Tim has over 25 years of experience representing investment funds, insurance companies and banks in a wide array of real estate finance transactions.

PRACTICES

OVERVIEW

Tim Davis is the Managing Partner and Chair of the Executive Committee. He is an experienced real estate finance lawyer and previously served as Chair of the Business Department and Co-Chair of the firm's Real Estate and Institutional Finance Practice Group. He has over 25 years of experience representing investment funds, insurance companies, and banks in a wide array of real estate finance transactions, including the origination, acquisition and restructuring of mortgage loans, mezzanine loans, "B" notes and preferred equity investments. Tim has deep experience structuring and negotiating intercreditor, co-lender and participation agreements. He also regularly represents institutional clients in the acquisition and disposition of performing and non-performing loans and commercial properties. Tim also has extensive experience in the restructuring, enforcement and resolution of defaulted loans, including deed-in-lieu of foreclosure transactions.

Tim is a frequent moderator and panelist at real estate finance industry conferences.

Recognition and Involvement

Recognition & Involvement

Since 2021, Tim has been recognized by Chambers USA (Tier 1) as a leading lawyer in Real Estate Finance in Pennsylvania. As part of the Chambers USA 2024 results, one reference commented, “Tim is very knowledgeable of the sector and able to find commercial solutions to legal matters.” Other comments include, “He's been around a long time; he's seen it all and has an instinctive feel for getting to the right outcome," and “Timothy is practical and never flustered. He's a true professional."

Since 2016, Tim has been recognized by The Best Lawyers in America® in the area of Real Estate Law. He is also AV® Preeminent rated by the Martindale-Hubbell peer review rating system. 

In 2017, Tim was elected by his peers as a Fellow in the American College of Mortgage Attorneys, a prestigious national invitation-only organization formed to establish an integrated group of lawyers in each state who are highly skilled in real estate lending and related practices. 

