Senior Attorney - Commercial Real Estate Financing
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What you'll do
- Represent institutional and private equity lenders in connection with the financing of commercial and mixed-use properties, from inception to closing.
- Draft senior, subordinate, mezzanine, preferred equity and related loan documents, as applicable, to secure any applicable tranche of the capital stack.
- Experience with senior mortgage, junior mortgage, mezzanine, construction, balance sheet, bridge loans, participation agreements, and note-on-note financing.
- Perform detailed review of organizational documents on borrowing entities and necessary revisions thereto.
- Draft, review and revise commitment letters, term sheets, fee letters, credit agreements, ancillary loan documents, modification agreements, forbearance agreements, estoppels, SNDAs, intercreditor agreements, participation agreements, co-lender agreements and note-on-note financing documents.
- Oversee real estate secured finance transactions, workouts, and restructurings.
- Review title reports, surveys, and oversee title clearance
What they're looking for
- 7-15 years commercial real estate and commercial lender representation experience
- Must be admitted in New York
- Hands-on skills needed, with Microsoft 365
- Excellent legal research and writing skills
- Strong analytical, organizational, and prioritization abilities
- Effective communication skills for client interactions
Nice to have
- Portable business
Summarised by NextRaise from the employer’s description, which follows in full below.
Full description from employer
Commercial Real Estate Lending Law Firm located in Midtown Manhattan seeks attorney with 7-15 years commercial real estate and commercial lender representation experience to assist in all components of sophisticated commercial real estate lender representation.
Duties:
- Represent institutional and private equity lenders in connection with the financing of commercial and mixed-use properties, from inception to closing.
- Draft senior, subordinate, mezzanine, preferred equity and related loan documents, as applicable, to secure any applicable tranche of the capital stack. Experience with senior mortgage, junior mortgage, mezzanine, construction, balance sheet, bridge loans, participation agreements, and note-on-note financing.
- Perform detailed review of organizational documents on borrowing entities and necessary revisions thereto.
- Draft, review and revise commitment letters, term sheets, fee letters, credit agreements, ancillary loan documents, modification agreements, forbearance agreements, estoppels, SNDAs, intercreditor agreements, participation agreements, co-lender agreements and note-on-note financing documents.
- Oversee real estate secured finance transactions, workouts, and restructurings.
- Review title reports, surveys, and oversee title clearance
Qualifications:
The ideal candidate will thrive in a fast-paced environment and possess excellent legal research and writing skills. Strong analytical, organizational, and prioritization abilities, along with effective communication skills for client interactions, are essential. Hands-on skills needed, with Microsoft 365. Must be admitted in New York.
Benefits:
- Competitive compensation based on experience
- Portable business not required but generous fee share for business generation with platform to grow
- Hybrid Work Schedule
- Professional development opportunities
- Health, Dental and Vision insurance
- Flexible Spending Account (FSA) and Employee Assistance Program (EAP)
- 401k Matching
- Discretionary yearend bonus
- Paid time off
Apply today to become a part of our dynamic and supportive work environment
Company
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