David B. McAlister

Partner

Fax: 404.873.8719
Atlanta
171 17th Street NW
Suite 2100
Atlanta, Georgia 30363

Biography

David is a partner in the Real Estate practice and is a member of the Logistics and Transportation industry team. He is a trusted legal resource in commercial real estate transactions. He structures, negotiates and closes commercial real estate acquisitions and loans. He represents banks and institutional lenders in commercial foreclosures and loan workouts. His experience also encompasses developer and investor representation for the formation and structuring of partnerships and limited liability companies.

As he enters his fourth decade of practice, David’s work is most beneficial to property owners, developers, lenders, landlords and tenants. These clients call upon his extensive experience with sophisticated transactions, including the acquisition, disposition, leasing, financing and development of raw land, office buildings, multi-family residential projects, hotels, industrial warehouse buildings and retail projects.

Experience

  • Represented two family trusts in the contribution of land for a major Interstate highway interchange and in the development and disposition of multiple tracts of adjacent land.

  • Represented investor in acquisition and development of major resort facility in north Georgia, including golf courses and two hotels

  • Represented Branch Banking and Trust Company in commercial foreclosures throughout Georgia, including foreclosure of retail centers, office buildings, residential subdivisions and raw land, and in successful judicial confirmations of foreclosure sales.

  • Represented Hamilton State Bank in loan workouts and commercial foreclosures of hotel properties and raw land.

  • Represented CertusBank in loan workouts and commercial foreclosures, including foreclosures of office buildings and raw land.

  • Represented Illinois bank in loan workouts and commercial foreclosures of hotel properties in Georgia.

  • Represented venture fund in loan workouts and commercial foreclosures of hotel properties in Georgia.

  • Represented CMBS Trust through its special servicer in connection with the sale of foreclosed apartment and office properties in Georgia, Florida and South Carolina.

  • Represented Massachusetts-based Berkshire Bank in foreclosure of office condominiums, amendment of declaration of covenants and sale of foreclosed property.

  • Represented Branch Banking and Trust Company and its affiliates in the sales of foreclosed properties, including hotels, retail centers, residential subdivisions, office buildings, multifamily residential properties and raw land.

  • Represented life insurance company in foreclosure of industrial property portfolio.

  • Represented special servicer for CMBS lender in connection with the sale of an apartment complex in South Carolina acquired by the lender in foreclosure

  • Represented Industrial Developments International in acquisition and development of properties for regional warehouse distribution centers.

  • Represented individual investor in purchase of loan from bank and foreclosure of retail shopping center.

  • Represented SunTrust Bank in commercial foreclosures, including foreclosures of retail centers, office condominiums and residential subdivisions.

  • Represented Regions Bank in commercial foreclosure of an office building in Fulton County.

  • Represented Greek investor in the acquisition and financing of multiple retail sites in Virginia and Georgia.

  • Represented Lenbrook Square Foundation in the issuance of over $170 million of tax exempt bonds to finance expansion of its retirement community facility.

  • Represented Christian City in the refinancing of HUD loans with respect to residential rental housing projects for low-income elderly or disabled persons.

  • Represented major Internet service provider in the acquisition of property for data center and in the issuance of taxable revenue bonds.

  • Represented developer in acquisition, financing, development and rehabilitation of multi-family and seniors affordable housing developments.

  • Represented national warehouse company in the acquisition, operation and disposition of refrigerated warehouse properties.

  • Represented Hexalon Real Estate and its affiliates in the acquisition and development of major regional shopping centers, including negotiation of leases and operating agreements with anchor department stores

  • Represented Hexalon Real Estate and its affiliates in the negotiation of retail leases to nationally known men’s clothing stores for prime retail locations on Fifth Avenue in New York City.

  • Represented the owner of the Marriott at Sawgrass resort complex in Florida in the sale of the property to an international institutional investor.

Credentials

  • Harvard Law School, Juris Doctor,
    cum laude
  • University of Georgia, Master of Arts
  • University of Georgia, Bachelor of Arts,
    magna cum laude
  • State of Georgia 1983
    • Industrial Assets Management Council

Recognition

  • Georgia Super Lawyers, 2010–13

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