Attorney - Multifamily Capital Markets

BGC Partners
Bethesda, MD
Aug 04, 2022
Aug 15, 2022
Full Time
About Newmark (Nasdaq: NMRK): Newmark Group, Inc., together with its subsidiaries ("Newmark"), is a world leader in commercial real estate services, with a comprehensive suite of investor/owner and occupier services and products. Our integrated platform seamlessly powers every phase of owning or occupying a property. Our services are tailored to every type of client, from owners to occupiers, investors to founders, growing startups to leading companies. Harnessing the power of data, technology, and industry expertise, we bring ingenuity to every exchange, and imagination to every space. Together with London-based partner Knight Frank and independently owned offices, our 18,800 professionals operate from approximately 500 offices around the world, delivering a global perspective and a nimble approach. In 2019, Newmark generated revenues in excess of $2.2 billion. To learn more, visit or follow @newmark . Newmark's Multifamily Capital Markets team offers a fully integrated global investment sales and lending platform. From marketing the sale of single assets and portfolios to structuring complex debt solutions to providing life-of-loan servicing and asset management, we offer comprehensive services tailored to our clients' unique needs. With over $37 billion in multifamily transaction volume annually, our Multifamily team works collaboratively with clients to craft and execute targeted strategies, effectively optimizing the capital structure, increasing efficiency and maximizing value. The Investment Sales team is recognized nationwide for its expertise, providing asset-specific customization that yields highly effective transaction strategies. Tapping into our proprietary database, each advisor has real-time access to unique market intelligence, driving demand and matching each client's assets to a diverse group of investors, from private and institutional owners to global investors. Investment Sales advisors work closely with the Debt & Structured Finance team on loan origination, underwriting, closing, life-of-loan servicing and asset management. This experienced team provides clients with innovative and comprehensive solutions by accessing a full suite of debt products, including Fannie Mae, Freddie Mac, FHA, Bridge, Life Company, Bank and CMBS products. Job Summary: Serve as lead legal counsel for Newmark's Multifamily Capital Markets business and provide legal advice to internal clients on a broad range of legal matters. The preferred location for this position is Bethesda, MD but other locations will be considered. Essential Job Duties: Provide legal guidance related to the production, underwriting, closing, servicing, asset management and special servicing operations for matters (ie the purchase of multifamily loans, including negotiation of contracts/commitments for the purchase of loans and the terms of loans documents, securitization of mortgages, loan workouts, etc.) Collaborate with legal teams to ensure consistency of legal advice and negotiating positions Partner with the business units in managing all licensing, compliance, insurance renewals, and regulatory filings Prepare/negotiate contracts and agreements (eg broker and correspondent agreements, originator contracts, master and subservicing agreements, partnering agreements, etc.) Ensure corporate governance responsibilities are carried out including, but not limited to maintenance of company records, signature authorities, legal entity filings, etc. Manage outside counsel, including in transactional, corporate, and litigation matters May perform other duties as assigned Qualifications: Minimum of seven years of legal experience Juris Doctor (JD) degree; membership in good standing in a state Bar Experience in commercial real estate finance with a law firm or corporate law department, including primary responsibility for negotiating and closing transactions (both individual loans and pools of loans); Familiarity with common commercial real estate lender-borrower issues and ability to quickly negotiate resolution of the same Ability to create and maintain strong collaborative relationships with clients Ability to develop and maintain cooperative internal and external relationships Ability to work comfortably and routinely as part of a team and to collaborate across organizational boundaries Ability to organize and prioritize multiple pending matters Experience with Microsoft Word, Outlook and Excel Preferred Skills: Knowledge of the customary legal relationships, legal issues, and closing practices required with purchases of multifamily mortgages by investors and securitization of commercial real estate mortgages Familiarity with master servicing and special servicing issues Experience with structured finance transactions Agency/secondary mortgage market multifamily loan origination experience Benefits and Perks: Industry leading Parental Leave Policy (up to 16 weeks) Generous healthcare Bright Horizons back-up care program Generous paid time off Education reimbursement Referral Program Opportunities to network and connect within the industry Working Conditions: Normal working conditions with the absence of disagreeable elements. Note: The statements herein are intended to describe the general nature and level of work being performed by employees, and are not to be construed as an exhaustive list of responsibilities, duties, and skills required of personnel so classified. Newmark is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex including sexual orientation and gender identity, national origin, disability, protected Veteran Status, or any other characteristic protected by applicable federal, state, or local law.

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