Dave Tlusty Partner

Roseland
T 973.597.2372 | F 973.597.2373



With extensive experience in complex real estate financing transactions, major acquisition and disposition deals and sophisticated commercial leasing arrangements, Dave Tlusty is a true real estate "generalist" in every sense of the word. Since entering the legal profession, Dave has been an active participant in virtually every type of real estate-related transaction. He has represented global investment banks, portfolio lenders, insurance companies and funds in connection with the origination, securitization, servicing and workout of mortgage loans secured by real property around the country. He has represented buyers and sellers of all types of commercial property as well as landlords and tenants in connection with office, retail and land leases throughout the United States.

Having spent several years as an in-house attorney for an international investment bank, Dave has a keen awareness of the practical business concerns involved in complicated real estate transactions, from deal structuring and negotiation to tax implications to asset management concerns to overall risk management and mitigation. He is regarded by his clients as a results-oriented attorney who thinks outside the box and goes the extra mile to help them achieve their goals through innovative and thoughtful solutions.

Dave's principal areas of focus include:

  • Real estate asset acquisitions/dispositions
  • Sophisticated commercial/industrial/retail/ground leasing
  • Mortgage loan origination/closing/servicing
  • Real estate asset management
  • Sophisticated negotiation and legal drafting
  • Portfolio/CMBS loan documentation/closing
  • Loan workouts/restructuring
  • Construction/development projects

Representative Engagements

Representing Getty Realty Corp. in the leasing of approximately 800 gasoline service station properties throughout the Northeastern United States in a series of portfolio leasing transactions.
Represented an affiliate of Lend Lease in connection with its military housing and hotel privatization programs, including the privatization, acquisition, development and financing of the military multifamily housing communities on military bases nationwide and the privatization of over 18,000 hotel rooms across 42 military installations.
Represented a major investment bank in connection with first mortgage, senior mezzanine and junior mezzanine loans valued at $132 million that were secured by a residential portfolio in Alabama.
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Other Distinctions


Publications

Real Estate Leasing
Real Estate Newsletter, July 2012
Edward Hunter, John Stolz, Maureen Montague, Dave Tlusty, Lowell Plotkin, Rebecca Cossin
Real Estate Lending
Real Estate Newsletter, July 2012
Edward Hunter, John Stolz, Maureen Montague, Dave Tlusty, Lowell Plotkin, Rebecca Cossin
National News and Developments
Real Estate Newsletter, February 2011
Edward Hunter, John Stolz, Dave Tlusty
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Press Mentions

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

Related Areas

Corporate
Real Estate

Education


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

Bar Admissions


New York
New Jersey