Background
David Longcroft is a real estate partner and the Regional Leader of the Business Department in our Vancouver office. David was admitted to the British Columbia Bar in 1989. He received a Bachelor of Laws from the University of Toronto in 1988 and a Bachelor of Arts (Honours) from McGill University in 1984.
Area of Practice
David practises in the area of commercial real estate.
Rankings and Recognitions
· Selected by peers for inclusion in The Best Lawyers in Canada 2012 (Real Estate Law)
· Martindale-Hubbell BV Peer Review Rating
· Recognized in the 2011 Canadian Legal Lexpert® Directory (Property Development)
Professional Experience
· Has a wide range of clients, including national and local developers, publicly listed real estate companies, institutional investors, securities underwriters and mining, forestry and railway companies.
· Acts for developers of residential, retail and office development projects, from assembly and acquisition of land, through the development and subdivision approval process, lease-up and sale.
· Has completed numerous air space parcel subdivisions in connection with mixed-use developments, including an air space parcel subdivision creating nine air space parcels within a facility comprising university, retail and office space.
· Acts for institutional real estate investment entities such as insurance companies, pension funds and REITs in connection with the purchase, sale, leasing and financing of retail, office and industrial properties.
· Acts for hotel owners connection with the purchase, sale, refinancing and development of hotel and resort properties.
· Acts for mezzanine lenders, including financings of hotel and resort projects.
· Acts for landlords of large apartment building portfolios in connection with the sale and purchase, redevelopment and financing of their buildings.
· Acts for short-line railway companies in connection with the acquisition and operation of provincial short-lines.
· Acted for underwriters and lenders to a hotel REIT in carrying out due diligence and simultaneous closing of 15 hotels across Canada.
· Acted for the lead proponent of a medical building REIT in negotiating the purchase of a portfolio of buildings in Ontario, Quebec and Nova Scotia.
· Acted for a landfill operator in carrying out significant due diligence and regulatory review in connection with the acquisition of a ranch property for landfill purposes.
Professional and Community Activities
· Executive Committee Member and incoming Treasurer of the British Columbia District Council of the Urban Land Institute.
· Past Chair, Vancouver Real Property Subsection of the Canadian Bar Association.
· Member of the Joint Task Force of the Canadian Bar Association and the Association of British Columbia Land Surveyors on air space parcel subdivisions.
· Former director, Canadian Diabetes Association.
· Author of papers for client and continuing legal education seminars on British Columbia condominium and new home warranty legislation, builders' lien legislation, the use of bare trust structures, boundary disputes and resort developments.