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Senior associate

London
Herbert Smith Freehills Kramer
Posted: 20 July
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* Real estate finance partners (Simon Chadney and Chris Mann)
* Reporting staff - Nil but responsible, collectively with the team, for supervision and development of junior associates and trainees

Practice group/team

* Our real estate finance team operates at the highest end of the market regularly acting for lenders and sponsors on investment and development finance in the UK and across Europe. The team also regularly advises on secured senior/mezzanine financings, investment grade borrowing and REO/NPL transactions.
* We are a two-partner team currently with 12 associates and three trainees.
* The team is ranked in the top 2 bands by both Legal 500 and Chambers and acts on many of the leading participants in our market on their most sophisticated transactions.
* We work closely with our market leading (13 partner) Real Estate team and with our finance and real estate colleagues across our European network.
* We have a well-balanced practice. It varies year on year but broadly about 70% of our work is lender side.
* Advising Standard Chartered Bank and syndicate on the £600m financing for Greystar and ADIA to fund the development of 1600+ homes in Bermondsey; one of the most complex and largest development financings in the UK market in the last 12 months.
* Advising Morgan Stanley on the financing for GIC and a local JV partner on its acquisition of a PBSA platform in Spain.
* Advising Cain International on the financing of the development of a 450+ unit flexible living asset in Madrid for Greystar.
* Advising Dundrum Retail GP - a joint venture between Hammerson and Allianz/PIMCO - on the €350m refinancing of Dundrum Shopping Centre, Dublin with Rothesay, BNPP and Deka.
* Advising PIMCO as lender on a series of development financings for Advanced Research Clusters (ARC) in London and Oxford.
* Advising British Land on their new £700m+ revolving credit facility.

Primary objectives:

* Deliver excellent client service and manage and deliver leading real estate finance transactions.
* Make an effective contribution to the business by aiming to meet and exceed target hours.
* Strengthen relationships with clients, acting as a direct point of contact on transactions and in client relationships.
* Be involved in building and growing the business.
* Be responsible for management and delegation of work to and support of junior colleagues.

Key responsibilities:

* This role will entail a broad range of transactional real estate finance work, acting for both lender and borrower clients often with a cross-border component.
* Act as lead lawyer on transactions, where appropriate; delegating and managing juniors and coordinating with the supervising partner and other team members. Advise clients and offer solutions on difficult technical issues. Manage transactions profitably and coordinate WIP and billing processes with the supervising partner as appropriate.
* Manage, develop and strengthen client relationships through anticipating client needs and expectations; and provide prompt responses and updates on progress.
* Support the firm and other team members - establish effective relationships with individuals and groups, across the global network; uphold the firm's values; contribute to the firm's initiatives (eg corporate social responsibility and diversity and inclusion activities); mentor and support juniors and trainees; raise profile by being involved with external bodies and supporting and attending marketing/industry events; and assist with internal training and development.
* Comply with risk requirements, firm policies and all relevant professional responsibilities and legislation and contribute to billing, engagement and client acceptance processes.


Qualifications, skills and experience:

* Qualified/admitted legal practitioner in relevant jurisdiction.
* Senior associate with strong post-qualification experience in real estate finance, gained in a comparable environment.
* Strong foundation legal skills, including drafting, writing, negotiation and project management.
* Familiar with law firm profitability and key drivers for financial efficiency.
* Good understanding of the client sectors and products relevant to the real estate finance market.


Seniority level

* Seniority level

Mid-Senior level


Employment type

* Employment type

Full-time


Job function

* Job function

Legal
* Industries

Legal Services

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