David Mydske  

Senior Counsel

Executive Summary

David Mydske is Counsel in our Commercial Real Estate Group, and is based in Vancouver. Recognized as a leading real estate lawyer by the foremost legal rankings publications, David has expertise in all facets of real estate law. He represents pension funds, life insurance companies and other institutional and private investors and developers with respect to all types of real estate including shopping centres, office buildings, industrial properties and residential and mixed-use projects. He has recognized expertise in commercial leasing and acts for both landlords and tenants on sophisticated lease transactions and disputes.

David also acts for financial institutions and borrowers in the financing of real estate projects, including structured financing transactions involving public and private participation. He has acted on numerous large acquisitions and dispositions of real property including portfolio transactions. As well, he is experienced in the structuring of real estate ownership through joint ventures, limited partnerships and other investment vehicles, and has expertise concerning the expropriation of real property.

Representative Work

  • Acted for Sun Life Assurance Company of Canada in the acquisition of The Village at Thunderbird Centre, a 317,000-square-foot mixed-use development in Langley, BC. The development incorporates entertainment, retail and office space as well as a residential rental complex. The purchase price was approximately $150 million dollars.
  • Acted for Wesbild Holdings Ltd. with respect to the sale of a portfolio of four community shopping centres in BC (Railyard Mall, Boitanio Plaza, Clover Square Village and Garibaldi Village) to The Standard Life Assurance Company of Canada for approximately $90 million dollars.
  • Acted for Sun Life on the purchase of Meadowvale Shopping Centre, a regional shopping centre in Pitt Meadows, BC for a price of $30.5 million.
  • Acts for Grosvenor Canada Limited, owner/developer of Annacis Business Park in Delta, BC, one of BC's largest business parks with approximately 900,000 square feet of warehouse/industrial space. Has represented Grosvenor for 30+ years on this project, which has involved the successive subdivision, development, leasing, financing and sale of various properties.
  • Acted for Sun Life on the financing of Lougheed Mall, a regional shopping centre in Burnaby, BC, for $66.5 million dollars, and on the financing of Lougheed Village, a four-tower residential apartment complex with 528 rental units plus 21 commercial units, also located in Burnaby, BC, for $60 million dollars.
  • Acted for Citizens Bank of Canada and Vancouver City Savings Credit Union on the sale and financing of a multi-unit residential development at 60 West Cordova Street, Vancouver, BC, which involved both market and non-market residential units.
  • Acted for Citizens Bank in providing long-term financing to Concert Real Estate Corporation in the aggregate amount of $52 million dollars on the security of an office building at 1190 Hornby Street, Vancouver, BC and of an industrial warehouse project located in Knightsbridge Business Park, Richmond, BC.
  • Acted for Grosvenor Canada Limited and Manitoba Civil Service Superannuation Board in their joint venture / development, financing and leasing of "The Rise" project at Cambie Street at 8th Avenue in Vancouver, BC. This award-winning mixed-use retail/residential rental project includes Home Depot (new urban format), Overwaitea Food Group and Winners/HomeSense.
  • Acted for Ontario Municipal Employees Retirement System (OMERS) on the financing of 750 Burrard Street, Vancouver, BC, and King's Cross Shopping Centre, Surrey, BC, for an aggregate amount of $45 million dollars.
  • Acts for Insurance Corporation of British Columbia (ICBC) with respect to various real property projects and transactions.
  • Acts for Home Hardware Stores Limited on all real estate matters in BC, including leases, purchases, sales and developments.

Publications & Presentations

  • Author/Speaker, various industry and legal conferences (including the American Bar Association) on topics such as real estate development, real estate financing, equity financing and participation mortgages, real estate joint ventures, drafting real estate contracts, providing effective representation in large commercial real estate transactions and cross-border leasing issues.
  • Guest Lecturer (on Real Estate Law), UBC Faculty of Law.

Rankings & Recognitions

  • Selected by peers for inclusion in the 2017 edition (and since 2006) of The Best Lawyers in Canada® for Real Estate Law, and in 2017 for Commercial Leasing Law.
  • Recognized in the 2017 and 2016 editions of Chambers Canada — Canada's Leading Lawyers for Business (Real Estate: British Columbia, Real Estate: Nationwide - Canada).
  • Recognized in the 2016 edition (and since 2011) of Chambers Global — The World's Leading Lawyers for Business (Real Estate: Nationwide (Band 3); Real Estate: British Columbia (Band 2)).
  • Recognized in the 2017, 2016 and 2015 editions of the Legal 500 Canada (Real Estate).
  • Recognized in the 2017, 2016 and 2015 editions of The Canadian Legal Lexpert® Directory (Property Development, Property Leasing). Also recognized in 2014 and 2013 for Property Development.
  • Recognized in the 2016 edition (and since 2012) of Who's Who Legal: Canada (Real Estate).
  • Recognized in the 2016 edition of Who's Who Legal - The International Who's Who of Business Lawyers (Real Estate).
  • Martindale-Hubbell® BV® Distinguished™ 4.4 out of 5 Peer Review Rated.
  • Named "Vancouver Real Estate Lawyer of the Year" in the 2010 edition of The Best Lawyers in Canada®.