Dominic J. De Simone

Partner
Philadelphia

Dominic J. De Simone is the Co-Chair of Ballard Spahr's national Finance Department, and Team Leader of the firm's Private Equity Real Estate, Commercial Loan Servicing, and Distressed Real Estate teams. He practices general real estate law, with a focus on real estate finance, transaction structuring and restructuring, and distressed real estate matters on behalf of lenders, special servicers, investors, and borrowers. Dom also has extensive experience representing real estate purchasers and sellers, developers, landlords and tenants, and court-appointed receivers.

Dom is particularly known for his work with balance-sheet and CMBS loan originations, construction loan transactions, intercreditor matters, loan and investment structuring and restructurings, and workout and enforcement matters, all involving such varied project types as retail, office, industrial, multifamily, student housing, hotel, residential and commercial condominiums including broken condominiums, single-family tract development, assisted-living facilities, gaming, and mixed-use developments. He has advised on a wide variety of single- and multi-lender financing structures, including acquisition, construction, revolving, leasehold mortgage, CMBS, and mezzanine loan transactions; subscription facilities; A/B loan splits; loan participations; note financings; New Markets Tax Credit transactions; sale-leaseback transactions; and bond financing transactions.

Experience 

Representative Matters

Loan Originations

  • Representation of a private equity real estate investment fund formed by an affiliate of a national homebuilder and a global investment management firm for a $186 million acquisition and land development loan to a national development company. The loan financed the acquisition of a 759 acre land assemblage and provided funds to complete all necessary site work and lot improvements for the project, a 775-lot residential development in Loudoun County, Virginia. The lots were under contract for sale to three national homebuilders upon completion of improvement of the lots on a rolling quarterly takedown schedule. The representation included assisting in the structuring of the transaction and then drafting and negotiating all relevant loan documents. These included a highly structured completion guaranty and subordination agreements between our client and each of the national-homebuilder purchasers of the lots as well as an intercreditor agreement with the seller who provided seller financing secured by a portion of the project.

Professional Highlights

Professional Activities

American Bar Association

New Jersey State Bar Association

Pennsylvania Bar Association

Recognition & Accomplishments

The Best Lawyers in America, real estate law, 2015-2022

Chambers USA, real estate law (Pennsylvania), 2010-2021

Named to the Philadelphia Business Journal's Best of the Bar list, 2019

Speaking Engagements

Faculty, "Capital Stack: Bending without Breaking," Pennsylvania Bar Institute, Successful Real Estate Development Projects, Philadelphia, April 10, 2019

Moderator, "Capital Sourcing and Structuring," Marcum Commercial Real Estate Summit, Philadelphia, October 17, 2018

Moderator, "Capital Sourcing and Structuring," Marcum Commercial Real Estate Summit, Philadelphia, October 25, 2017

Credentials 

Education

Temple University James E. Beasley School of Law (J.D. 1995, magna cum laude)
Recipient, Arthur L. Berns Memorial Award in Real Estate Law; Recipient, Joseph W. Price III Memorial Award in Taxation Law

Drexel University (B.S. 1988, cum laude)

Admissions

New Jersey

Pennsylvania