Job Details

Assistant General Counsel

Company name

Organization Type

Public Interest

Job Type

Attorney

Posted on

Jul 06, 2021

Location

Newark, NJ, United States

Industry

Legal
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Profile

Assistant General Counsel

Invest Newark - Newark, New Jersey

Invest Newark is the City of Newark’s primary vehicle for promoting economic growth. Invest Newark’s mission is to stimulate job growth through expansion and redevelopment programs that encourage investment, generate prosperity, and strengthen the City’s competitive position. Invest Newark serves as an advocate to the business community by building relationships with companies that allow them to take advantage of Newark’s many opportunities. Additional information on Invest Newark can be found by visiting https://investnewark.org/

Our Diversity & Inclusion Mission is to attract, retain, and engage a diverse workforce comprised of talented people. Like the City of Newark, Invest Newark knows our strength comes from each of our connected parts, making the fabric of our organization better and stronger because or our unique employees’ talents. Invest Newark employees can expect to work as part of a highly engaged, passionate, and inclusive workforce where everyone’s contributions are valued, respected, and make an impact on one of the best and most diverse cities in the State of New Jersey.

Your Role: Invest Newark seeks an attorney with substantial experience in real estate finance, housing, and employment law to join INVEST NEWARK.

The attorney will represent INVEST NEWARK in drafting, negotiating, and structuring complex commercial and residential real estate transactions and business development transactions.

Some of the work will focus on lending and investment transactions that support the production and preservation of affordable housing.

Additional work will involve land dispositions and acquisitions, commercial lease negotiations, vendor procurement contracts, development, and joint venture partnership agreements.

Practice areas will include structuring, negotiating, and closing financial transactions for real estate and business expansion in a manner that supports stated public policy objectives and protects investments.

This attorney will thus play a critical role in stewarding public funds and addressing the City's real estate development and business expansion goals.

Day-to-day work will involve working closely with INVEST NEWARK staff and representing the corporation on all aspects of real estate business transactions, including financing or procurement documents that reflect and appropriately secure INVEST NEWARK's interests.

Prior experience working with financings that include conventional debt and equity, low-income housing tax credits, tax exempt bonds, Federal HOME and CDBG funds, and other state and local funding sources is critical to this work.

Responsibilities

  • Administer real estate and business development transactions
  • Analyze and present findings and recommendations to INVEST NEWARK’s CEO and Board of Directors in written and verbal form
  • Brief senior City officials and other State and Federal agencies on legal findings
  • Assist in the negotiation of contracts of sale, lease, and other related contracts
  • Provide advice on the legal and regulatory issues related to the structuring, marketing and
  • new real estate investment products
  • Foster and manage relationships with real estate developers, attorneys, urban planners, consultants, elected officials and community stakeholders
  • Collaborate with colleagues in other departments in INVEST NEWARK, such as the Real Estate Division and Business Development Division
  •  

Qualifications

  • Must have a Juris Doctorate degree from an accredited Law School.
  • Must be a licensed Attorney in the State of New Jersey
  • Minimum of 7 years of experience in relevant field (finance, real estate, business law, City or State agency).
  • Familiar with federal government financing programs, low income housing tax credits, new market tax credits and conventional debt and equity investment programs.
  • Experience drafting loan documents and joint venture equity investments
  • agreements)
  • General knowledge of the US regulatory framework for private funds and real estate capital markets, such as the Investment Advisers Act, the Securities Act of 1933 and ERISA is a plus.
  • General knowledge of N.J.S.A. 40-1 et seq. and 40A-1 et seq.
  • Proven strength in the use of MS Office Suite applications
  • Strong project management skills
  • Strong interpersonal skills
  • Strong written and oral communication skills, including public speaking
  • Ability to prioritize competing needs and opportunities
  • Understanding of economic development issues
  • Ability to be a self-starter who works well in a team-based environment with limited oversight
  • Demonstrated ability to work independently or lead project team on complex transactions
  • Possess a strong sense of professional judgment and ability to solve problems creatively
  • Newark residence is preferred but not required.

Job Requirements:

  • Administer real estate and business development transactions
  • Analyze and present findings and recommendations to INVEST NEWARK’s CEO and Board of Directors in written and verbal form
  • Brief senior City officials and other State and Federal agencies on legal findings
  • Assist in the negotiation of contracts of sale, lease, and other related contracts
  • Provide advice on the legal and regulatory issues related to the structuring, marketing and
  • new real estate investment products
  • Foster and manage relationships with real estate developers, attorneys, urban planners, consultants, elected officials and community stakeholders
  • Collaborate with colleagues in other departments in INVEST NEWARK, such as the Real Estate Division and Business Development Division

 

MISSION STATEMENT

Invest Newark propels the city’s strong and diverse economy, builds vibrant communities, and creates opportunities for all Newarkers.

TO ADVANCE NEWARK’S GLOBAL COMPETITIVESNESS BY GROWING A STRONG ECONOMY, BUILDING VIBRANT COMMUNITIES, AND INCREASING ECONOMIC PROSPERITY FOR ALL NEWARKERS.”

VISION STATEMENT

We are a dedicated team of expert planners, economists, and innovators who are driven to ensure all Newarkers have the resources to thrive. Invest Newark is not a typical development agency: we go above and beyond to support small and minority-owned businesses, invest in world-class internet service, and maintain an intense focus on sustainability.

“A CATALYTIC WORLD-CLASS ECONOMIC DEVELOPMENT ORGANIZATION THAT CONSISTENTLY WORKS TO PRODUCE AND SUSTAIN ECONOMIC GROWTH, GENERATE JOBS, AND CREATE WEALTH FOR THE CITIZENS OF NEWARK .”

Invest Newark is an equal opportunity employer

Company info

Invest Newark - Newark, NJ

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