Background
David Longcroft is a real estate partner and the regional real estate group leader in our Vancouver office. Mr. Longcroft was admitted to the British Columbia bar in 1989. He is a graduate of the University of Toronto with a Bachelor of Laws in 1988. Prior to that, he received a Bachelor of Arts (Honours) from McGill University in 1984.
Area of Practice
- Mr. Longcroft practices in the area of commercial real estate.
Professional Experience
- Has wide range of clients, including national and local developers, publicly listed real estate companies, securities underwriters, mining, forestry and railway companies.
- Acts for developers of residential, retail and office development projects, from assembly and acquisition of land, through development approval process, subdivision, lease-up and sale.
- Has completed and is currently undertaking numerous air space parcel subdivisions in connection with mixed-use development, 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 mezzanine lenders, including recent 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.
- Acts for hotel owners in connection with the purchase, sale, refinancing and development of hotel and resort properties.
- Acted for the owner of a retail, office and educational facility in carrying out a complex air space parcel subdivision.
- 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
- Past Chair, Vancouver Real Property Subsection of the Canadian Bar Association.
- 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 and boundary disputes and ski resort development.
