Thomas Galli

Partner

  • Thomas Galli
  • Phone: +1 202 776 5212

    Import to Address Book

  • Duane Morris LLP
    901 New York Avenue NW,
    Suite 700 East
    Washington, DC 20001-4795
    USA

Thomas Galli draws from decades of experience to represent clients on the most significant and complex real estate transactions and project developments. His in-house experience handling both legal and business matters gives him a better understanding of the challenges faced by stakeholders and their executives. This insight permits him to better provide clients with counsel on options and strategies that position them to achieve desired results. He is proactive rather than reactive—focused on anticipating issues in an effort to address them before they become more challenging to address in later stages of transactions and project developments. Tom has represented clients on transactions and development for data centers, mixed-use, office, industrial, multifamily, retail, sports stadium and other types of properties located throughout the country. He has worked on transactions for the acquisition, financing, joint venture and disposition of single assets and portfolios, balance sheet, securitized, credit line and construction financing, loan restructurings and workouts, lease transactions for landlords and tenants, and public-private partnerships. On development projects, he has represented clients through the entire project lifecycle—from site control and assemblage through development, construction, leasing, joint venture, financing, recapitalization and sale. Tom has represented all types of real estate investors, including private equity firms, sponsors, REITs, pension funds, opportunity funds, insurance companies, public companies, private companies, family offices, developers, asset managers, entrepreneurs and government agencies.

With Northern Virginia as the largest data center market in the world in his backyard, Tom has worked on data center transactions and developments for decades. He has represented investors, developers, operators and end-users on a spectrum of transactions and matters for data centers, from acquisitions (including land), entitlements, development, construction, power purchase agreements, joint ventures, to leases (including build-to-suits and sale/ leasebacks), financings, recapitalizations and sales.

Tom has also represented private equity firms on bids for, and acquisitions of, nonperforming loan portfolios, including the acquisition of nonperforming loan portfolios having an aggregate unpaid principal balance of approximately $5.4 billion from the Federal Deposit Insurance Corporation (FDIC) through its structured transactions program.

Admissions

  • Washington, D.C.
  • Virginia
  • California

Education

  • Stanford Law School, J.D., 1988
  • The Wharton School of the University of Pennsylvania, B.S., 1985

Professional Activities

  • American Bar Association

  • California Bar Association

  • District of Columbia Bar Association

  • Virginia Bar Association

Honors and Awards

  • Listed in The Best Lawyers in America, 2021-2027

  • AV Preeminent® Peer Review Rated by Martindale-Hubbell®

Media Hits

Selected Speaking Engagements

  • Moderator, “The Data Center Debt Panel: As the Interest Rate Environment Changes,” IMN Data Center Private Equity Dealmakers’ Forum, February 6, 2025
  • Panelist, "Investment Panel," SP Global Datacenter and Energy Innovation Summit 2024, October 30, 2024
  • Moderator, “Data Center Financing and Capital Markets: How Cost of Capital and Industry Demand Is Changing the Game,” National Data Center Investment Expo & Conference (DICE): East, May 22, 2024
  • Moderator, "Site Selection, Permitting and Lease Negotiation: Navigating the Early Phases of Development and Where to Build Next," National Data Center Investment Expo & Conference, May 22, 2024
  • Moderator, "Limited Partners and General Partners: Key Areas of Investment for 2021,” iGlobal Forum’s 22nd Real Estate Private Equity Summit, March 24, 2021
  • "Leveraging Public-Private Partnerships for Project Development: Deal Structures and Documentation," Webinar, Strafford Publications, Inc., March 24, 2016
  • Moderator, "Maturing Data Center Industry Including: Renewed M&A Activity, Valuation of the Data Center Operation & the Impact of Cross-Regional International Demand," Washington, D.C. & Mid-Atlantic Data Center Summit, Reston, Virginia, September 17, 2015
  • Moderator, "Real Estate Projects Executed in Partnerships and Other Collaborations with Governmental Authorities," Public-Private Partnership Conference & Expo, Dallas, February 24, 2015
  • "Professional Sports Stadiums and Successful Districts and Economic Development," Public Private Partnership Conference, Dallas, February 24-25, 2014
  • "REO-to-Rental: The View from the Federal Government," IMN, Single Family Aggregation: A Forum for Private Equity, REITs, Institutional Investors & Bank Rent-to-Own Programs, Scottsdale, Arizona, November 29-30, 2012
  • "Distress in the Residential Marketplace," Deloitte Conference, Distressed Debt & Assets Symposium, New York City, June 7, 2012
  • "Single Family Home Aggregation Strategies: Can it be Done Effectively?" IMN NY Real Estate Opportunity & Private Fund Investing Forum, New York City, May 30-31, 2012
  • "FDIC Structured Transactions and How They are Influencing Bank Sales of Loan Portfolios and Fannie Mae Structured Transactions," RealShare, Distressed Assets Conference, Dallas, May 3-4, 2012
  • "Beyond Distress," Green Pearl Events, New York City, September 22, 2011
  • "NPLs, FDIC Loan Sales & Servicing Bank Debt," IMN 12th Annual U.S. Real Estate Opportunity & Private Fund Investing Forum, New York City, June 1-2, 2011
  • "Distressed Debt & Assets," Deloitte Distressed Debt & Assets Symposium Conference, New York City, May 10, 2011
  • "How To Find Success In Distress," Globestreet Webinar, March 30, 2011
  • "Structured Sales: Seller Finance, Joint Ventures & Participations for Loan Portfolios," IMN Executive Conference on Distressed Real Estate, New York City, March 28-29, 2011
  • "Distressed Debt Tax, Accounting and Valuation Issues and Solutions," Deloitte Conference, New York City, November 3, 2010
  • "FDIC's Asset Disposition Programs," Urban Land Institute Fall Conference, Washington, D.C., October 15, 2010
  • "Investors' Interest in Distressed Loan Opportunities," Urban Land Institute Fall Conference, Washington, D.C., October 14, 2010
  • "FDIC's Asset Disposition Programs," Second Annual RealShare Distressed Assets Conference, Dallas, September 16, 2010
  • "FDIC Loan Sales," 11th U.S. Real Estate Opportunity & Private Fund Forum, IMN Conference, New York City, June 3-4, 2010
  • "Bank Exposures to Real Estate Risks and FDIC Asset Disposition Programs," New York University, New York City, May 19, 2010
  • "FDIC Asset Disposition Programs," Eighth Annual RealShare Conference, Washington, D.C., March 23, 2010
  • "FDIC Asset Disposition Programs," Symposium on Distressed Commercial Real Estate, IMN Conference, Hollywood, Florida, February 25-26, 2010
  • "The FDIC's Structured Transactions Program," Asset Advisory Alliance Conference, Newport Beach, California, February 2-6, 2010
  • "Distressed Assets in Commercial Mortgage Crisis," NAIOP Commercial Real Estate Development Association - Northern Virginia Chapter, Alexandria, Virginia, October 27, 2009
  • "FDIC's Structured Transactions Program: Sales of Interest in Distressed Loan Portfolios," NAIOP Commercial Real Estate Development Association, National Webinar, September 16, 2009
  • ALI-ABA's Modern Real Estate Transactions Conference, July 30-August 2, 2003
  • "Negotiating Terms for Base Rent 'Commencement Date,' and Pass-Throughs,"Washington, D.C. Association of Realtors, Washington, D.C., October 14, 2003