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

Mnh5aFhja1IvbTlKUUNqRjBjRmdOTlZsYmc9PQ==
  • 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

Cash-Wa

Food Industry Sales Consultant - Sturgis, SD Job at Cash-Wa

 ...Join the CWD sales team as a District Sales Consultant! This sales opportunity is within our industry leading sales division, which offers...  ...and solutions to meet the needs of customers across the entire food service, retail, and hospitality industry. After completing an... 

Domino's Franchise

Delivery Driver - 99 Westedge St Suite Job at Domino's Franchise

 ...with us or justearning some extra cash! Job Description Looking to make some extra cash in your spare time? Tried the food deliveryor rideshare gigs but tired of them taking most of the money? Come work for Dominos! We pioneered food delivery and in the past... 

Community Health Centers of Greater Dayton

Psychiatric Nurse Practitioner Job at Community Health Centers of Greater Dayton

 ...This position will provide comprehensive psychiatric evaluation and medication management...  ...Registration Masters or Doctorate Degree in Nursing with focus on Psychiatric nursing...  ...demands of position Ability to travel between locations independently as needed... 

Radical Renovations LLC

Cabinet/Trim Installer Job at Radical Renovations LLC

 ...Looking for an experienced Cabinet/ Trim Installer for our ever-enlarging carpentry company. Work is in the Bucks, Montgomery, Philadelphia, and Delaware County regions. Benefits: ~ The position comes with PTO ~401K ~ health, life, dental, and vision~ benefits... 

LSG Sky Chefs

Account Supervisor - Airline Catering Job at LSG Sky Chefs

 ...Job Title: Account Supervisor - Airline Catering Job Location: Santa Ana-USA-92626 Work Location Type: On-Site Salary Range: $75,000.00 - 85,000.00 About us LSG Sky Chefs is one of the worlds largest airline catering and hospitality providers, known...