Biography
David Markovitz is an associate in Weil’s Real Estate practice and is based in New York. David participates in the representation of Firm clients with respect to mergers, acquisitions and divestitures for real estate related companies.
David has been part of the teams advising:
- American Securities in its acquisition of RealManage, LLC
- The Amherst Group, LLC in the reorganization of its existing business into an independent operating business, an independent property business and three opportunity zone funds, and in connection with its acquisition of a financing facility to fund a management-led leveraged buyout and refinance their capital structure
- Amherst Holdings, LLC in a $500 million formation of a joint venture with JLL Income Property Trust to acquire single family rental home portfolios across various U.S. markets
- Brookfield Asset Management Inc. (renamed Brookfield Corporation) in connection with the spin-off of a 25% interest in its asset management business through a newly listed company, Brookfield Asset Management Ltd., with a market value of more than $50 billion as of the spin-off date
- Brookfield Business Partners in its sale of Westinghouse Electric Company to a consortium led by Cameco Corporation and Brookfield Renewable Partners, in a transaction that implied a Westinghouse enterprise value of $8 billion
- Core Scientific Inc. representing Core Scientific, one of the world’s largest cryptocurrency mining and hosting companies with approximately $1 billion in debt in evaluating strategic options in light of falling Bitcoin prices and other headwinds in cryptocurrency industry
- Digital Realty Trust, Inc. in definitive agreements with Brookfield Infrastructure Partners L.P. and its institutional partners, Cyxtera Technologies and Digital Core REIT, that successfully resolve the relationships with Cyxtera, including its (i) $459 million sale of four data centers located in California and New Jersey, (ii) $44 million purchase and termination of three of Cyxtera’s leases in Germany and Singapore, (iii) assignment to Brookfield of three leases in Los Angeles and New Jersey and (iv) purchase option to acquire from Brookfield one colocation center outside of London
- The Home Depot in its $18.25 billion acquisition of SRS Distribution Inc.
- The Kroger Company, along with The Albertsons Companies, Inc., in the approximately $1.9 billion sale of 413 stores, as well as select banners, distribution centers, offices and private label brands, to C&S Wholesale Grocers, LLC in connection with Kroger’s proposed merger with Albertsons Companies Inc.
- SoftBank Group Corp. and SoftBank Vision Fund II in transactions related to debt and equity investments in WeWork, Inc.
David joined Weil as a summer associate in 2020.
David received his J.D. from Harvard Law School, where he served as an Editor for the Harvard Business Law Review, and his B.A. from Beth Medrash Govoha.
Firm News & Announcements
Firm News & Announcements
- Weil Advises The Home Depot in its Pending $18.25B Acquisition of SRS Deal Brief — April 01, 2024
- Weil Advises Digital Realty in Successful Resolution of Relationship with Cyxtera Deal Brief — November 06, 2023