Senior Director, Transaction Counsel

Greystar Worldwide, LLC • $250K — $275K *
New York, NY 10025In-Person
Legal & Accounting
8 - 10 years of experience
Today
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Job Overview by Ladders

Qualifications

  • 10+ years of experience in law, preferably with lenders, REITs, or commercial real estate firms
  • Expertise in real estate loan documentation, including senior mortgages and mezzanine structures
  • Law degree from an accredited institution and bar admission in good standing
  • Strong attention to detail and multitasking abilities
  • Exceptional verbal and written communication skills

Responsibilities

  • Advise origination teams on legal transaction risks during negotiations
  • Manage the loan closing process, ensuring timely closures and document reviews
  • Oversee post-closing activities, including assignment and eligibility document reviews
  • Coordinate legal aspects of collateralized loan obligations (CLO)
  • Partner with asset management on post-closing workout and enforcement issues
  • Mentor junior team members on legal matters

Benefits

  • Competitive medical, dental, vision, and life insurance benefits
  • Generous paid time off including 15 vacation days, 4 personal days, and 10 sick days
  • Onsite housing discount at Greystar-managed properties
  • 6-week paid sabbatical after 10 years of service
  • 401(k) plan with a company match up to 6%
  • Paid parental leave and fertility benefits reimbursement up to $10,000
  • Employee assistance program and additional insurance options
Full Job Description
JOB DESCRIPTION SUMMARY
Greystar is seeking an experienced Senior Director, Transaction Counsel to support its credit origination business. This attorney will serve as a key part of our origination and capital markets teams, supporting the origination, structuring, negotiation and closing of complex real estate debt transactions. Greystar is a global investment manager with ~$78B of AUM.

JOB DESCRIPTION

Transaction Support
  • Advise the origination teams on legal transaction risk in the negotiation of term sheets, loan documents, and modifications, in consultation with external legal counsel.
  • Help manage the loan closing process to close loans in a timely manner, including coordinating closing checklist calls and reviewing title commitments, land surveys, environmental reports, zoning reports, and organizational documents.
  • Support the post-closing and leverage process, including reviewing assignment documents, eligibility representations, and bailee, transmittal, and trust receipt documents.
  • Manage legal coordination to close collateralized loan obligations (CLO), including coordinating note splits or participations, reviewing collateral eligibility representations, and monitoring compliance with applicable credit facility requirements.
  • Coordinate entity formation with Greystar investment and corporate legal teams and external counsel.


Cross Functional Collaboration
  • Partner with asset management and external servicers on post-closing matters, including any workout and enforcement matters.
  • Provide guidance and mentorship to junior team members on legal matters.


Knowledge & Qualifications
  • 10+ years of experience at a law firm or in-house with a lender, REIT or commercial real estate (CRE) investment firm focused on credit transactions.
  • Intimate knowledge of CRE loan documentation with a command of senior mortgages, construction loans, warehouse lines, B-notes, and mezzanine and preferred equity structures.
  • Law degree from an accredited law school and bar admission in good standing.


Core Competencies
  • Superb attention to detail and ability to handle multiple tasks simultaneously.
  • Business-oriented mindset and ability to deliver practical and deal-focused legal advice.
  • Exceptional verbal and written communication skills in a deadline-oriented environment.
  • Advanced structuring and negotiating experience in the context of complex real estate debt transactions.
  • Superior judgment and ethical practices.
  • Excellent transaction management skills and evidenced ability to take initiative in the area(s) of focus in order to drive transactions to completion.
  • Collaborative team player with strong interpersonal skills.


#LI-KD1

The salary range is $250,000 - $275,000.

Bonus typically 50 - 60% for this role.

Additional Compensation:

Many factors go into determining employee pay within the posted range including business requirements, prior experience, current skills and geographical location.
  • Corporate Positions: In addition to the base salary, this role may be eligible to participate in a quarterly or annual bonus program based on individual and company performance.
  • Onsite Property Positions: In addition to the base salary, this role may be eligible to participate in weekly, monthly, and/or quarterly bonus programs.


Robust Benefits Offered*:
  • Competitive Medical, Dental, Vision, and Disability & Life insurance benefits. Low (free basic) employee Medical costs for employee-only coverage; costs discounted after 3 and 5 years of service.
  • Generous Paid Time off. All new hires start with 15 days of vacation, 4 personal days, 10 sick days, and 11 paid holidays. Plus your birthday off after 1 year of service! Additional vacation accrued with tenure.
  • For onsite team members, onsite housing discount at Greystar-managed communities are available subject to discount and unit availability.
  • 6-Week Paid Sabbatical after 10 years of service (and every 5 years thereafter).
  • 401(k) with Company Match up to 6% of pay after 6 months of service.
  • Paid Parental Leave and lifetime Fertility Benefit reimbursement up to $10,000 (includes adoption or surrogacy).
  • Employee Assistance Program.
  • Critical Illness, Accident, Hospital Indemnity, Pet Insurance and Legal Plans.
  • Charitable giving program and benefits.


*Benefits offered for full-time employees. For Union and Prevailing Wage roles, compensation and benefits may vary from the listed information above due to Collective Bargaining Agreements and/or local governing authority.

About Greystar Worldwide, LLC

Greystar Worldwide, LLC Careers

Joining Greystar Worldwide, LLC presents an unparalleled opportunity to become part of a leading team of professionals dedicated to pioneering innovations in the global marketplace. Greystar Worldwide, LLC stands as a beacon of career growth and professional development, offering a plethora of job opportunities across various sectors.

Explore Career Opportunities

Greystar Worldwide, LLC invites talented individuals to explore its diverse range of job opportunities. From internships that provide a solid foundation for future leaders to full-time positions that challenge and expand professional skills, Greystar Worldwide, LLC is a hub for career advancement.

Innovation and Leadership

At Greystar Worldwide, LLC, innovation intersects with leadership, driving the company to new heights in industry standards and operational excellence. Employees are encouraged to lead projects that set benchmarks in technology and service, fostering a culture of continuous improvement and creative problem-solving.

Diversity and Inclusion

With a commitment to diversity and inclusion, Greystar Worldwide, LLC ensures that all team members receive diversity training, promoting an environment where everyone’s contributions are valued. This approach not only enhances team dynamics but also contributes to the company’s robust problem-solving capabilities.

Professional Growth and Development

Career growth at Greystar Worldwide, LLC is not just a possibility—it is a priority. The company supports its employees with unmatched training programs, leadership development courses, and opportunities for networking and professional growth. This commitment ensures that every team member can reach their full potential.

Benefits and Culture

Greystar Worldwide, LLC is renowned for its vibrant culture and comprehensive benefits package designed to support the well-being and financial security of every team member. Employment at Greystar Worldwide, LLC means access to health benefits, retirement plans, and wellness programs that together create a supportive and positive workplace.

Join the Greystar Worldwide, LLC Team

Greystar Worldwide, LLC is actively hiring and looking for individuals who are passionate, curious, and driven to excel. Candidates interested in applying are encouraged to submit their resume and prepare for an interview process that values insight, experience, and a readiness to contribute to a dynamic team.

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Greystar Worldwide, LLC is not just a company—it is a place where careers are made, skills are honed, and professional achievements are recognized and celebrated. Join Greystar Worldwide, LLC to be part of a team that is shaping the future through innovation, leadership, and a commitment to excellence.
Learn more about Greystar Worldwide, LLC
Industry
Real Estate & Construction
* Ladders Estimates

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