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Ready Capital · 5 hours ago

Exec Dir, Senior Commercial Real Estate Couns

New York, NY

Contract

Hybrid

Senior Level, Lead/Staff

$250K/yr - $275K/yr

8+ years exp

Ready Capital is a multi-strategy real estate finance company that specializes in loans backed by commercial real estate. They are seeking a Senior Commercial Real Estate Counsel to lead and manage a variety of commercial real estate transactions and provide legal advice to support the company's growth and operations.

Financial ServicesMortgageReal Estate

Responsibilities

Lead, manage, draft, review, and negotiate a wide range of commercial real estate transaction documents, including:

Loan documents (loan agreements, mortgages, notes, guaranties, allonges and assignments)

Purchase and sale agreements

Forbearance agreements and pre-negotiation agreements

Discounted payoff agreements

Intercreditor agreements

Land use easements and ground leases

Oversee title, survey, zoning, and other diligence matters, in connection with the purchase and sale of assets and loans, including portfolio transactions and M&A, coordinating with internal teams and outside counsel as needed

Advise on restructurings, workouts, foreclosures, and deed-in-lieu transactions; effectuate loan assignments and internal corporate restructurings

Negotiate vendor agreements, loan servicing agreements, property management agreements, and brokerage/leasing agreements

Work closely with tax, operations, asset management, capital markets underwriting and originations teams to implement business plans efficiently

Strategically engage, supervise, and manage outside counsel to ensure cost-effective and timely execution of matters

Qualification

Commercial real estate transactionsDraftingBig Law experienceNegotiationLegal due diligenceProject managementEmotional intelligenceCollaboration skillsSelf-motivatedOrganizational skills

Required

J.D. from an accredited law school

Admission to the New York Bar (or ability to obtain in-house counsel registration)

8–12 years of relevant experience, with most of that experience obtained in a Big Law environment

Exceptional drafting, negotiation, and project management skills

Superb business judgment and high emotional intelligence (EQ), with a collaborative and solution-oriented mindset

Self-motivated, organized, and comfortable taking the lead on complex projects

Benefits

Annual cash bonus

Equity

Company

Ready Capital

Ready Capital (NYSE: RC) is a multi-strategy real estate finance company that originates, acquires, finances and services small- to medium-sized balance commercial loans.

Founded in 2012

New York, New York, USA

501-1000 employees