Mr David Johnstone > Lennox Paton > Nassau, Bahamas > Lawyer Profile

Lennox Paton
3 BAYSIDE EXECUTIVE PARK
WEST BAY STREET & BLAKE ROAD, PO BOX N-4875
NASSAU
Bahamas
David Johnstone photo

Work Department

  • Real Estate
  • Resort Development 
  • Private Client

Position

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.

Memberships

  • The Bahamas Bar Association
  • Society of Trust and Estate of Practitioners (STEP)

Education

  • University of British Columbia, Canada
  • Simon Fraser University (B.B.A), Canada
  • Admitted to the Bahamas Bar in 1988

Lawyer Rankings

Bahamas > Real estate

(Leading individuals)

David JohnstoneLennox Paton

Lennox Paton’s practice, led by David Johnstone, handles many of The Bahamas’ most high-value real estate matters including resort, residential, and commercial projects throughout the region. As well as having a strong high-net-worth private client base, the team also assists luxury developers as well as leading financial institutions and lender groups with the financing of development projects. In a recent highlight, the group acted for Taylor Freres Americas on the $500m development of Phase I of a branded mixed-use resort on Cat Island, including a large branded condo-hotel programme, a golf course and a marina. With particular expertise in property acquisitions, project financing matters and master planning issues relating to large integrated mixed-use resort and residential developments, the department also has experience with regulatory approvals and sales programmes. Deputy practice head Chelon Carr-Newbold has extensive experience advising on large, high-profile projects, with a notable emphasis on work for high-net-worth individuals. Another key member of the team is senior associate Nateisha Anderson-Bain, who regularly works alongside Johnstone on the department’s significant transactions.