David E. Herold
Practice Areas: Banking/Commercial Lending Attorneys
David E. Herold serves as a Partner in the Real Estate and Commercial Lending Groups. He represents institutional lenders financing multi-family and commercial properties and documenting credit facilities for middle market and small business borrowers with a focus on condominium associations and home owners associations. In addition to conventional mortgage financing, he has experience in a variety of lending transactions including: leasehold financing, mezzanine financing, receivable financing and lending to borrowers in connection with EB-5 Immigrant Investor Program projects.
In addition to his lending practice, he acts as counsel to banks in connection with general banking and cash management matters, including negotiation of inter-creditor agreements, lockbox and other account agreements.
He has lectured on a number of subjects related to commercial lending including: attorney and paralegal procedures for commercial and multifamily lending groups, leasehold financing, title issues in commercial lending, financing condominium capital improvements with loans secured by common charges and assessments pursuant to Section 339-jj of the NYRPL and bridge financing to developers pending the release of EB-5 investor funds.
He received his Bachelor of Science in Finance from Boston College in 1991 and his Juris Doctor from St. John’s University School of Law in 1996.
A member of the Suffolk County and New York State Bar Associations, he is admitted to practice in the State of New York and the United States Supreme Court.
Active in the community, he serves on the Board of Directors of Long Island Cares – The Harry Chapin Food Bank.