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David Broadbent

Partner

222 South Main Street, Suite 2200, Salt Lake City, UT 84101

David Broadbent provides effective counsel and is a trusted advisor to lender, investor, and developer clients, as well as emerging and established companies.

David practices primarily in the fields of real estate and corporate law. He also has served as the receiver and counsel to receivers in enforcement actions brought by the U.S. Securities and Exchange Commission and the Utah Securities Division.

David is experienced in development, acquisition, sale, tax-free exchange transactions, and conventional, tax credit, and bond financing; as well as corporate governance, transactions, and restructuring. His projects have included the financing, purchase, development, and leasing of multifamily housing projects, regional shopping centers, office buildings, charter schools, hotels, and ski resorts.

Experience

Real Estate and Corporate
  • Development
  • Acquisition
  • Leasing
  • Sales
  • Tax-free exchange transactions
  • Conventional financing
  • Tax credit financing
  • Bond financing
  • Restructuring
  • Corporate financing
Receivership
  • Receiver and counsel to receivers
  • Developing plans of distribution
  • Litigating disputed claims
  • Liquidating assets
Commercial and Multifamily Development
  • CMBS loans
  • Freddie Mac loans
  • Fannie Mae loans
  • HUD loans
Renewable Energy
  • Wind power
  • Solar power

Client Results

  • Acquisition and financing of Solitude Ski Resort, Solitude, UT.

  • Acquisition, financing, and sale or exchange of multi-family projects in Las Vegas, NV, Henderson, NV, Denver, CO, Lakewood, CO, Kansas City, MO, Goodyear, AZ, Avondale, AZ, Salt Lake City, UT, Murray, UT, Logan, UT, and Provo, UT.

  • Sale of $350 million portfolio of multi-family housing properties.

  • Acquisition, development, and financing of shopping centers in Salt Lake City, Bountiful, Herriman, Provo, and West Valley City, UT.

Education

Bar Admissions

Recognition

  • Chambers USA: America’s Leading Lawyers for Business, Real Estate, 2008-2018
  • The Best Lawyers in America© Real Estate Law, 2005-2019
  • Mountain States Super Lawyers®, Real Estate, 2007-2018
  • Utah Business Magazine, Utah Legal Elite, Real Estate, 2008-2015, 2017, 2018

Professional and Civic Affiliations

  • Utah State Bar
    Real Property Section, Member
    Corporate Counsel Section, Member
    Business Law Section, Member
  • American Bar Association, Business Law Section, Member
  • University of Utah S.J. Quinney College of Law, Board of Trustees, Member
  • Great Salt Lake Council of the Boy Scouts of America, President
  • Valley Mental Health, Board of Directors, Former Member and Chair, 1995-1998, 2001-2012
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