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David Tlusty
Counsel

Roseland
Tel: 973.597.2372 | Fax: 973.597.2373


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David Tlusty is Counsel to Lowenstein Sandler's Real Estate group. Mr. Tlusty has extensive experience in all aspects of commercial real estate, including acquisitions and dispositions, leasing and financing transactions. Prior to joining the firm, he served as Vice President in the Commercial Real Estate Finance Group at Nomura Credit & Capital, Inc. (2006 - 2008), where he specialized in the origination and securitization of fixed and floating rate mortgage loans and mezzanine loans, as well as other types of financings secured by commercial properties nationwide including portfolios of retail, office, multi-family, hotel, and mixed-use properties. Prior to that, Mr. Tlusty was a senior real estate associate with Kelley Drye & Warren LLP (2001 - 2006) and a real estate associate with Blank Rome Tenzer Greenblatt, LLP (1999-2001).

Recent representative transactions:

  • Represented major investment bank in connection with $132 million first mortgage, senior mezzanine and junior mezzanine loans secured by residential portfolio in Alabama.

  • Represented major life company as lender of a $140 million partially securitized mortgage loan secured by the Chicago Marriott Hotel and subsequent creation of 3 certificated participation interests therein.

  • Represented major investment bank in connection with $50 million securitized mortgage loan secured by properties in New Jersey and Florida.

  • Represented global portfolio lender in making more than 100 mortgage loans secured by office, retail and/or industrial properties nationwide.

  • Represented life company as co-lender of a $55 million construction-to-permanent mortgage loan made to major NJ medical practice for development of headquarters in Summit, New Jersey.

  • Represented major developer in connection with acquisition of office building portfolio and raw land in Princeton, New Jersey for combined purchase price in excess of $190 million.

  • Represented REIT in connection with acquisition and purchase money financing of multiple office buildings in Florham Park, New Jersey for combined purchase price of $125.5 million.

  • Represented major US developer in connection with the acquisition and financing of office complex outside of Boston for purchase price of $162 million.

  • Represented REIT in connection with the acquisition of office complex in central New Jersey for purchase price of $93 million.

  • Represented global investment bank affiliate in connection with acquisition and financing of office complex in West Windsor, New Jersey for purchase price of $72.5 million.

  • Represented affiliate of global developer in connection with a joint venture project with the United States of America to privatize a US Army base in New York State and a subsequent redevelopment project thereat valued at more than $400 million.

  • Represented Fortune 100 company in connection with sale of 60+ acre research and development facility in Edgewater, New Jersey, including a full environmental liability transfer.





  • National News and Developments
    Real Estate Newsletter, February 2011
    Edward Hunter, John Stolz, David Tlusty

  • New Jersey News and Developments
    Real Estate Newsletter, February 9, 2011
    Edward Hunter, John Stolz, David Tlusty

  • New York News and Developments
    Real Estate Newsletter, February 2011
    Edward Hunter, John Stolz, David Tlusty

    View More...



  • The addition of Edward Hunter, Member; David Kaufman, Counsel; David Tlusty, Counsel; Susan Yeu, Counsel; and Jessica Plinio, Associate, who join Lowenstein Sandler as part of the strategic expansion of the firm's Real Estate practice, is highlighted., AmLaw Daily, September 26, 2008

    wonderfully talented team exercises brilliant judgment and undertakes the most thorough research to ensure nothing slips through the cracks
    – Chambers USA Guide




    Corporate
    Real Estate


    Education

    New York Law School (J.D., 1997), cum laude
    University of Maryland (B.A., 1992)




    New Jersey
    New York


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