Overview
David Wolff is the co-head of the US real estate practice and head of the Chicago real estate group. He represents private equity sponsors, real estate investment trusts, developers, capital providers and other institutional and non-institutional investors in commercial real estate, real estate finance and other related transactions. David advises clients in the structuring, negotiating and documenting of all aspects of commercial real estate transactions, including financing, acquisitions and dispositions, joint ventures, leasing and development of various property types located throughout the US.
David also has experience representing businesses in corporate mergers and acquisitions (including healthcare transactions), and in the formation and ongoing administration of commercial and private trust companies.
Results
- Represented a leading private equity firm in its acquisition of two new development multifamily apartment communities
- Represented several private equity firms and investment management firms in the negotiation of joint ventures with operating partners, and the related acquisitions and financings of various types of properties, including, without limitation, industrial/logistics, multifamily, hotel, data center, shopping center, office and medical office properties*
- Represented a private equity firm in connection with its roll-up sale of a $3.2 billion portfolio of 280 US select service hotels to a newly-formed investment fund comprised of sovereign wealth funds and other investors*
- Represented a middle-eastern sovereign wealth fund in its greater than $3 billion dollar stock and asset purchase (and numerous related mortgage financings) of an industrial portfolio with 55 million square feet of space*
- Represented a public REIT in its acquisition of a 75 manufactured home community portfolio valued in excess of $1.5 billion, together with more than $800 million of financing and preferred equity transactions*
- Represented a private equity firm in a series of acquisitions of 13 new-development multifamily properties with aggregate purchase price of approximately $1 billion*
- Represented a private equity firm in a series of portfolio and single-asset dispositions of more than 30 select service hotels with aggregate transaction value of approximately $1 billion*
- Represented a private equity firm in a series of portfolio and single-asset acquisitions (and related portfolio mortgage financings) of more than 30 manufactured housing communities*
- Represented a private equity firm in the $380 million first and second mortgage financing, master development arrangement and subsequent sale of a leading US ski resort*
- Represented a private equity firm in its $3 billion acquisition (and related mortgage financings) of a major department store chain*
- Represented a foreign institutional investor in its $500 million purchase (and related mortgage financing), $213 million purchase (and related mortgage financing), and $128 million purchase (and related mortgage financing) of full-service luxury hotels and resorts in New York, New York; Miami, Florida and Washington DC*
- Represented a public REIT in its CMBS financing related to greater than $500 million purchase and master lease with a specialty store chain for the sale/leaseback of 20 retail properties and 3 distribution/logistics facilities*
- Represented a public REIT in its $767 million acquisition and ground lease mortgage financing of a medical office portfolio in the US*
- Represented a private equity firm in the $2.1 billion asset purchase of a national restaurant chain with more than 700 locations (and a related $1.5 billion sale/leaseback transaction)*
- Represented a private equity firm in its $180 million dollar sale of a master plan mixed-use community*
- Represented a private equity firm in its $248 million acquisition (and related mortgage financing) of an office building in Miami, Florida*
- Represented a private equity firm on its $87 million construction financing for development of a luxury condominium project located in Naples, Florida*
- Represented a private equity firm in its acquisition of a mixed-use office and full-service hotel and convention property in downtown Pittsburgh, Pennsylvania*
- Represented an institutional investor in structuring and selling its junior mezzanine loan secured by indirect membership interests in the owner of an iconic skyscraper in Chicago, Illinois*
- Represented the ownership group of a major league baseball team in its acquisition of several historic buildings in the immediate vicinity of the team’s stadium*
*Matter handled prior to joining McDermott.
Recognitions
- Chambers USA, Real Estate, 2024
- Legal 500 US, Recommended, 2015-2024
Community
- American Bar Association, member
Credentials
Education
University of Chicago Law School, JD, 2007
University of Southern California, BA, cum laude, 2003
Admissions
Illinois