Associate Counsel

4 weeks ago

Saratoga Springs, New York, United States Prime Group Holdings, LLC Full time

Prime Group Holdings, LLC, a vertically-integrated private equity real estate firm focused on self storage and other alternative real estate asset classes, has an exciting opportunity for a talented Associate Counsel to join its team in Saratoga Springs, NY.

With $6.6 billion in assets under management, Prime Group is one of the largest private owners and operators of self-storage properties in the world, owning and operating over 310 self-storage assets in 28 states, two Canadian provinces and the U.S. Virgin Islands containing over 23 million rentable square feet. The firm manages three flagship funds on behalf of a global investor base, including the largest self-storage dedicated fund ever raised, Prime Storage Fund III.

Headquartered in Saratoga Springs, NY, Prime Group has more than 700 employees. The firm has a regional office in Jupiter, FL and investment originations offices in Denver, CO, Hackensack, NJ, Yorktown, VA and Calgary, Alberta. Prime Group's 21-person senior leadership team is supported by teams including sourcing and acquisitions, asset and portfolio management, compliance/legal, property management, information technology, transactions/financing, marketing, accounting and training, among others.

Prime Group's success is built on a culture of respect, teamwork, business ethics, accountability and persistence. The company deeply values the strong relationships it has built with its customers, employees, investors and stakeholders. Pitchbook, a leading resource for comprehensive data, research and insights spanning the global capital markets, named Prime Group as one of the top 10 real estate value-add fund managers in Pitchbook's 2023 Global Manager Performance Score League Tables.

Job Overview

The Associate Counsel is primarily responsible for drafting and/or reviewing commercial agreements, policies and procedures, reviewing marketing materials, providing day-to-day legal and compliance support for assets managed by Prime Group Holdings, conducting legal research and assisting with real estate acquisitions and financings. The Associate Counsel will have at least four years of corporate legal experience working in a law firm or in-house position. Real estate experience is preferred but not required. The Associate Counsel reports to the Executive Vice President and Senior Counsel. For the right candidate, the position can be hybrid with an in-office requirement of two weeks per month.

Essential Responsibilities

  • Providing advice to internal stakeholders regarding legal obligations and risks related to business matters, new initiatives or offerings, particularly with respect to applicable contractual, statutory or regulatory requirements
  • Drafting, reviewing and/or negotiating a broad range of agreements with vendors, customers and other third parties
  • Reviewing and advising regarding marketing materials
  • Completing various legal research projects and related legal analyses
  • Monitoring for developments in applicable legislation, regulation and industry standards
  • Providing day-to-day legal and/or compliance support for assets managed by Prime Group Holdings
  • Other duties as assigned by the Chief Commercial Officer and Chief Compliance Officer and Executive Vice President and Senior Counsel

Qualifications

  • J.D. from an accredited law school with at least 4 years of experience as a practicing attorney, preferably with a focus on corporate and transactional matters.
  • Admission to the bar in at least one U.S. state and the ability to practice law in the State of New York
  • Experience in real estate transactions and management is preferred but not required.
  • Ability to work independently.
  • Significant experience in drafting and negotiating contracts
  • Excellent verbal and written communication skills
  • Excellent organizational skills and attention to detail
  • Strong project management, communication and analytical skills
  • Proficient with Microsoft Office and LexisNexis
  • Track record of establishing solid relationships, polished and highly personable
  • Demonstrated ability to work in a fast paced, entrepreneurial-minded environment

Equal Opportunity Employer Statement

Prime Group Holdings is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity and/or expression, status as a veteran, and basis of disability or any other federal, state or local protected class.

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