Managing Attorney
David J. Murphy
Managing Attorney
EMAIL
dmurphy@murphypc.com
Phone
617-993-0650
LinkedIn
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Overview
David J. Murphy is the Managing Attorney of Murphy PC, a Boston-based real estate and business law firm and is Of Counsel to McDermott, Quilty, Miller & Hanley LLP.
With over 20 years of experience, David counsels clients in the acquisition, development, sale, leasing, and financing of commercial real estate throughout New England and other states. A significant portion of his practice involves the formation, negotiation, structuring, and governance of sophisticated real estate joint ventures, including preferred equity transactions, co-sponsor arrangements, and multi-member investment structures.
He drafts and negotiates operating agreements, partnership agreements, purchase and sale agreements, loan documents, construction contracts, and commercial leases. He advises on entity governance, distribution waterfalls, capital contribution structures, promote arrangements, fiduciary obligations, and tax-efficient investment planning.
He has structured financing arrangements across construction, permanent, refinance, and mezzanine loans with regional and national lenders, with experience in Fannie Mae, HUD/FHA programs, bond financing, and historic and affordable housing tax credits.
David represents developers through every phase of a project, including site evaluation, due diligence, acquisition, permitting, zoning, financing, construction, leasing, and disposition, and counsels owners and investors in the purchase, sale, and operation of commercial properties across all property types.
Education
- LL.M. in Taxation, Boston University School of Law
- J.D., Suffolk University Law School
- B.B.A., University of Massachusetts Amherst
Memberships
- LLCs, Partnerships, and Unincorporated Entities Committee, Business Law Section, American Bar Association
- Business and Real Estate Sections, Boston Bar Association
- Business and Real Estate Sections, Massachusetts Bar Association
Practice Focus
- Joint Ventures & Entity Counseling
- Project Development
- Acquisitions & Sales
- Financing
- Leasing
- Construction
- Private Client
Experience
Select Representative Matters
Joint Ventures & Preferred Equity
Co-sponsor in joint venture with co-sponsor and investors to develop a 600,000 square foot life science development in Somerville, Massachusetts
Preferred equity investor in 188-unit multifamily acquisition with assumption of Fannie Mae loan in Covington, Georgia
Preferred equity investor in 42-unit condominium conversion in Raleigh, North Carolina
Joint venture consisting of a developer and nonprofit organization in the development of affordable housing in Roxbury, Boston, Massachusetts
Restaurant group in restructuring ownership of parent and subsidiary entities operating in Nantucket, Massachusetts and Palm Beach, Florida
Owner in purchase of estate property consisting of a compound with several homes in Nantucket, Massachusetts
Development
Developer of 300-unit residential apartment community in Hyde Park, Boston, Massachusetts
Developer in phased project consisting of a religious center and 70-unit apartment building with underground parking in Brighton, Boston, Massachusetts
Developer of 60 affordable housing units in Roxbury, Boston, Massachusetts
Developer of hotel project in West End, Boston, Massachusetts
Acquisitions, Financing & Leasing
Owner in sale of Bank of America office building in Waltham, Massachusetts
Owner in purchase and leasing of shopping centers leased to national tenants in Saugus and Quincy, Massachusetts
Owner in refinance of mixed-use building with 20 apartments and retail space with historic tax credits in Downtown Crossing, Massachusetts
Purchaser of multiple restaurant businesses and liquor licenses in North End and South End, Boston, Massachusetts