Lemuel “Uel” Whitsett leads the firm’s North Carolina Banking and Financial Services practice group. Uel is a Wake County native and actively involved in his community, serving as member of the City of Raleigh’s Planning Commission from 2014 to 2016.
He represents a variety of financial institutions, including national associations, regional banks, non-traditional lenders, mezzanine lenders, credit unions, life insurance companies and community banks in a variety of financing transactions, including construction and permanent real estate loans, asset-based loans, C&I loans, conduit loans, tax-credit transactions and life-insurance loans. Uel also has significant experience representing lenders in connection with troubled asset portfolios and loan workouts.
Uel also frequently advises lenders and borrowers in connection with government-insured loan transactions, including loan programs originated under the following government agencies FHA/HUD, Fannie Mae, Freddie Mac, and the USDA.
Uel also maintains an active real estate practice. Uel helps his real estate clients manage, lease, acquire, sell, finance, and develop their real estate portfolios. He has experience in large multifamily development projects, construction projects, acquisitions/divestitures, leasing negotiations and entitlement procurement.
Uel received a Bachelor of Science degree in economics from Appalachian State University. He received a Master of Business Administration degree, summa cum laude, and his Juris Doctor degree, cum laude, from Campbell University, where he served as an Articles Editor for the Campbell Law Review.