David Hengstler
Biography
David Hengstler is a partner in the Real Estate Practice Group in Haynes Boone’s Orange County office. He focuses on representing lenders in financing transactions, including secured and unsecured credit facilities, joint ventures, bond financings, subscription facilities, syndicated facilities, letters of credit and other credit enhancements, real property secured transactions, asset-based lending, inventory and equipment financings, and project finance transactions. He also represents lenders in equity investments in real property-related ventures and handles related general real estate matters. David’s practice is centered on structuring, planning and documenting transactions for lender clients, and he also has substantial experience with loan workouts and bankruptcy-related aspects of financial transactions.
-
- Represented a national bank as agent in connection with a $120,000,000 syndicated A and B Tranche facility relating to the construction of a mixed-use multi-family and retail project.
- Represented a national bank in connection with various related transactional workouts with a borrower group involving loan facilities in excess of $800,000,000, secured by a portfolio of properties located throughout the continental United States.
- Represented a national bank in connection with a short sale of an office property located in California with an institutional investor.
- Represented a bank in connection with a note sale transaction involving a defaulted loan secured by various properties.
- Represented a national bank in connection with various syndicated construction facilities involving institutional REIT investor parties for construction loans in excess of $300,000,000 secured by real estate collateral located in several states.
Some of these representations were handled by David prior to joining Haynes Boone.
-
- State Bar of California
- Orange County Bar Association
- American Bar Association
-
- Recognized in Best Lawyers in America, Woodward/White, Inc., 2020-2026
-
Education
- J.D., University of Southern California, 2004
- B.A., University of California Irvine, 2000
Admissions
- California
-
What kinds of transactions do you handle?
I handle a wide range of finance transactions, including secured and unsecured credit facilities, joint ventures, bond financings, subscription facilities, syndicated facilities, letters of credit and other credit enhancements, real property secured transactions, asset-based lending, inventory and equipment financings, and project finance transactions. My work also includes related general real estate matters.
Who do you primarily represent?
I primarily represent lenders, including institutional lenders. My practice is focused on structuring, planning and documenting transactions on behalf of lender clients, and I also represent lenders in equity investments in real property-related ventures.
Do you handle distressed situations as well as new financings?
Yes. I have substantial experience with loan workouts and the bankruptcy-related aspects of financial transactions, and my selected matters include transactional workouts involving loan facilities in excess of $800 million.
What kinds of real estate finance matters have you handled recently or historically?
My work includes all types of real estate secured financing matters, ranging from large syndicated construction facilities, tranched facilities covering mixed-use multifamily and retail projects, and portolio loans in excess of $300 million secured by real estate in several states. My recent representative mattes also include a short sale of a California office property, a deed in lieu hotel transaction, and a note sale involving a defaulted loan secured by various properties.
What market conditions are you watching in California real estate finance?
I am watching how California’s June 2025 CEQA-related reforms affect the timing and cost of housing and infrastructure development (and the broader push to increase availability of housing in California). We are also monitoring the current economic environment to gauge its impact on real estate development and investment costs and timing nationwide, especially with a new Fed chairman in place.
Transactional Partner David Hengstler Joins Haynes Boone in Rapidly Growing Orange County Office
February 22, 2024