Credentials

Bar and Court Admissions

Pennsylvania

Education

University of Pennsylvania Law School, JD, 1989

University of Pennsylvania, MA, 1986

University of Pennsylvania, BA, 1985, magna cum laude

News & Insights

  • Coverage College 2024
    Coverage College 2024
    10.30.24 | Philadelphia, PA
  • 18th Annual Coverage College
    18th Annual Coverage College
    10.30.24
  • Best Lawyers® Recognizes 49 White and Williams Attorneys
    Best Lawyers® Recognizes 49 White and Williams Attorneys
    8.15.24
  • White and Williams Celebrates Chambers 2024 Rankings
    White and Williams Celebrates Chambers 2024 Rankings
    6.10.24 | Chambers USA Rankings 2024
  • Mezzanine Financing & High Yield Debt Origination Trends
    Mezzanine Financing & High Yield Debt Origination Trends
    5.15.24 | IMN Real Estate Mezzanine Financing & High-Yield Debt Forum (New York, NY)
  • White and Williams Announces New Managing Partner
    White and Williams Announces New Managing Partner
    1.3.24
  • Best Lawyers® Recognizes 45 White and Williams Lawyers
    Best Lawyers® Recognizes 45 White and Williams Lawyers
    8.18.23 | Firm News
  • White and Williams recognized with Multiple Honorees in the Chambers 2023 USA Guide
    White and Williams recognized with Multiple Honorees in the Chambers 2023 USA Guide
    6.9.23
  • Intercreditor and Subordination Agreements, Workouts and Associated Documentation
    Intercreditor and Subordination Agreements, Workouts and Associated Documentation
    5.16.23 | IMN Real Estate Mezzanine Financing & High-Yield Debt Forum (New York, NY)
  • Distressed Debt Opportunities and Loan Foreclosure Strategies
    Distressed Debt Opportunities and Loan Foreclosure Strategies
    4.19.23 | Mortgage Bankers Association of New York Breakfast (New York, NY)
  • New York Lawmakers Re-introduce Legislation to Impose Recording Tax on Mezzanine Loans and Preferred Equity Investments
    New York Lawmakers Re-introduce Legislation to Impose Recording Tax on Mezzanine Loans and Preferred Equity Investments
    2.1.23 | Real Estate Alert
  • Best Lawyers® Recognizes 40 White And Williams Lawyers
    Best Lawyers® Recognizes 40 White And Williams Lawyers
    8.18.22 | Firm News
  • Chambers USA 2022 Ranks White and Williams as a Leading Law Firm
    Chambers USA 2022 Ranks White and Williams as a Leading Law Firm
    6.1.22
  • Borrowers’ Perspective: Sourcing Debt in Today’s Crowded Market
    Borrowers’ Perspective: Sourcing Debt in Today’s Crowded Market
    5.4.22 | iGlobal Forum 12th Real Estate Mezzanine Financing Summit
  • Best Lawyers® Recognizes 38 White and Williams Lawyers
    Best Lawyers® Recognizes 38 White and Williams Lawyers
    8.19.21
  • Chambers USA 2021 Ranks White and Williams as a Leading Law Firm
    Chambers USA 2021 Ranks White and Williams as a Leading Law Firm
    5.20.21
  • New York State Legislature Considers Extending Mortgage Recording Tax to Mezzanine Debt and Preferred Equity
    New York State Legislature Considers Extending Mortgage Recording Tax to Mezzanine Debt and Preferred Equity
    9.8.20 | Real Estate Alert
  • Best Lawyers® Recognizes 43 White and Williams Lawyers
    Best Lawyers® Recognizes 43 White and Williams Lawyers
    8.20.20
  • New York Court Temporarily Enjoins UCC Foreclosure Sale
    New York Court Temporarily Enjoins UCC Foreclosure Sale
    8.14.20 | Real Estate Alert
  • Congress Introduces HOPE-ful Solution for Distressed CRE Borrowers
    Congress Introduces HOPE-ful Solution for Distressed CRE Borrowers
    8.3.20 | Real Estate Alert
  • Selling and Purchasing Performing and Non-Performing Loans
    Selling and Purchasing Performing and Non-Performing Loans
    7.8.20 | iGlobal Forum 10th Real Estate Mezzanine Financing Summit (Virtual)
  • How COVID-19 Mezzanine Foreclosures May Fare In NY Courts
    How COVID-19 Mezzanine Foreclosures May Fare In NY Courts
    7.7.20 | Law360
  • Mezzanine Loan Defaults, UCC Foreclosures and Recent New York Court Decisions
    Mezzanine Loan Defaults, UCC Foreclosures and Recent New York Court Decisions
    7.6.20 | Real Estate Alert
  • What’s the Standard for “Commercially Reasonable” in a Commercially Unreasonable World (Health Crisis)? Part II
    What’s the Standard for “Commercially Reasonable” in a Commercially Unreasonable World (Health Crisis)? Part II
    5.19.20 | Real Estate and Finance Alert
  • What’s the Standard for “Commercially Reasonable” in a Commercially Unreasonable World (Health Crisis)?
    What’s the Standard for “Commercially Reasonable” in a Commercially Unreasonable World (Health Crisis)?
    5.15.20 | Real Estate and Finance Alert
  • Second Circuit Decision Addresses New York Usury Laws and Post-Default Mortgage Loan Obligations
    Second Circuit Decision Addresses New York Usury Laws and Post-Default Mortgage Loan Obligations
    4.17.20 | Real Estate Alert
  • C-PACE for New Construction/Repositioning
    C-PACE for New Construction/Repositioning
    4.14.20 | Webinar
  • C-PACE 101: An Introduction to Philadelphia and Pennsylvania Programs
    C-PACE 101: An Introduction to Philadelphia and Pennsylvania Programs
    4.7.20 | Webinar
  • Loan Modifications Due to COVID-19 Pandemic: FDIC Answers CARES Act FAQs
    Loan Modifications Due to COVID-19 Pandemic: FDIC Answers CARES Act FAQs
    3.30.20 | Real Estate and Finance Alert
  • Selling and Purchasing Performing and Non-Performing Loans: Threshold Issues to Consider
