What are the responsibilities and job description for the Senior Legal Counsel position at Fernridge Group?
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