 million conduit securitization which included a subordinate B note in the underlying pool of assets.
  • Representation of a servicer in connection with the workout of a $1.5 billion loan (consisting of senior and mezzanine debt) secured, in part, by 55 office buildings.
  • Representation of a servicer in connection with the workout and preparation for the foreclosure of a $725 million mezzanine loan.
  • Counsel to agents and bank syndicates in secured and unsecured credit facilities, including acquisitions, term, letter of credit and working capital facilities.
  • Counsel to master, special and sub-servicers of securitized commercial mortgage loans in connection with the servicing of such loans.
  • Counsel to master servicers in connection with loan defeasances and assumptions.
  • General financial representations, including workouts and restructurings.