Our client is a Washington, DC–based, SEC‑registered, internally managed fixed‑income investment firm focused on high‑quality credit securities, primarily multifamily mortgage‑backed securities. The firm serves institutional investors including union and public employee pension plans and labor organizations. With more than 30 years of experience, the organization has a strong track record of delivering competitive, risk‑adjusted returns. In addition to its core investment objective, the firm is a recognized leader in impact investing, seeking to generate measurable social outcomes. Its strategy supports the development of affordable housing while promoting employment opportunities in union construction trades and related industries.

Position: Investments and Transactional Counsel

The Investments and Transactional Counsel will play critical role in all stages of investments and transactions (General Transactions; Trade Authorization and Execution; Asset Modification / Project Management; Special Transactions and Initiatives; and, New Market Tax Credit allocations).

Reporting to General Counsel, Counsel will assists with general corporate matters, such as: review and negotiate contracts and confidentiality agreements; assist with securities, compliance and litigation matters; and, contribute to other special projects.

Sample assignments:

Determine eligibility of investment product and terms pre-investment. Assist internal investment group in resolving deal-specific issues with third parties and external transactional counsel.
Monitor and coordinate outside counsel representation on various real estate transactions; update and advise multifamily staff on legal matters.
Manage and draft transaction documents, including those related to direct loans, equity bridge loans, Government Sponsored Entity security purchases, and state/city housing agency bonds. Negotiate and memorialize investment terms as deals flow through commitment, rate-lock, final commitment and pay-off; advise on deal-related terms and inquiries.
Review and advise on direct loan draw requests in coordination with the firm’s asset management group. Participate on Investment Committee and review and approve proposed investments in internally originated assets.
Field legal issues arising on real estate transactions after closing, including amendments, fee extensions, defaults, consents, waivers, and co-lender relations, among other Negotiate and draft term revisions / side letters as needed; resolve deal issues as they arise.
Oversee records management function to ensure proper preservation of deal
Support subsidiary Community Development Entity with New Markets Tax Credit transactions, corporate processes, contracts, project monitoring and other compliance issues.

Qualifications:

BS/BA and JD

Minimum of 10 years of legal experience in multifamily real estate finance transactions with a law firm or corporate law department, including responsibility for negotiating and closing real estate finance transactions.
Knowledge of customary legal relationships, legal issues, and closing practices required for multifamily finance transactions.
Familiarity with common real estate lender-borrow issues and the ability to negotiate resolution of same
Experience with Agency/secondary multifamily mortgage market/commercial mortgage-backed

Compensation: 200-300K cash compensation
Benefits package includes:
Fully paid Medical, Dental and Vision insurance for employee and family
Pension Plan
401K
Parental Leave
Tuition Reimbursement
Commuter Benefits
Flex and Dependent Care Spending