Summary
Overview
Work History
Education
Skills
Grandchildren
References
Explanation
Personal Information
Timeline
Generic

DAVID J. LONICH

Montgomery,USA

Summary

Dynamic legal executive with a proven track record in residential real estate development and contract negotiation. Spearheaded over $200M in financing at Sixells, LLC, and adeptly managed complex legal frameworks across multiple high-value projects. Excels in business law and negotiation, driving successful outcomes and fostering robust business growth.

Overview

39
39
years of professional experience

Work History

LAW OFFICE OF DAVID J. LONICH
Santa Rosa, CA
01.2014 - 01.2018
  • General business practice with focus upon real estate and business
  • Co-counsel representing a plaintiff in a commercial lease dispute that resulted in a judgment in favor of the plaintiff against a tenant in the amount of $2.3M
  • Co-counsel representing a creditor in a bankruptcy that resulted in the creditor receiving a priority distribution of over $500,000
  • Represented a developer involved in owning and operating assisted living facilities at various locations in California
  • Prepared private placement memoranda pursuant to which over $2M in subscriptions were received

GENERAL COUNSEL

Menlo Oaks Corp
San Rafael, CA
01.2009 - 01.2014
  • Actively involved in negotiations regarding workouts of loans encumbering 224-unit condominium conversion in Sonoma County, California and a 176-unit condominium high rise in Washoe County, Nevada
  • On behalf of another client, negotiated the purchase of a loan secured by a 'broken condominium' in Sonoma County, California, the financing of the loan purchase, the financing for the construction required to complete the project, for which an affiliate of Menlo Oaks provided construction services, negotiated the settlement of approximately $3M of mechanic's liens, provided legal and management assistance for property management during the lease-up of the project, negotiated an agreement with the local government to defer the payment of fees and actively involved in the negotiation of additional financing for the completed project
  • Overseen litigation involving institutional lenders, contractors and other parties involving numerous projects, many of which have been successfully settled and resolved
  • Provided day-to-day legal counsel

MANAGER AND GENERAL COUNSEL

Sixells, LLC
Sacramento, CA
01.2001 - 01.2009
  • As the manager and sole member of Sixells, LLC, I had direct and day-to-day control over the operations that resulted in the acquisition of over 20 parcels of undeveloped land, primarily in the Sacramento Metropolitan Area, but also including Riverside and San Diego counties in California
  • For all but one of these projects, Sixells, LLC obtained all of the necessary governmental approvals to develop these parcels into over 1,500 residential units (primarily all of which were multi-family units) and ancillary retail developments
  • Negotiated over $200,000,000 of debt and equity financing for Sixells, LLC, including acquisition financing, construction financing, permanent financing and mortgage financing for buyers of completed residential units
  • Lenders included Indymac Bank, Bank of the West, Umpqua Bank, Exchange Bank and Countrywide
  • Negotiated all sales of land that had been acquired by Sixells, LLC and for which governmental approvals had been obtained
  • Purchasers of such approved developments included D.R
  • Horton, Centex, KB Homes, Pacific Properties and Pacific Mountain Partners
  • Oversaw the operations of affiliated brokerage company, Sixells Realty, Inc., and affiliated general contracting company, Sixells Construction, Inc

PRESIDENT AND GENERAL COUNSEL

Blackpointe Homes, Inc.
Walnut Creek, CA
01.1996 - 01.2000
  • As the President and General Counsel I had direct and day-to-day control over the operations of these affiliated companies that developed single-family subdivisions in the communities of Alamo, Brentwood, Diablo and Danville, in Contra Costa County, California and a master-planned golf course community of over 500 homes in Redding, California
  • Was primarily responsible for obtaining all necessary governmental approvals for each project
  • Negotiated all necessary debt and equity financing for Blackpointe-Homes, including, the refinancing of improvement bonds on the Redding project

GENERAL COUNSEL

Masma Construction, Inc.
San Rafael, CA
01.1993 - 01.1996
  • Provided legal services to Masma Construction, Inc
  • And its affiliates with respect to the acquisition, development, financing and sale of residential developments in Marin and Sonoma County that had aggregate sales of over $250,000,000
  • Assisted the principal in negotiating all debt and equity financing for various projects, with, among others, Imperial Bank, First Bank and Key Banc