    Selling and Purchasing Performing and Non-Performing Loans: Threshold Issues to Consider
    3.26.20 | Real Estate Alert
  • COVID-19: Loan Enforcement and Foreclosure-Related Actions
    COVID-19: Loan Enforcement and Foreclosure-Related Actions
    3.25.20 | Real Estate Alert
  • Checklist for Lenders in Turbulent Times: Reviewing Your Portfolio
    Checklist for Lenders in Turbulent Times: Reviewing Your Portfolio
    3.24.20 | Real Estate Alert
  • Keeping Pace with C-PACE: An Introduction for the Commercial Real Estate Community
    Keeping Pace with C-PACE: An Introduction for the Commercial Real Estate Community
    10.10.19 | White and Williams LLP (Philadelphia, PA)
  • The 3 R's of Mezzanine and Subordinate Financing: Risks, Rewards and Remedies
    The 3 R's of Mezzanine and Subordinate Financing: Risks, Rewards and Remedies
    9.6.19 | American College of Mortgage Attorneys 2019 Annual Meeting (Monterey, California)
  • Best Lawyers® Recognizes 29 White and Williams Lawyers
    Best Lawyers® Recognizes 29 White and Williams Lawyers
    8.15.19
  • Philadelphia Enacts Commercial Property Assessed Clean Energy (C-PACE) Program
    Philadelphia Enacts Commercial Property Assessed Clean Energy (C-PACE) Program
    8.14.19 | Real Estate Alert
  • Real Estate Fundamentals: The Current State of the Property and Capital Markets
    Real Estate Fundamentals: The Current State of the Property and Capital Markets
    5.7.19 | iGlobal Forum 9th Real Estate Mezzanine Financing Summit (New York, NY)
  • Key Issues for Preferred Equity Investors in Real Estate Transactions
    Key Issues for Preferred Equity Investors in Real Estate Transactions
    4.22.19 | Real Estate Alert
  • Mezzanine Lending and Preferred Equity Panel
    Mezzanine Lending and Preferred Equity Panel
    3.5.19 | Mortgage Bankers Association of New York Breakfast Program (New York, NY)
  • PACE Loan Considerations for Commercial Real Estate Lenders
    PACE Loan Considerations for Commercial Real Estate Lenders
    2.5.19 | Real Estate Alert
  • Best Lawyers Recognizes Twenty White and Williams Lawyers
    Best Lawyers Recognizes Twenty White and Williams Lawyers
    8.15.18
  • Mortgage and Pledge of Equity — Clogging the Equity of Redemption?
    Mortgage and Pledge of Equity — Clogging the Equity of Redemption?
    8.7.18 | Real Estate Alert
  • Debt Fund 2.0: New Players and Evolving Roles Changing the Face of Mezz
    Debt Fund 2.0: New Players and Evolving Roles Changing the Face of Mezz
    6.7.18 | iGlobal Forum 8th Real Estate Mezzanine Financing Summit (New York, NY)
  • Key Provisions to Focus on When Negotiating Senior/Subordinate Co-Lender Agreements
    Key Provisions to Focus on When Negotiating Senior/Subordinate Co-Lender Agreements
    Spring 2018 | Real Estate Finance Journal
  • Leasehold Financing: Key Issues for Mortgage Lenders
    Leasehold Financing: Key Issues for Mortgage Lenders
    4.16.18 | Finance Alert
  • IMN Real Estate Mezzanine Financing & High Yield Debt Forum: Bridge Loans Panel
    IMN Real Estate Mezzanine Financing & High Yield Debt Forum: Bridge Loans Panel
    11.8.17 | IMN Real Estate Mezzanine Financing & High Yield Debt Forum (New York, NY)
  • Key Provisions to Focus on when Negotiating Intercreditor Agreements
    Key Provisions to Focus on when Negotiating Intercreditor Agreements
    10.5.17 | Finance Alert
  • Ten Considerations for Financing Medical Office Buildings
    Ten Considerations for Financing Medical Office Buildings
    9.21.17 | Real Estate Alert
  • Best Lawyers Recognizes Fifteen White and Williams Lawyers
    Best Lawyers Recognizes Fifteen White and Williams Lawyers
    8.15.17
  • Assigning Loan Documents: Practical Reminders
    Assigning Loan Documents: Practical Reminders
    4.28.17 | Real Estate Alert
  • Construction Mezzanine Financing
    Construction Mezzanine Financing
    3.29.17 | Finance Alert
  • Tim Davis Accepted as Fellow into the American College of Mortgage Attorneys
    Tim Davis Accepted as Fellow into the American College of Mortgage Attorneys
    2.24.17
  • IMN Borrower & Investor Forum: Mezzanine Originator Panel
    IMN Borrower & Investor Forum: Mezzanine Originator Panel
    11.1.16 | IMN Borrower & Investor Forum (New York, NY)
  • Best Lawyers Recognizes Twelve White and Williams Lawyers
    Best Lawyers Recognizes Twelve White and Williams Lawyers
    8.15.16
  • IRS Reverses Position on "Bad Boy" Guarantees
    IRS Reverses Position on "Bad Boy" Guarantees
    5.16.16 | Tax and Finance Alert
  • The Changing Landscape of Commercial Loan Documents
    The Changing Landscape of Commercial Loan Documents
    4.7.16 | Philadelphia, PA
  • “Bad Boy” Guarantees Reviewed by the IRS
    “Bad Boy” Guarantees Reviewed by the IRS
    3.22.16 | Tax and Finance Alert
  • Bridge Loans: What Opportunities Does this Market Hold for Lenders/Borrowers in 2016?
    Bridge Loans: What Opportunities Does this Market Hold for Lenders/Borrowers in 2016?
    11.10.15 | IMN Borrower & Investor Forum (New York, NY)
  • White and Williams Lawyers Recognized by Best Lawyers
    White and Williams Lawyers Recognized by Best Lawyers
    8.17.15
  • Finance Forum: Intercreditor and Subordination Agreements in Real Estate & Commercial Finance
    Finance Forum: Intercreditor and Subordination Agreements in Real Estate & Commercial Finance
    4.23.15 | Philadelphia, PA

