David L. Nagler

Mr. Nagler has over 30 years of experience counseling both traditional real estate clients and real estate-related businesses, including with regard to data center and digital infrastructure transactions and matters involving hotels and resorts. He has worked extensively on numerous development projects, financings, joint ventures, data center leases, acquisitions and sales, and recapitalizations.

In recognition of his work, Mr. Nagler has been repeatedly selected for inclusion in Chambers USA in the New York Real Estate: Finance category and named to The Best Lawyers in America. He has also been recognized in IFLR1000 and as one of Lawdragon’s 500 Leading Real Estate Lawyers and 500 Leading Dealmakers in America.

Recent significant transactions include representing:

Data Centers and Digital Infrastructure

• SDC Capital Partners, LLC in connection with the development of multiple hyperscale data center campuses in the U.S. and Europe, including:
  • data center leases with multiple hyperscale tenants for over 800 MW of capacity in the U.S. and Europe
  • over $5 billion in financings to develop and equip hyperscale data centers in the U.S. and Europe
  • the disposition of a data center campus
  • acquisitions of majority stakes in various fiber and telecommunication companies
• Blue Owl Capital in multiple data center construction loan financings aggregating billions of dollars
• Sentinel Data Centers in connection with:
  • the net lease of a data center to a financial services firm
  • the disposition to public REITs of portfolios of multi-tenant data centers
  • over $800 million of data center financings
  • a joint venture with a private equity firm to develop data centers

Hotels and Resorts

• MSD Partners in:
  • the acquisition, development and $650 million construction financing of the Four Seasons Naples Beach Club and residences
  • the development and $600 million construction financing of the four-acre Knox development in Dallas, Texas, including the Auberge Collection hotel and residences
  • numerous transactions related to the Four Seasons Hualalai Resort, including a $650 million financing, the acquisition of the ground lease interest from the Bishop Estate and various joint venture transactions
  • numerous transactions related to the Four Seasons Maui at Wailea Resort, including a $675 million financing
• Silverstein Properties in:
  • the joint venture development and $930 million construction financing of the Four Seasons New York hotel and private residences at 30 Park Place in New York
  • the acquisition, joint venture development and $360 million construction financing of Four Seasons Orlando at Walt Disney World Resort

Additional Significant Representations

• Silverstein Properties in:
  • the $310 million financing of 120 Broadway in New York and the joint venture recapitalization of this property
  • the $470 million credit-supported financing of the Silver Towers residential development
  • $360 million financing of 1177 Avenue of the Americas in New York and the joint venture recapitalization of this property
• Normandy Real Estate Partners in:
  • the $880 million acquisition, joint venture and related financing of the Terminal Stores Building; and
  • the joint venture recapitalization and financing of a $145 million office portfolio
  • the joint venture acquisition, financing and subsequent disposition of 1370 Avenue of the Americas in New York; and
  • the acquisition, financing and subsequent recapitalization of a portfolio of properties acquired in connection with a REIT going-private transaction
• Brookfield Properties in:
  • the $450 million financing of the Gas Company Tower; and
  • the $270 million financing of 355 South Grand Avenue in Los Angeles
• Toll Brothers, Inc. in connection with multiple development joint ventures with institutional investors, including for build-to-rent communities, multifamily housing, distressed investment and condominium development
• Chartwell Retirement Residences in:
  • the $849 million sale of its U.S. senior housing business
  • more than $500 million of senior housing portfolio sales
  • over $1.2 billion of acquisitions and financings of senior housing properties
• Deutsche Bank AG in connection with the foreclosure development and $1.73 billion sale of The Cosmopolitan of Las Vegas hotel and casino
• SL Green:
  • in the $900 million financing of 1515 Broadway in New York
  • as servicer, in connection with the UCC foreclosure sale of the equity in the John Hancock Tower in Boston and 10 Universal City Plaza in Los Angeles