Dana C. Wells is one of the Senior Partners of the Firm and Chairman of both the Property & Development and Banking & Finance practice groups. He has acted as lead counsel for major international and Bahamian financial institutions on commercial loan transactions, including numerous multi-jurisdictional transactions involving groups of international banks.

Dana’s real estate expertise includes the structuring, financing and sale of commercial properties, subdivisions, residential projects, condominiums, time-sharing developments, hotels and resorts. He is also sought after for his in-depth knowledge of the local banking industry, mergers & acquisitions, and corporate matters.

Dana Wells is ranked by CHAMBERS GLOBAL for General Business Law – Real Estate. He “represents clients in high-value and complex real estate transactions and related commercial financing mandates… on both national and multi-jurisdictional matters.” (Chambers 2016)  He has been “praised for his handling of high-end commercial work in the real estate sector. He regularly assists clients with large-scale transactions and resort financings.” (Chambers Global 2015)  Chambers previously recognized him as “a key member of the Firm’s well-respected real estate team” (Chambers Global 2014) and also for “the quality of his securitisation work.” (Chambers Global 2013)

Recent transactions 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; and
  • Acquisition of the largest resort development in the Bahamas which involved a REMIC structure.
Practice Areas
Education
  • St. Anne’s School, Nassau, Bahamas
Admissions
  • The Bahamas Bar, 1972
Awards
  • Chambers Global Ranked Attorney 2016, General Business Law: Real Estate
  • Chambers Global Ranked Attorney 2015, General Business Law: Real Estate
  • Chambers Global Ranked Attorney 2014, General Business Law: Real Estate
  • Chambers Global Ranked Attorney 2013, General Business Law: Real Estate
Community Involvement
  • Bahamas Air Sea Rescue Association (BASRA)
  • Rotary International
Membership
  • The Bahamas Bar Association
Directorships
  • Director of a large international commercial bank