Jacob N. Eldemire Smith
How do you achieve success for clients?
I aim to provide value for clients by fully understanding their business objectives in any given transaction, and then exercising diligence, responsiveness, efficiency, and judgment to get that transaction closed in a thorough but cost-effective manner.
Jake Smith is a transactional lawyer in the firm’s Real Estate Development, Financing, and Transactions Service Team. He concentrates his practice on commercial transactions, general business law, and the sale, acquisition, leasing, and development of commercial and industrial property in both Kentucky and Indiana. Jake also represents businesses, advertisers, individuals, and college and professional athletes in right of publicity transactions – particularly in light of the changing landscape related to Name, Image, and Likeness (NIL) in college athletics.Show More
- Drafting deeds conveying real estate to and from businesses, trusts, trust beneficiaries, and individuals.
- Drafting commercial real estate documents for lenders and owners, including purchase and sale agreements, mortgages, options, leases, ground leases, security agreements, promissory notes, guaranties, lease assignments, intellectual property assignments, and tenant estoppel certificates.
- Providing local counsel opinions for both Kentucky and Indiana in connection with multi-state loan transactions.
- Performing commercial title and survey examinations.
- Representation of commercial landlords and tenants in small and large office, retail, hospital/medical, and industrial lease negotiations.
- Representation of lenders and borrowers in all aspects of secured lending and financing transactions.
- Representation of clients in disputes involving real property contracts, boundaries, restrictive covenants, easements, liens, and financing.
- Counsel on real estate development projects in Kentucky and throughout the United States.
- Representation of clients in contesting and appealing property tax valuations of commercial real estate by local Property Valuation Administrators (PVA) and other local taxing authorities.
- Successfully negotiated with the Jefferson County, Kentucky PVA for a nearly $3 million reduction in the property tax assessment for a large multifamily property.
- Served as real estate counsel to the buyer in the acquisition of five industrial properties valued at over $10 million in Kentucky and Indiana as part of an asset-based business acquisition.
- Served as real estate counsel to the seller in the multi-million dollar sale of an office building in downtown Louisville, Kentucky.
J.D., magna cum laude, University of Louisville Brandeis School of Law, 2019
- Member of the Journal of Law and Education
- National Moot Court Team competitor
B.S., University of Louisville, 2014 (Business Economics)
- A four-year starter as an offensive lineman on the Louisville Cardinals football team where he received multiple honors including Freshman All-American, two-time Conference Champion, All-Big East, First Team All-AAC, All-ACC, Team Captain, “Offensive Grinder” Award for work ethic and school record for most games started (51)
- U.S. District Court for the Western District of Kentucky.
- U.S. District Court for the Eastern District of Kentucky.
- U.S. District Court for the Northern District of Indiana.
- U.S. District Court for the Southern District of Indiana.
PROFESSIONAL ACTIVITIES AND MEMBERSHIPS
- Kentucky Bar Association
- Louisville Bar Association
- Summer Associate, Wyatt, Tarrant & Combs, LLP, 2018
- Graduate Assistant, University of Louisville Athletic Department, 2015 – 2017
- Louis D. Brandeis American Inn of Court, Associate Member, 2020-present.
“Employees Injured While Working Remotely May be Entitled to Workers’ Compensation.” Wyatt Employment Law Report, May 2020.