![David Larsen](/sites/default/files/styles/portrait_4x5_360x450_1x/public/2024-08/David%20Larsen.jpg?itok=QX79O1c5)
![David Larsen](/sites/default/files/styles/portrait_4x5_360x450_1x/public/2024-08/David%20Larsen.jpg?itok=QX79O1c5)
J. David Larsen
- Seattle
- Los Angeles
Recognized for his ability to align projects with a client's overall business, David helps to streamline transactions and create efficiencies.
J. David Larsen represents lenders and loan servicers in financing transactions, such as mortgage loan originations, modifications, and assumptions ranging in size from $5 million to more than $1 billion. He also represents these clients in loan workouts, including structuring and implementing resolution programs for problem loans and loan portfolios. David also assists court-appointed receivers in the management, marketing, and disposition of distressed commercial properties.
In cross-border matters, David has handled real estate secured loans involving collateral in Canada, Mexico, Taiwan, and South Africa. In the U.S. he has managed the acquisition and disposition of commercial office buildings, shopping centers, hotels, warehouses, industrial facilities, and apartment buildings in many jurisdictions.
David works with national banks and finance companies, as well as major insurance companies, for which he has originated real estate loans. He has worked on diverse projects including the development of multistate military housing privatization projects, commercial leasing, and national retail and office landlord and tenant matters in many U.S. jurisdictions. David has handled retail and office leases aggregating well over 10,000,000 leasable square feet, including numerous leases with national anchor tenants. He served as a team leader for an international grocer client in its retail rollout in the western United States, preparing leases for many of its approximately 300 locations.
Areas of focus
Education & Credentials
Education
- University of California, College of the Law, San Francisco, J.D., Senior Articles Editor, Hastings International & Comparative Law Review, 1997
- Monterey Institute of International Studies, A Graduate School of Middlebury College, M.A., International Policy Studies, Significant Concentration in International Economics & Japanese Language, 1994
- Northwestern University, Weinberg College of Arts and Sciences, B.A., English, Significant Concentration in Asian Studies & Japanese Language, 1992
Bar and Court Admissions
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Washington
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California
Related Employment
- McKenna Long & Aldridge LLP, Los Angeles, CA, Partner, Real Estate & Financial Group, 2005-2010
- Loeb & Loeb LLP, Los Angeles, CA, Senior Associate, Corporate Group, 2002-2004
- Cooley Godward LLP, San Francisco, CA, Associate, Debt Finance Group, 1999-2002
- Steefel, Levitt & Weiss, San Francisco, CA, Associate, Real Estate & Finance Group, 1997-1999
Professional Recognition
Ranked by Chambers USA: America’s Leading Lawyers for Real Estate, 2018-2019
Impact
Professional Leadership
- Perkins Coie's Strategic Diversity Committee
- Perkins Coie's Associate and Counsel Evaluation Committee
- Perkins Coie's Paralegal Evaluation Committee
Professional Experience
Experience
- Represented an institutional lender in originating a $12 million acquisition loan for a boutique hotel in San Francisco, and a $13 million loan for a boutique hotel in Los Angeles.
- Handled remedy enforcement and asset disposition for national loan servicer of a $105 million defaulted CMBS mortgage loan secured by a multi-building office and retail park located in Huntington Beach, CA.
- Represented major national bank as lead attorney in a $50.2 million syndicated construction loan to finance the acquisition and development of a retail and office park in Southern California.
- Handled the assumption of more than 120 securitized mortgage loans as lead attorney for a major loan servicing company, including a $135 million loan secured by a luxury resort & spa involving a reverse 1031 exchange, a $65 million loan secured by a Bay Area shopping center, a $95 million loan secured by a Los Angeles area office park, and the $98,375,000 acquisition of a 1,00,000 square foot Amazon distribution facility in Phoenix, Arizona.
- Represented a major insurance company in the first mortgage refinancing of a portfolio of properties in Southern California consisting of offices, and research and development facilities.
- Represented an institutional lender in originating a $14,250,000 bridge loan secured by a HUD Section 8 multi-family property in San Jose, California.
- Served as court-appointed receiver’s counsel in connection with the receiver’s management, marketing and disposition duties for a multi-building office park located in Irvine, CA securing a $106 million defaulted CMBS mortgage loan.
- Represent national asset management companies with ongoing commercial leasing activity at regional shopping centers across the country, including in California, Pennsylvania, Massachusetts, New Hampshire, New York, New Jersey, Connecticut, Illinois, New Mexico, and Ohio, to date aggregating over 10,000,000 leasable square feet, including the negotiation and drafting of a large number of retail leases with anchor tenants.
- Represented an institutional lender in originating multiple real estate loans, including among others the USD $29,500,000 refinance of 221-unit garden-style apartment in Nevada, the USD $57,000,000 refinance of 197-unit garden-style apartment in Northern California, and the USD $24,500,000 acquisition and construction financing for 261,226 square foot residential and office project with parking garage housing the regional headquarters for AECOM Technology Corporation in Orange, California.
- Handled the simultaneous sale of two multifamily assets in Southern California, a 116-unit apartment complex and a 78-unit apartment complex, totaling USD $35,000,000.
- Represented a leading third-party provider of loan servicing for the commercial real estate finance industry in its capacity as master servicer of a portfolio of three performing securitized loans in the aggregate principal amount of $87,100,000, secured by anchored regional shopping centers.
- Represented a leading third-party provider of loan servicing for the commercial real estate finance industry in its capacity as special servicer in a deed-in-lieu transaction to resolve a defaulted $32,800,000 loan secured by large office facilities.
- Represented major institutional lender in connection with a $25,000,000 revolving line of credit to an international adult entertainment conglomerate. The credit facility required complicated intercreditor arrangements, and for the borrower to cause multiple subsidiaries to enter into subsidiary guaranties secured by pledges of all of their assets.
- Represented a California-based non-bank lender in connection with the origination of a $15,240,000 loan secured by a hotel and retail property. The financing included a mezzanine component, and assisted with diligence for the new loan, including review of the operating lease, and other hotel specific issues.