Dana C. Wells

Dana Wells is a Consultant Counsel, of the firm’s Property and Development Practice Group.

Dana specializes in real estate transactions and conveyancing, sales and structuring for both high-end and private client matters and large commercial transactions.  His practice covers mortgage-backed financing and loans, property title due diligence and opinions, title insurance, subdivision, resort and hotel planning development and operation, commercial and residential leases and related tax matters and issues and in advising on and applying for all governmental and requisite approvals. He is particularly well known for his in-depth knowledge of the local banking industry, mergers & acquisitions, and corporate matters.

Dana is recognised by the prestigious London-based Chambers and Partners as a top ranked attorney in the Chambers Global General Business Law – Real Estate sector. He holds the distinction of a Band 1 ranking, which is the highest individual ranking.

Chambers Review: The outstanding Dana Wells is renowned for his prowess in matters of land law. His expertise extends to condominium and timeshare matters as well as residential projects and hotel developments. Interviewees agree he is “very knowledgeable” in his field.

Recent engagements include:

• Representing a major international debt fund as local counsel in a debt-for-equity swap of approximately US$ 170 million, concerning a major Bahamian resort property and related joint venture interests, which included obtaining requisite multi-departmental Bahamian Government approvals for the acquisition, the assumption of casino management licenses, and a numerous relevant operating licenses.
• Structuring real estate developments including luxury residential, hotel, marina, condominium, time-share, and commercial projects throughout Nassau, Paradise Island and the Family Islands.
• Establishing local manufacturing concerns under the Industries Encouragement Act.
• Acquisition of the largest resort development in the Bahamas which involved a REMIC structure.