David R. Augustin

concentrates his practice in the area of real estate law, with particular emphasis on financing and workouts, foreclosures, commercial leasing, acquisitions and sales, retail projects, hotels, tax-deferred exchanges, real estate development and project finance.

Mr. Augustin has represented buyers and sellers of complex commercial projects, including portfolio and multi-state transactions and equity interest transfers. Additionally, he works with lenders in documenting real estate loans and has closed numerous multistate transactions. He has also assisted lenders in restructuring troubled real estate loans and taking back properties by foreclosure or deed in lieu of foreclosure. In addition, to representing lenders, he frequently works with borrowers in acquisition loans, leasehold financings, and construction loans. Mr. Augustin has worked on purchases and sales of hotels and resorts and on loans secured by hotels (both as lender's and borrower's counsel). He has represented landlords and tenants in office, retail and other commercial leases. He has worked on numerous ground leases for landlords, tenants and lenders. He has worked on the development and financing of wind farms and solar projects.

Admitted to practice in Pennsylvania and New Jersey, he is a member of the Real Property Section of the Philadelphia Bar Association.

Mr. Augustin is a frequent speaker at seminars on a variety of topics and has also written a number of articles. He is a 1988 summa cum laude graduate of Villanova University School of Law and a cum laude graduate of Princeton University (A.B. 1985).

Resume

Experience

•Duane Morris LLP
- Partner, 1998-present
- Associate, 1990-1997

Honors and Awards

•Listed in Chambers USA: America's Leading Lawyers for Business, 2010-2020

•Pennsylvania Super Lawyers, 2006-2008 and 2012-2019

•Listed in Philadelphia SmartCEO Legal Elite, 2012
•Listed in Super Lawyers Corporate Counsel Edition, May 2009
•AV Preeminent Peer Review Rated by Martindale-Hubbell

Publications

Selected Publications

•Co-author, Social Distancing and Notarization During the COVID-19 Pandemic, Duane Morris Alert, April 6, 2020
•Co-author, Maryland Provides Economic Relief from COVID-19 for Businesses and Tax Payers, Duane Morris Alert, March 31, 2020
•Co-author, Use of E-Signatures, E-Notarizations and Remote Notarizations to Close Transactions Amid the COVID-19 Outbreak, Duane Morris Alert, March 20, 2020
•Author, New Jersey Prepayment Law Does Not Apply to Individual Guarantors of a Commercial Loan, Duane Morris Alert, June 27, 2014
•Co-author, Philadelphia Creates Land Bank for City to Sell and Purchase Vacant Property, Duane Morris Alert, January 16, 2014
•Co-author, Pennsylvania Supreme Court Weighs in on Amendments to Pa. Oil and Gas Act, Duane Morris Alert, December 23, 2013
•Co-author, N.J. Superior Court Finds That Condemning Authority Is Not Required to Negotiate with Mortgagee Prior to Initiation of Eminent Domain Action, Duane Morris Alert, February 21, 2013
•Co-author, Revised Common Level Ratio for Philadelphia May Entitle Certain Taxpayers to a Refund, Duane Morris Alert, February 20, 2013
•Author, When Your Retail Tenant Wants a Rent Reduction, New Jersey Lawyer Magazine, December 2009/No. 261
•Author, Seventh Circuit Upholds Yield Maintenance Prepayment Premium, Shopping Center Legal Update, Vol. 27, Issue 3, Fall/Winter 2007
•Co-Author, Tenants Rights of First Refusal Might Not Be As Simplistic As They Appear, Commercial Real Estate Quarterly, a supplement to The Legal Intelligencer, April 2000
•Co-Author, Lenders: Beware the Hidden Liability of Loans, Commercial Real Estate Quarterly, a supplement to The Legal Intelligencer, March 2000
•Author, IRS Announces Safe Harbors for 'Reverse' Section 1031 Exchanges
•Co-author, Landlords Advised Against Self-Help to Recover Possession, The Legal Intelligencer, March 26, 1990

Speaking Engagements

Selected Speaking Engagements

•Roundtable Leader, Strategies for Buying and Selling Distressed Real Estate and Other Assets, Duane Morris Event, Philadelphia, April 22, 2009
• The Fundamentals of Real Estate Law in Pennsylvania, seminar presented by Lorman Education Services, Philadelphia, Pennsylvania, January 21, 2004
• Title Insurance: The Basics and Beyond, Commercial Lending Requirements and Loan Documentation in Pennsylvania, seminar presented by Lorman Education Services, Philadelphia, Pennsylvania, October 23, 2003
• Lender Issues in Office and Retail Leasing and Tenant Defaults and Landlord Remedies, National Business Institute seminar titled The Essentials of Office and Retail Leases in Pennsylvania, Philadelphia, Pennsylvania, April 4, 2001, King of Prussia, Pennsylvania, April 5, 2000, Philadelphia, Pennsylvania, April 6, 1999
• Perfection of Security Interests in Non-Real Property Collateral in a Real Estate Loan Transaction, CLE International's Advanced Real Estate Finance Conference, Philadelphia, Pennsylvania, June 20-21, 1996, June 12-13, 1997, June 11-12, 1998 and October 12-13, 2000