Associate General Multifamily Real Estate Job at SOMERSET STAFFING, McLean, VA

aVdnK3p0eDIrWFk2ejJuWWErT1A4bUJSMkE9PQ==
  • SOMERSET STAFFING
  • McLean, VA

Job Description

Job Description:

Industry: Financial Services - Mortgage

Job Category: Legal - Attorney

Position Overview:

Join Freddie Mac s Multifamily Real Estate Department as an Associate General Counsel! In this dynamic role, you ll deliver expert legal guidance on a wide range of transactions and projects that drive our business forward.

We re looking for a talented attorney with commercial real estate finance experience who thrives in a fast-paced, collaborative team!

Our Impact:

Legal Multifamily Real Estate is critical to the Division s success in carrying out its mission to provide liquidity, stability, and affordability for the nation s rental housing market. We support this important mission through a broad range of legal work, including loan production, underwriting, and related activities; structured transactions; securitization ; asset management and operation matters; and asset resolution.

Your Impact:

Transactions :

Serve as legal counsel, independently and/or assisting or collaborating with other attorneys, for Freddie Mac s purchase and/or servicing of multifamily loans. This may include:

  • negotiating contracts/commitments, loan documents, and other transaction documents

  • reviewing and analyzing legal issues in connection with loan purchases, servicing transactions and other multifamily asset management and operational matters

  • due diligence of real estate matters in connection with structured transactions or securitization

  • coordination and management of outside counsel

  • support multifamily client on coordination with regulatory and governmental affairs, including interaction with FHFA and congressional inquiries

  • collaboration with peers across the legal division

Non-Transactional Matters:
  • Initiatives and product improvements and development

  • loan documents and forms, Guide updates and credit policy

  • costing and pricing matters

  • lender approvals and other counterparty matters

  • multifamily research, marketing, and communications

  • risk management strategies for all aspects of the multifamily business

  • improvements to both legal and non-legal processes to increase efficiency and reduce costs across the multifamily business

Communication and Collaboration:
  • Training multifamily client and peers on matters relating to multifamily loans and securities

  • Collaborating with peers to ensure consistency of legal advice and negotiating positions.

  • Creating and maintaining effective relationships with business clients, with lenders from whom Freddie Mac buys multifamily mortgages and who service those mortgages, and with lawyers for those lenders.

  • Drafting well-structured, complete and concise correspondence, legal analyses and documents for internal and external purposes.

Qualifications:
  • Juris Doctor (JD) degree

  • Membership in good standing in a state Bar

  • Minimum 10 years of legal experience in commercial and/or multifamily real estate finance transactions with a law firm or corporate law department, including responsibility for negotiating and closing real estate finance transactions

  • Strong legal analytical and writing skills

  • Knowledge of the customary legal relationships, legal issues, and closing practices required for commercial and/or multifamily real estate transactions

  • Familiarity with common commercial real estate lender-borrower issues and the ability to negotiate resolution of the same

  • Experience with Agency/secondary multifamily mortgage market/commercial mortgage-backed securities (CMBS)

  • Demonstrated general knowledge of AI tools and technologies, with a strong commitment to continuous learning and staying up-to-date with advancements in artificial intelligence

Keys to Success in this Role:
  • Ability to work comfortably and routinely as part of a team and to collaborate across organizational boundaries

  • Ability to organize and prioritize multiple pending time-sensitive matters

  • Ability to build and maintain strong collaborative relationships with colleagues, clients, and customers

Security Clearance Required: No

Visa Candidate Considered: No

Compensation

Base Salary - USD $231,000 to $347,000

*** Never repost ***

Full-time

Benefits - Full

Relocation Assistance Available - Possible for ideal candidate

Commission Compensation - No

Bonus Eligible - Yes

Overtime Eligible - No

Interview Travel Reimbursed - No

Candidate Details

10+ to 15 years experience

Seniority Level - Mid-Senior

Management Experience Required - No

Minimum Education - Juris Doctor

Willingness to Travel - Never

Job Tags

Full time, Relocation package

Similar Jobs

The Semler Agency

Work From Home Sales Role (Guided Training Included) Job at The Semler Agency

 ...We are hiring for a work-from-home sales role with guided training included . This position allows you to work remotely while learning how to assist families with life insurance protection. This role is ideal for someone who: Wants to work from home Is open... 

Bullock Protection LLC

Armed Security Officer Job at Bullock Protection LLC

 ...Job Posting: Armed Security Officer Bullock Protection LLC Job Description Bullock Protection LLC, a leader in private security...  ...effectively. Availability to work in shifts, including nights, weekends, and public holidays. A clean criminal record, demonstrating... 

Universal Energy Solutions

Junior Account Manager - College Park, MD Job at Universal Energy Solutions

 ...Ability to work independently and as part of a team Highly organized and detail-oriented We are open to considering recent graduates or individuals with a passion for account management and energy solutions Benefits ~ Rapid advancement opportunities... 

Pilot Company

Taco Bell Cashier Job at Pilot Company

 ...guests journey a great one! Also, there are a number of opportunities to work in other roles within our travel centers and restaurants so while we may be hiring for a specific role, we always look to train and offer experience for other roles we have. We hope your... 

Simple Solutions

Mid Level SAP BASIS Consultants - Remote Job at Simple Solutions

 ...Mid-Level SAP BASIS Consultant - Remote As a SAP BASIS Consultant, you will be a key player in the consulting team that helps support the end client's SAP System for BASIS and Security functionality of the SAP HANA System with the Global Team on this project. knowledge...