Memberships

American College of Mortgage Attorneys, Fellow

CRE Finance Council

National Multifamily Housing Council

REPRESENTATIVE MATTERS

  • Representation of insurance company and its investment advisor in origination of $85 million mortgage loan relating to 254-unit luxury apartment complex
  • Representation of insurance company and its investment advisor in origination of $35 million mortgage loan relating to large luxury apartment complex
  • Representation of investment fund in origination of $160 million mortgage loan relating to branded hotel and resort
  • Representation of investment fund in origination of $60 million mortgage loan relating to expansive multi-family complex with unique real estate complexities
  • Representation of investment fund in origination of $22 million mortgage loan relating to acquisition and rebranding of resort hotel
  • Representation of investment fund in origination of $35 million mortgage loan and $10 million mezzanine loan financing of multi-state hotel portfolio
  • Representation of investment fund in co-origination of $41 million construction financing of luxury multi-family project, inclusive of complicated senior-subordinate (A/B) co-lender negotiations
  • Representation of investment fund in acquisition of $25 million mezzanine loan relating to major urban hotel, inclusive of negotiation of bespoke intercreditor agreement with senior lender and implementation of risk mitigation deal features to address complex real estate issues
  • Representation of investment fund in $11 million preferred equity investment in luxury multi-family construction project, inclusive of drafting and negotiating customized recognition agreements with mortgage lender and ground lessor
  • Representation of investment fund in $4.4 million preferred equity investment in luxury student housing complex, including negotiating customized recognition agreement with mortgage lender
  • Representation of investment fund in origination of $6.4 million mezzanine construction loan for luxury multi-family complex, inclusive of extensive intercreditor negotiations with senior lender
  • Representation of life insurance company in origination of $48 million mortgage loan relating to luxury multi-family complex, inclusive of intercreditor negotiations with German pension fund
  • Representation of life insurance company in origination of $38 million mezzanine loan relating to Class A office building
  • Representation of life insurance company in origination of $30 million mortgage loan financing of class A office building
  • Representation of life insurance company in origination of $63 million mortgage loan financing of portfolio of retail centers
  • Representation of financial institution in origination and syndication of $175 million mortgage loan of class A office building
  • Representation of financial institution in origination of $22 million construction to permanent mortgage loan for medical facility buliding 
  • Representations of investment funds and life insurance companies in numerous acquisitions and dispositions of mortgage loans, "B" notes and mezzanine loans across the capital stack
  • Numerous representations of clients with respect to mortgage loan restructurings, mezzanine loan restructurings, deed in lieu transactions and enforcement proceedings
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