David Borinsky - Of Counsel
For more than 30 years, David has represented business and real estate entrepreneurs. Given his broad knowledge and varied experience, he is a good match for any deal with both business and tax challenges. He is routinely asked to advise on the full spectrum of legal, business and tax issues upon the buying, financing, restructuring and selling of commercial assets (be they operating businesses or real estate).
For example, his experience includes real estate acquisition and finance, sales of multiple entity (i.e., C‐Corp, S‐Corp, LLC, LP) family businesses to publicly traded firms, buyouts of partners in multi‐entity real estate portfolios, and the formation and drafting of family limited partnerships. It also includes restructuring of C‐Corp assets, governance and tax allocation provisions for partnerships with tax‐exempt partners, succession planning, sales to umbrella partnership real estate investment trusts, commercial lease negotiations and tax‐free corporate reorganizations. The focus of his work for retail operating entities is trending toward food service and other related retail development. Recently, he has teamed up informally with non-lawyer food service experts in order to comprehensively address the needs of clients interested in large-scale domestic and international expansion.
David’s clients are located throughout the United States – including the Mid-Atlantic region, points south and the Midwest – and include both large owners of real estate and other businesses and smaller entrepreneurial shops. He also has handled international tax matters, including acquisitions, in-bound investments and financings.
In the years immediately prior to joining RMG, David engaged in financing and overseeing the renovation of real estate in the greater Baltimore area. He was fortunate enough to run his passion project: Come Home Baltimore (CHB). CHB buys boarded up houses in a blighted east Baltimore neighborhood, renovates them to a high finish and sells to unsubsidized middle-income homebuyers. As part of CHB’s value proposition, CHB has contributed mightily to the emergence of a neighborhood of involved and active homeowners. Buyers are attracted not only by the high gloss finish to the homes but also by the enhanced sense of community. This project was reported on by ABC News, the London Times, the Los Angeles Times, Christian Science Monitor and other local Baltimore broadcast and print media.
David lectures and writes often on taxation, exempt organizations and other business topics. He taught as an adjunct in the Graduate Tax Program at the University of Baltimore School of Law. He has lectured informally at the University of Maryland Francis King Carey School of Law. In addition, David also served as the Chair of the tax department at a mid-sized Baltimore-based law firm. David earned his J.D. and B.A. from the University of Virginia and his Masters of Law in Taxation from New York University. He is admitted to practice in the State of Maryland.
- New York University School of Law, LL.M. (1983)
- University of Virginia School of Law, J.D. (1981)
- University of Virginia, B.A. (1976)