David Freedman advises national banks and institutional investors on all aspects of commercial real estate finance transactions.

Mr. Freedman 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

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

Mr. Freedman’s experience includes advising:

  • 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, and two of the loans included subordinate mezzanine components*
  • 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

Bar Qualification

  • New York

Education

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

Practices