Associate General Multifamily Real Estate

SOMERSET STAFFING

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profile Job Location:

McLean, MD - USA

profile Monthly Salary: Not Disclosed
Posted on: 8 days ago
Vacancies: 1 Vacancy

Job Summary

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
Job Description:Industry: Financial Services - MortgageJob Category: Legal - AttorneyPosition 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 tha...
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