Attorney - Commerical Real Estate Lending (contract)
7 days ago
Our client, a law firm located in Midtown Manhattan seeks a contract attorney with several years of commercial real estate/commercial lending experience to assist with drafting commercial loan documents including mezzanine loans, construction loans and bridge loans in addition to intercreditor or participation agreements.
Competitive rate starting at $90 -125hr (negotiable). This assignment is expected to run 2 + months. New York Bar Admission required.
Responsibilities:
Represent institutional lenders in financing commercial, residential and mixed-use properties, from inception to closing.
- Draft commercial loan documents. Experience with mezzanine, construction, balance sheet, and bridge loans in addition to intercreditor or participation agreements.
- Perform review of organizational documents on borrowing entities.
- Review commitment letters, term sheets, fee letters, credit agreements and ancillary loan documents.
- Review commercial leases.
- Oversee Real Estate secured finance transactions, workouts, and restructurings.
- Handled assignment of existing mortgages for CEMA transactions
- Review title reports, surveys, and oversee title clearance.
- Handle lending and debt finance related to property acquisition leveraged buyouts, recapitalizations, refinancing, and other transactions.
Qualifications:
Experience working on loans in excess of 100 million dollars. Several years of experience working on commercial loan documents. Strong analytical, organizational, and prioritization abilities, along with effective communication skills for client interactions, are essential. Hands on skills needed with Microsoft 365.
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