PRESIDENT AND GENERAL COUNSEL

Kushner & Co. and Kushner Financial Corporation
San Francisco, CA
01.1989 - 01.1993
  • During my tenure at these companies, we funded over $20,000,000 of equity capital in 18 residential projects involving over 3000 lots, 500 detached homes and 800 apartment and condominium units
  • We also arranged over $80,000,000 of construction financing
  • I was solely responsible for preparing all securities offerings used with respect to arranging the equity capital and provided the legal oversight for obtaining all governmental approvals, construction contracts, institutional financing, and sales agreements related to these projects
  • During this period I negotiated two (2) settlements with the Resolution Trust Corporation involving over $28,000,000 of loans held by the RTC that were secured by residential projects containing over 400 dwelling units
  • Concurrently, I negotiated over $22,000,000 of institutional financing for these projects and within one (1) year concluded the sales of these projects for $30,000,000

PARTNER

Wilson, Ryan & Campilongo
San Francisco, California
01.1986 - 01.1989
  • I was primarily responsible for the real estate and bankruptcy practice for this San Francisco law firm
  • Our clients included a local bank that was quite active in the real estate lending market, numerous investment banking firms, a large agricultural firm, various developers of real estate projects, and private lending companies

ASSOCIATE

Flynn & Stewart
San Francisco, California
01.1979 - 01.1985
  • The primary area of practice for this San Francisco law firm was real estate
  • I was responsible for providing legal services involving acquisitions, entitlements, financing, leasing, sales and exchanges, and most every area of real estate transactions

Education

J.D. -

University of San Francisco Law School
01.1979

BA - Government

University of San Francisco
01.1976

Skills

  • Business law
  • Civil law
  • Document preparation
  • Residential real estate development
  • Document review
  • Evaluating contracts
  • Contract negotiation
  • Commercial real estate
  • Business transaction analysis
  • Negotiation
  • Real estate law
  • Drafting documents
  • Legal writing

Grandchildren

6

References

Furnished upon request.

Explanation

The explanation for there being no experience cited from 2018 to the present is that in April 2014 my employer and I were indicted for actions taken with regard to a loan obtained with respect to the 'broken condominium' project located in Santa Rosa, California. My employer was killed in a car accident in May 2014, but the government proceeded in prosecuting me, along with two officers of the bank that had made the loan in question. In December 2017 I was convicted of bank fraud, wire fraud and attempted obstruction of justice. I was sentenced to serve 80 months and  restitution was entered against me in the amount of $20M. After serving 30 months in the Federal Prison Camp located at the Maxwell AFB in Montgomery, Alabama, I was granted compassionate release and since then have resided with my wife in Montgomery, Alabama. In January 2022, the 9th Circuit Court of Appeals affirmed my conviction, but vacated my sentence and the restitution judgment. In May 2023 my sentence was deemed to be time served. I am currently on supervised release which allows me to work within Central Alabama.

Personal Information

  • Age: 70
  • Number of Children: 3
  • Marital Status: married

Timeline

LAW OFFICE OF DAVID J. LONICH
01.2014 - 01.2018

GENERAL COUNSEL

Menlo Oaks Corp
01.2009 - 01.2014

MANAGER AND GENERAL COUNSEL

Sixells, LLC
01.2001 - 01.2009

PRESIDENT AND GENERAL COUNSEL

Blackpointe Homes, Inc.
01.1996 - 01.2000

GENERAL COUNSEL

Masma Construction, Inc.
01.1993 - 01.1996

PRESIDENT AND GENERAL COUNSEL

Kushner & Co. and Kushner Financial Corporation
01.1989 - 01.1993

PARTNER

Wilson, Ryan & Campilongo
01.1986 - 01.1989

ASSOCIATE

Flynn & Stewart
01.1979 - 01.1985

J.D. -

University of San Francisco Law School

BA - Government

University of San Francisco

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