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    Senior Legal Counsel - New York, United States - Fernridge Group

    Fernridge Group
    Fernridge Group New York, United States

    6 days ago

    Default job background
    Description

    Senior Transaction Manager (New York, NY): Our client, a leading credit and real estate focused alternative asset management firm with north of $10B AUM, is seeking an attorney to join their growing legal team. This individual will work closely with both the General Counsel and Chief Transaction Counsel.

    Highlights:

    • Opportunity to join a growing, actively fundraising firm, in a newly created capacity working alongside a talented and lean legal and deal team
    • New hire will focus on the structuring and closing of RE loans, as well as the ownership and operation of real properties from both a legal and business standpoint
    • Highly visible and interactive role across teams and all levels internally
    • Hybrid work (4 days in) and excellent work/life balance, benefits, and compensation

    Responsibilities:

    • Structure, close and securitize the firm's commercial real estate loan originations
    • Track closing process and progress of all transactions in house
    • Assist Asset Management with loan amendments, modifications and workouts
    • Review and approve loan documentation, purchase and sale agreements and legal diligence prior to every closing
    • Review and approve securitization documentation, including confirmation of related representations and DDQ information
    • Negotiate warehouse and similar financing arrangements for Firm's assets
    • Draft and/or review other legal documents, including confidentiality agreements, third party engagement letters, scopes of work, etc.
    • Be a resource to CRE group, with focus on origination deal teams, on issues with legal and other ramifications

    Qualifications:

    • JD required
    • 3 - 6 years of relevant experience in private practice
    • Experience working on commercial real estate debt and equity transactions and documents
    • Experience with real estate asset management, including loan modifications, workouts and sales, as well as real property dispositions
    • Knowledge of corporate structures and documentation, including REIT formation
    • Ability to take initiative/ownership/responsibility of work product

    Total compensation - base plus bonus - will align with a candidate's Big Law class year.


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