David B. Lipner

• Represented a Philadelphia-based REIT in a CMBS portfolio mortgage financing, and also a CMBS mortgage refinancing of two prominent office buildings. Transaction sizes were $245,000,000 and $220,000,000 respectively, and both transactions had short execution windows. Representation consisted of negotiation of loan documents as borrower’s counsel, as well as general due diligence related thereto.
• Represented one of America’s wealthiest family office companies in connection with the development of multiple industrial buildings located throughout the United States. Transaction size of approximately $50,000,000 to $100,000,000 per development. Transaction duties included negotiation of construction loan documents as borrower’s counsel and general due diligence related thereto. Transactions often involve build-to-suit projects for national retail and e-commerce tenants.
• Represented a Philadelphia-based REIT in the $383,000,000 joint venture acquisition of a prominent office building and the related mortgage financing. The acquisition included acquiring interests in an existing private REIT.
• Represented a regional real estate developer in the $215,000,000 acquisition and financing of a 30+ property portfolio of industrial properties located throughout southeastern Pennsylvania. Representation also included a joint venture with a global private equity firm. Transaction duties included negotiating the portfolio purchase agreement and joint venture documents, providing counsel on deal structure, and quarterbacking due diligence efforts.
• Represented a Chicago-based real estate investment fund and a New York-based real estate developer in the round-trip joint venture acquisition, financing, and later disposition of a 30+ property portfolio of industrial properties located in southeastern New Jersey.
• Represented an institutional investor holding REO in the restructuring of a ground lease to permit redevelopment. Transaction duties included drafting and negotiating restated ground lease and general due diligence related thereto.
• Represented a Philadelphia-based real estate private equity company in connection with its acquisition and planned redevelopment of an industrial project located near the Philadelphia airport. Transaction value of approx. $180,000,000.
• Represented a Chicago-based real estate investment fund in the joint-venture acquisition and ground-up development of multi-family projects in Philadelphia, Pennsylvania and Austin, Texas. Transaction duties included negotiation of joint venture and construction loan documents, and also performing general due diligence.
• Represented a New York-based real estate developer as borrower’s counsel in a securitized financing for the acquisition of a portfolio of industrial properties located throughout the northeast.
• Represented the subsidiary of a major life insurance company in various acquisition joint venture and development transactions pertaining to office, industrial and mixed-use projects located throughout the United States.
• Represented a life insurance company in the origination of a mortgage loan secured by office and amenity space in a mixed-use planned unit development.
• Represented a Chilean real estate investment firm in a joint-venture investment for ground up multifamily development.
• Represented a private real estate bridge lender in mortgage loan transactions in southeastern Pennsylvania and southern New Jersey.
• Represented an institutional investor in the recapitalization of multi-family projects in Florida.
• Represented a Philadelphia-based real estate private equity company in the workout of a dispute with an anchor tenant.
• Represented a publicly traded REIT in numerous acquisition and disposition transactions throughout the tri-state area, including the negotiation of a portfolio transaction and the sale of the headquarters of a multinational pharmaceutical company in the Philadelphia Navy Yard.°
• Represented a private real estate fund in a drop and swap acquisition of three condominium units owned by New Jersey urban renewal entities.°
• Represented a private equity firm in the acquisition and financing of an office building subject to a condominium regime.°
• Represented a life insurance company in the joint-venture acquisition of a multifamily project located in the Philadelphia Main Line.°
• Represented a private real estate fund in the acquisition of multifamily housing projects and the financing and refinancing of the same through Freddie Mac and Fannie Mae.°
• Represented the largest privately held snack food company in the United States in connection with its acquisition of a publicly traded competitor’s real estate portfolio.°
• Represented a real estate developer in the recapitalization of a Philadelphia landmark through the admission of a new equity partner.°
• Represented a closely held retail business in the sale of their historically designated headquarters in Philadelphia, PA.°

°The above representations were handled by Mr. Lipner prior to his joining Greenberg Traurig, LLP.

• Federal Judicial Clerkship Honors Program, Hon. Juan R. Sánchez, U.S. District Court for the Eastern District of Pennsylvania, 2015-2016
• Judicial Intern, Hon. Anne E. Lazarus, Superior Court of Pennsylvania, 2014

• Listed, Super Lawyers magazine, Pennsylvania Super Lawyers, "Rising Stars," 2019-2023
• Listed, The Best Lawyers in America, "Ones to Watch," Real Estate Law, 2024

A description of the selection methodology for the above awards can be found here. No aspect of this advertisement has been approved by the Supreme Court of New Jersey.

• Member, Philadelphia Bar Association
• Regional Associate Board Member, Anti-Defamation League, 2018-Present