People
David K. Conrad
Dave Conrad's practice includes commercial real estate law/real estate and asset-based commercial lending and workout, emphasizing representation of financial institutions and developers in connection with commercial real estate loans, including hotels, office buildings, apartments, nursing homes, condominiums and shopping centers. He represents construction and permanent mortgage lenders in negotiation and documentation of commercial loans (new and restructured).
Dave’s practice also includes general real estate matters; the workout of troubled loans; negotiating and drafting leases, acquisition and sales contracts, operating agreements and lender liability litigation. He has additional experience in the purchase and sale of loans and loan servicing, including loan participation agreements and syndicated loans. Dave has been the lead Ohio attorney on many energy-related projects relating to all real estate, finance and closing matters. He provides creative solutions to real estate matters throughout Ohio, the Midwest, and other parts of the country.
Experience
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$120 million mixed-use development project
Successfully led the closing of a mixed-use public-private development project in downtown Columbus, Ohio. Served multiple roles in the project’s financing, including as bond counsel to the developer, commercial loan bank representative and legal counsel for PACE financing.
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$225 million revolving loan transaction
Represented the lead lender in a $225 million revolving loan transaction to enable the sponsor to leverage ownership in publically traded securities and support additional acquisitions and investments for the sponsor.
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$35 million bond financing of multi-family mixed-use development
Represented a bank in the financing of a bond purchase transaction for construction of a multi-family development, including a restaurant, clubhouse and fitness space, located in Columbus, Ohio.
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Ohio’s largest PACE transaction
Served as counsel on a $16.3 million refinancing of a construction loan that involved significant PACE financing. The project funds eligible upgrades to a hotel near The Ohio State University campus in Columbus, Ohio. Energy efficient improvements include upgrades to the lighting and the building envelope.
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Syndicated construction loan
Represented a lender in connection with a syndicated construction loan for a large office/residential project including a bridge loan addressing timing issues with public financing.
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Campus housing refinancing
Represented a lender in connection with the refinancing of a collateral pool of 55 one- to four-unit single-family residential investment properties in close proximity to The Ohio State University campus.
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"Bridge Street" development
Represented a lender in connection with financing for the first office/retail building in a large multi-phase project with significant public/private partnerships involved.
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$42 million office and apartment project
Represented a lender in providing debt capital for the construction completion and lease-up of an office and apartment project.
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$22 million historic rehabilitation project
Represented a lender in connection with the residential component of a historic rehabilitation project.
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$23 million office/retail building
Represented a lender in connection with financing for the first office/retail building in a large multi-phase project with significant public/private partnerships involved.
Professional & Community Activities
- Past Chair, Counselors of Real Estate (CRE), Central and Northern Ohio
Presentations & Published Works
- Speaker, Real Property Institute, Columbus Bar Association, topics have included, "Negotiating Letter of Intent and Purchase Contracts," "Financing," "General Due Diligence," "Current central Ohio Mortgage Lending Trends" and "Mezzanine Financing"
- Guest lecturer for several years at the OSU Moritz College of Law; Columbus, Ohio (Construction Financing); OSU Fisher College of Business; Columbus, Ohio (Legal representation for real estate projects)
- Speaker, the National Association of Industrial Office & Properties of Central Ohio (NAIOP), topics have included, "Form Title Insurance Policy," "Update on Title Insurance Issues" and "Financing Alternative: 'TIC' Sale as it Affects Owner and Lender."
- Speaker, "Lending Issues Affecting Contractors," CFMA Panel Discussion
- Speaker, "NetJets Case Study," OSU Law School
- Speaker, the Bricker & Eckler LLP Central Ohio Lenders Seminar, topics have included, "Top Ten Bankruptcy Terms," "Borrower's Perspective on Participations and Syndications," "Top Ten Issues To Watch For When Using Pre-Printed Form Loan Documents" and "Loan Workouts: What to Do When a Borrower Defaults"
- Speaker, "Keys to Success in a Real Estate Transaction in Ohio," National Business Institute Seminar; Columbus, Ohio
- Speaker, "Ohio Commercial Real Estate Issues – Negotiation of Selected Provisions of Commercial Loan Documents," Lorman Seminar; Columbus, Ohio
Bar Admissions & Activities
- Member, Columbus Bar Association
Awards & Recognition
- Listed, Best Lawyers in America (Real Estate Law), 1995–2023
- Recognized, ChambersUSA, Real Estate with a Band 2 ranking, 2008–2022
- Listed, Ohio Super Lawyers (Real Estate: Business; Banking; Business/Corporate), 2004–2019
- Columbus Lawyer of the Year, Best Lawyers in America (Real Estate Law), 2012, 2018
- Ranked, AV Preeminent, Martindale-Hubbell
Education
- Kenyon College (A.B., summa cum laude, 1977); Phi Beta Kappa
- The Ohio State University Moritz College of Law (J.D., 1980); Order of the Coif; Ohio State Law Journal; Award for Academic Excellence
