David A. Freedman

Partner

New York
david.freedman@lw.com
+1.212.906.1276

PRACTICES

  • Real Estate

BAR QUALIFICATIONS

  • New York

EDUCATION

  • JD, New York University School of Law, 2005
  • AB, University of Chicago, 2001

PROFILE

David Freedman advises bulge bracket banks, asset managers, debt funds, and other institutional investors on all aspects of commercial real estate finance transactions.

David guides clients through all aspects of real estate finance involving complex commercial properties across the US, including:

  • Loan origination and purchase
  • Sale and other disposition of senior and subordinate debt
  • Servicing and workout of distressed debt
  • Intercreditor and co-lending arrangements
  • Note-on-note back leverage facilities

He also has experience in representing rating agencies in their collateral review of commercial mortgage-backed securities (CMBS) debt.

EXPERIENCE

David’s experience includes advising:

  • An investment bank in connection with a US$525 million mortgage loan secured by a portfolio of luxury multifamily properties throughout the United States. The loan was sold into a single asset single borrower (SASB) CMBS transaction
  • An investment bank in connection with a US$347 million note-on-note facility for the purpose of back leveraging a mortgage loan secured by a portfolio of transitional industrial properties
  • An alternative asset manager in connection with a US$130 million ground-up construction loan secured by a to-be-built cold storage facility
  • An alternative asset manager in connection with a US$200 million mortgage loan secured by the CityPlace development in South Florida
  • An investment bank, as administration agent, in connection with the workout and restructuring of a US$610 million mortgage loan secured by over 50 office assets throughout the United States
  • An investment bank in connection with the senior component of a US$533 million mortgage/mezzanine debt stack secured by a portfolio of multifamily properties through the United States. The senior loan was sold into a single asset single borrower (SASB) CMBS transaction
  • An investment bank in connection with the senior component of a US$149.8 million mortgage/mezzanine debt stack secured by the residential condo inventory within a luxury mixed use development in Chicago, Illinois
  • An alternative asset manager in connection with a ground-up construction loan secured by a to-be-built industrial facility in Texas
  • An investment bank in connection with a US$677 million mortgage loan secured by a portfolio of hospitality properties throughout the United States. The loan was sold into a single asset single borrower (SASB) CMBS transaction
  • An investment bank in connection with a US$130 million mortgage loan secured by the residential condo inventory within a luxury residential development in Chicago, Illinois
  • An investment bank in connection with the senior component of a US$164 million mortgage/mezzanine debt stack to be utilized for the renovation of one of the largest hotels in Boston, MA
  • An investment bank on a US$387 million single asset single borrower (SASB) securitized loan origination secured by a luxury multifamily development in New York City, including a subordinate mezzanine loan*
  • An investment bank, as the administrative agent and lead lender, on a US$275 million debt stack secured by the US corporate headquarters of a global Fortune 500 company in Arlington, Virginia, including a syndicated senior loan structure and two layers of subordinate mezzanine debt*
  • An investment bank on originating two CMBS loans, with aggregate value of US$300 million, to subsidiaries of a West Coast development firm, with each loan secured by a class A telecom office building in northern California and each deal sold into a conduit CMBS transaction, including the sale of loan-specific rake bonds*
  • An investment bank, as the lead lender, on a US$318.5 million bridge loan secured by a portfolio of multi-family developments throughout the United States, including two layers of subordinate mezzanine debt*
  • An investment bank on a US$87.5 million mortgage loan secured by a luxury hotel located slope-side of a high-end ski resort, including future advance components for asset repositioning*
  • An investment bank on a US$98.3 million debt stack secured by a life science facility in Massachusetts, including future advances for renovation and lease-up, and a subordinate mezzanine loan*
  • An investment bank on originating a trio of syndicated mortgage loans, with an aggregate value of more than US$400 million, to benefit a well-known private development firm in New York City, with each loan secured by a transitional asset in Manhattan or Brooklyn and including future advance components for renovation and lease-up*
  • An investment bank on originating US$365 million in CMBS mortgage debt secured by three office towers in downtown Chicago owned by a publicly traded insurance company*
  • A private equity firm in originating the mezzanine portion of a ground-up construction loan, with a debt stack of US$168.5 million, that was secured by the headquarters of a super-regional bank in Baltimore’s Inner Harbor and included an EB5 component in the capital stack*
  • A special servicer on restructuring a defaulted CMBS loan secured by a hotel property in New York City*

*Matter handled prior to joining Latham