David L. Zive is a commercial real estate finance attorney with over three decades of experience representing national and local banks, institutional and private lenders, and real estate developers and other real estate owners and investors at all stages of the credit life cycle involving the origination, restructuring, and workout of permanent loans, bridge loans, construction loans, mezzanine loans, and preferred equity investments. Additionally, he counsels lenders, servicers, and investors in connection with the disposition and acquisition of distressed commercial loans. David also has significant experience in other aspects of real estate transactions, including acquisitions, dispositions, and leasing.
Prior to joining Ballard Spahr, David was senior in-house counsel with PNC Bank, National Association, where he provided strategic business and legal advice to corporate, commercial, and real estate banking business partners in all aspects of commercial loan workouts, reorganizations, modifications, settlements, enforcements, and bankruptcies. He also advised capital markets partners in the marketing and sale of over $3 billion in distressed and non-distressed commercial debt, covering all aspects of commercial loan sale transactions.
David also served as Vice President and Director of Legal of Resource Real Estate, a diversified real estate investment and asset management firm, where he managed the legal affairs of a $150 million distressed commercial loan and real estate portfolio. He also managed the legal affairs of a $1 billion commercial mortgage loan portfolio for an affiliated publicly traded Real Estate Investment Trust.
Representative Experience
Representative Matters
- Represented a private real estate investment firm in connection with a $132.5 million office financing
- Represented a private real estate lender in connection with a $60 million loan secured by a 216-unit multi-family property
- Represented a national direct multi-family real estate lender in connection with a $28.3 million construction loan
Professional Highlights
Speaking Engagements
Webinar Panelist, "Professor's Corner — Accelerating and De-accelerating the Mortgage Note," ABA Section of Real Property, Trust and Estate Law, May 14, 2024
Panelist, "When the Plan Goes Awry: Making the Best of Mortgage Modifications," ABA Section of Real Property, Trust and Estate Law’s 35th Annual RPTE National CLE Conference, May 11, 2023
Panelist, "Restructuring and Forbearance of Commercial Loans: A Refresher and Update for the “New World,” Real Estate Institute, December 2, 2022
Board Memberships & Community Service
Brandeis University Alumni Admissions Council
Board of Directors, Jewish Federation of Southern New Jersey, Cherry Hill NJ
Executive Board, Katz Jewish Community Center, Cherry Hill, NJ
Board of Directors, Katz Jewish Community Center, Cherry Hill, NJ
Credentials
Education
Emory University School of Law (J.D. 1989)
Brandeis University (B.A., cum laude, 1986)
Admissions
Pennsylvania
U.S. District Court for the Eastern District of Pennsylvania
U.S. Bankruptcy Court for the Eastern District of Pennsylvania