Senior Associate Attorney - Real Estate
Severna Park, MD
Due to continued firm growth, this is a newly opened Senior Associate Attorney opportunity within a leading full service business and real estate law firm for their growing Real Estate transaction practice. This is an unique opportunity for an entrepreneurial early to mid-level attorney to join a team known for their expertise as well as excellent work culture. Based in the firm's newly opened corporate office in the Severna Park, MD area, the Senior Associate Attorney role will offer a compensation package in the $150,000 to $170,000 range including an annual bonus, performance bonus, and excellent firm paid benefits & incentives, as well as profit-sharing equity programs. Ideal candidates will have 2 or more years of relevant real estate law experience including experience with either commercial real estate leases and/or transactional experience highlighted below. This will not require bringing an established book of business nor business development however will offer excellent compensation commission for client origination. This is an in office team oriented position with possible hybrid work from home flexibility and excellent work-life balance.
Senior Associate Attorney Job Description
- Represent the firm and provide expert legal guidance on a variety of real estate matters including zoning/land use, real estate development, real estate transactions, drafting/negotiating agreements of sale, settlements, title issues, litigation, easements, boundary line, co-owner disputes, foreclosure, and condemnations/eminent domain.
- Negotiate, draft and review commercial leases. Negotiate, draft and review real estate development agreements and easements agreements
- Provide legal advice related to land acquisition and development, including drafting contracts and related documents, commercial real estate loan transactions representing both lenders and borrowers, commercial office and retail leasing representing both landlords and tenants, and real estate development.
- Draft, negotiate, and support closing of complex land/lot transactions
- Manage and effectuate closings for asset and equity-based transactions
- Oversee preparation of information, proforma financial analysis, risk mitigation measures, negotiations, and purchase agreements and conclusions for underwriting packages.
- Prepare, review, and negotiate letters of intent, agreements and other related legal documents in accordance with client company policy and procedures.
- Develop in depth familiarity with zoning boards, public hearings, and ordinances; have a clear understanding of the relevant land use laws and regulations;
- Prepare, collect, analyze market data and provide legal opinion on property details, valuations, inspections, and information on local real estate and business practices in advance of all proposed transactions; and prepare action and information memoranda
- Communicate effectively and strategically with local and municipal officials through appropriate communication channels to ensure the appropriate zoning is achieved or that waivers and variances are obtained where needed; recommends appropriate actions and follows up to ensure that authorized proposals are properly implemented
- Develop expertise with local market and land knowledge, real estate pipeline, and search for current and future land purchase deals using a variety of methods to assist clients with meeting their business planning goals
- Establish and maintain trusted relationships with network of industry contacts including land brokers, land developers, investors, landowners, other homebuilders in respective areas of operation.
- Commit to continuous improvement and identification and implementation of best practices for client land acquisition. Work with the client and internal firm leadership to implement land policy for the department and design action plans to achieve desired results.
Required experience/Skills:
- 3-10 years relevant real estate development and transactional law (e.g., real estate transactions, urban redevelopment, land use) experience as an attorney, with a focus on development and acquisitions.
- Juris Doctor degree from an ABA-accredited law school and licensed to practice in the state of Maryland
- Experience with local region real estate transactions including knowledge of local municipal law
- Ability to translate market data into community concepts and provide thoughtful risk assessments on market viability, construction costs and building rights.
- Entrepreneurial and hands-on with a strong work ethic and excellent communication and relationship development skills
- Processes the ability to analyze problems, propose alternatives, and recommend solutions, along with the ability to research complex issues and prepare memoranda and correspondence; and have experience working effectively with multiple competing deadlines and interests among various parties.