David L. Zive

Of Counsel

Philadelphia

Tel 215.864.8411
Fax 215.864.8999

David L. Zive is a transactional finance attorney with over three decades of experience in real estate and commercial finance.

David focuses on commercial lending with an emphasis on loan originations, loan restructurings and distressed debt transactions, as well as creditors’ rights and enforcement matters. He represents creditors and borrowers at all stages of the credit life cycle of commercial loans, including construction loans, bridge loans, and permanent financings. He also counsels lenders, servicers and investors in connection with dispositions and acquisitions of distressed commercial loans. He possesses significant knowledge of structured finance, debt restructuring, asset management, and mergers and acquisitions.

Services

Experience

Representative Matters

Represented a national direct multi-family real estate lender in connection with a $28.3 million construction loan
Represented a national bank in connection with a forbearance of and loan modifications to a $27.5 million loan secured by a 95-unit multi-family property
Represented a national bank in connection with the sale of a commercial real estate loan for $7.7 million

Represented a private real estate lender in connection with a $27.250 million loan secured by a 224-unit multi-family property
Represented a senior private real estate lender in connection with a $3.5 million private equity investment made in the owner of a 40-unit multi-family property
Represented a national bank in connection with a $25 million revolving credit facility for a private golf club consistently rated in the top 10 by Golf Digest in its annual “America’s 100 Greatest Golf Courses”
Represented a national bank in connection with an $8 million revolving credit facility and affiliated $14.5 million real estate acquisition loan for a wholesaler and distributor of disposable protective apparel
Represented a national bank in connection with extensions of a $16 million revolving credit facility and affiliated $8.2 million real estate loans for a regional fruit and vegetable wholesaler
Represented a commercial real estate capital solutions provider in connection with modifications to a $40 million revolving credit facility from a national bank
Represented a private real estate lender in connection with a $13.25 million loan secured by a 40-unit multi-family property
Represented a real estate developer in connection with the restructuring of a $4 million commercial mortgage loan
Represented a national direct multi-family real estate lender in connection with a $33.5 million construction loan
Represented a multi-family real estate lender in connection with a $44 million construction loan
Represented a multi-family real estate lender in connection with a $22 million loan
Represented a national bank in connection with the sale of two commercial real estate loans for $76 million
Represented a national bank in connection with a $7.5 million equipment finance facility
Represented a national bank in connection with a one-year term extension of a $45 million credit facility
Represented a national bank in connection with a reissuance of $24.5 million tax-exempt revenue bonds and LIBOR to SOFR conversion
Represented a national bank in connection with a $4.2 million term loan to a US affiliate of a Chilean multinational logistics company
Represented a private lender in connection with a $10 million loan to an early-stage software developer
Represented a national bank in connection with the corporate restructuring of a $26 million term loan
Represented a private real estate lender in connection with a $16.1 million loan in connection with a purchaser’s acquisition of 45 acres of in southern New Jersey
Represented a national bank in connection with a $19 million secured vehicle floorplan line of credit facility
Represented a multi-family real estate lender in connection with a $5.1 million loan
Represented a national bank in connection with a $10.5 million secured line of credit facility to facilitate renovations to an automobile dealership
Represented a national bank in connection with the sale of 12 affiliated loans for $4 million
Represented a national bank in connection with a $9.5 million secured vehicle floorplan line of credit facility
Represented a national bank in connection with a $14.6 million secured vehicle floorplan line of credit and related loan facilities
Represented a national bank in connection with a $3.8 million term loan to a U.S. affiliate of a Chilean multinational logistics company
Represented a private real estate lender in connection with a $34.5 million loan secured by a 147-unit multi-family property which was converted from a shuttered hospital building
Represented a national direct multi-family real estate lender in connection with a $19.5 million construction loan
Represented a national direct multi-family real estate lender in connection with a $31.6 million construction loan
Represented a national direct multi-family real estate lender in connection with a $28.8 million construction loan
Represented a national direct multi-family real estate lender in connection with a $29 million construction loan
Represented a national bank in connection with a $75 million broker dealer line of credit facility
Represented a national bank in connection with an $85 million unsecured line of credit facility

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

Related Insights

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

David L. Zive

Share