DLCommercial Real Estate Advisors was founded by David Church in response to the fundamental dislocation suffered by commercial real estate markets in 2007-2010.
DLCommercial Real Estate Advisors sources debt and equity for commercial real estate projects (income-producing & for-sale) in the Mid-Atlantic, including Pennsylvania, New Jersey, Delaware, Maryland, New York, Ohio and Virginia. The firm has relationships with conduits, local, regional and national banks, bridge lenders, mezzanine lenders, equity investors, and life insurance companies.
The firm devoted two years (2010-2012) to modifying distressed loans secured by income-producing real estate, foreclosures, and asset sales. Mr. Church developed a keen appreciation for what modification terms are acceptable to conduit lenders through his consulting work for a CMBS Special Servicer.
Mr. Church employs a proprietary Excel Workbook to analyze commercial properties; this analysis includes broker estimates of value, underwriting, equity returns, income and expense sensitivity, discounted cash flows, development budgets, and capitalized interest projections based on draw and lease-up schedules, etc.
The firm believes in fact-based decision making where experience and integrity play pivotal, complimentary roles. David Church uses a combination of sophisticated technology and his years of on-the-ground experience to generate results. Providing innovative solutions to our clients' needs is how we measure success.
Mr. Church has over 25 years of commercial real estate success that spans the specialties of construction lending, permanent lending, loan placement, underwriting, credit analysis, loan modification, and workout. He has been instrumental in the underwriting, approval or management of more than $3.0 billion of commercial real estate loans. David Church was a Senior Vice President with the Commercial Real Estate Group of PNC Financial before founding DLCommercial Real Estate Advisors.
Mr. Church is a CCIM Designee and holds a New Jersey Real Estate Sales License. He serves on the CCIM PA/NJ/DE Chapter Board of Directors and is a member of the Urban Land Institute (ULI) where he volunteered for the South Jersey Regional Satellite Council. David Church earned a BA from Washington & Lee University (cum laude) and an MA from The University of Virginia.
David Church's LinkedIn Profile and Twitter Account can be found at: