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General Counsel, Real Estate

Salary
Competitive
Employment
Full Time
Real Estate Field
Location
West Hartford
 CT
Postal Code
06107
Country
United States

This job is no longer active.

Description


About Penwood Real Estate Investment Management, LLC


Penwood is an entrepreneurial real estate investment advisory group and Registered Investment Adviser focused on the institutional investor market.  The company was formed in 2003 and is headquartered in West Hartford, CT with regional offices in Princeton, NJ, and Los Angeles, CA.  Penwood provides a national real estate perspective, disciplined management process and experienced investment management.  The company is currently focused on value-added re-leasing, rehabilitation, redevelopment, and development of industrial investments. Penwood is an Equal Opportunity/Affirmative Action Employer and is committed to diversity in its workforce.


We are currently seeking a General Counsel to join the company in our Connecticut headquarters location.

 

Characteristics of the Candidate:

 

The General Counsel will work with and report directly to the company’s Chief Operating Officer.  The candidate should be self-motivated, organized, analytical, proactive, versatile, and thrive in a fast-paced and dynamic environment. 

 

Responsibilities:

 

The General Counsel will be primarily responsible for advising Penwood on its private equity real estate investments and funds, as well as its regulatory compliance and general business operations.  The primary responsibilities include:

 

  • Working closely with the acquisitions team to review and negotiate the closing documents for the company’s real estate investment acquisitions.
  • Providing legal advice to the company for institutional quality, private equity real estate fund structuring, and documentation. 
  • Hiring, managing, and working with outside counsel, as necessary, to support the company’s operational, fund, and investment legal needs.
  • Working closely with the asset management and investment teams to negotiate property management and development agreements, listings, financings, and portfolio credit facilities. 
  • Providing legal support and advice through each stage of development from the initial letter of intent through purchase, financing, development, stabilization, and sale.
  • Working closely with the asset management team to negotiate property lease terms.
  • Working closely with the asset management team to strategically dispose of assets.
  • Managing portions of Penwood’s compliance function by reviewing and updating policies and procedures and ensuring adherence to regulatory requirements.
  • Supervising company litigation, if any, to ensure the most favorable outcome available.
  • Managing and monitoring the creation, life cycle and dissolution of all subsidiary and affiliate entities for the company’s investment funds and real estate assets.

 

Required Skills:

 

  • A passion for real estate investment.
  • Juris Doctorate and membership in good standing in the Connecticut state bar.
  • Minimum of seven years of relevant experience working as a lawyer in a law firm and/or in-house legal department with an emphasis on commercial real estate law.
  • Experience with asset purchases and sales.
  • Experience in representing private equity real estate funds on legal structuring, governance, and compliance.
  • An understanding of real estate joint venture transactions, capital accounts, and financial relationships between investors.
  • An understanding of limited liability company and partnership organizational structures and governance.
  • An awareness of current economic trends, laws, and regulations impacting the investment activities of institutional investors.
  • Excellent written and verbal communication skills.
  • Very strong organizational, analytical and problem-solving skills.
  • Ability to work seamlessly on multiple projects and tasks.
  • Team-oriented with a willingness to perform tasks outside his or her job description.
  • Ability to meet deadlines.
  • Self-motivated and energetic.
  • Demonstrated ability to work independently in a fast-paced environment.
  • Able to anticipate and respond effectively to client's needs and actively assist by practicing preventative law.
  • Demonstrated ability to coordinate the services of numerous transaction parties.
  • Superior academic credentials.
  • A strong work ethic and customer-service mentality.
  • The ability to work in an environment that emphasizes information sharing, collaboration, teamwork, mutual respect and integrity.

 

Compensation: Penwood offers a competitive base salary with bonus based on the experience and capabilities of the candidate. The company offers a comprehensive benefits program.

Newly hired employees must cease all outside law practice before joining Penwood.

 

Any applicant selected for this position will be required to submit to an extensive background screening, drug screening, and a credit check. Failure to comply will eliminate an applicant from consideration for this position. Any negative information obtained as a result of the background screening may result in the disqualification of the applicant from this and any other position in Penwood.  All candidates must be authorized to work in the United States. 

Job Function


 

Job Sector


 

Experience


7+ to 10 years


This job is no longer active.

Legal / Transactions Industrial West Hartford Full Time CT Legal General Counsel, Real Estate other