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David Johnstone

David Johnstone heads the firm's Real Estate, Resort Development, and Private Client Groups. He is the clear industry leader in representing resort developers in all aspects of resort development, including acquisition, financing, regulatory approvals, development, master planning and sales programmes. He has extensive regulatory experience, including drafting applications to the Bahamas Investment Authority, drafting heads of agreement, and drafting and negotiating subdivision and utility agreements with Government. David has established himself as the go-to legal adviser in master-planning mixed-use resorts with varied residential and amenity components, including subdivisions, condominium, condohotel and timeshare components. He has structured complex condohotel programmes for homeowners’ associations, and advised on structuring golf club and marina club programmes for many of the county’s largest resorts. Additionally, David has established himself as an expert in representing high net worth private clients in real estate acquisitions and economic permanent residency matters. He has extensive experience in secured financing transactions, construction and mezzanine financing, securitisation and residential and commercial lease transactions. · Lennox Paton

BahamasReal Estate, Resort DevelopmentEnglish

About

David Johnstone heads Lennox Paton's Real Estate, Resort Development and Private Client groups in the Bahamas. He is a market-leading adviser to resort developers on acquisitions, financing, regulatory approvals, master planning and sales programmes and also represents high‑net‑worth private clients on real estate acquisitions and economic permanent residency matters.

Practice areas

Real EstateResort DevelopmentPrivate ClientBanking & FinanceReal Estate FinanceConstructionSecuritisationLeasing

Office

Expertise

Resort master-planningCondohotel programmesTimeshare and condominium structuresSubdivision and utility agreements with governmentMarina and golf club programme structuringSecured, construction and mezzanine financingSecuritisationDistressed sales and receivership transactionsHigh net worth private client workEconomic permanent residency matters

Education

  • University of British Columbia, Canada
  • Simon Fraser University (B.B.A), Canada

Admissions

  • Bahamas Bar (admitted 1988)

Languages

English