
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.
Services
- Finance
- Real Estate
- Real Estate Finance
- Commercial Loan Servicing
- Distressed Real Estate
- Distressed Assets and Opportunities
- Distressed Office Buildings
- Insurance Company and Institutional Investments
- Private Equity Real Estate
- Real Estate Development and Transactions
- Leasing
- Mixed-Use, Condominium, and Multifamily Development
- Tax - Real Estate
- REITs
- P3/Infrastructure
- Commercial Finance
- Real Estate and Construction Litigation
- Banking and Financial Services
- New York Real Estate Finance
- Western Real Estate Finance
- Bioenergy and Biomanufacturing
- Environmental, Social, and Governance (ESG)
- Bridge Lending
- Corporate Trust Services
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
Fellow and Pennsylvania State Chair, American College of Mortgage Attorneys (ACMA)
Fellow, the American College of Real Estate Lawyers (ACREL)
The Best Lawyers in America, real estate law, 2015-2023
Speaking Engagements
“Show Me the Money! Cash Management for CMBS and Conventional Loans,” American College of Real Estate Lawyers Conference, Spring 2021
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
Publications
Related Insights
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