Real Estate Finance Senior Associate

Finance, Projects & Restructuring

Job Reference

2100007C

Function

Finance, Projects & Restructuring

Category

Lawyers

Location

London, United Kingdom

Schedule

Full-time

The role

Our Ambition. Your journey.    DLA Piper understands that you're building a future and our priority is supporting you reach the full potential of your own personal career ambitions.    Our international Real Estate Finance team manages high profile and high value transactions globally. We provide innovate solutions to our clients on all stages of their real estate transactions.    By joining one of the largest teams of dedicated finance lawyers in the world, you will receive support from Partners devoted to developing and achieving your goals. Candidates will enjoy a uniquely dynamic range of work, acting for borrowers and creditors at all levels of the capital structure.    So bring your ambition, initiative and entrepreneurial mind-set to a global business that's redefining the expectations of a law firm.    THE OPPORTUNITY   Our global Real Estate Finance (REF) team has a proven track record of advising both lenders and borrowers in finance transactions throughout the real estate industry. Clients know they can rely on us at all stages of their real estate transactions, from the term sheet and structuring stage, through closing, tranching, syndication and securitisation, administration, servicing and, if required, restructuring.    In recent years investors and lenders have increasingly combined traditional financing tools and created alternative finance structures, and we have developed a broad approach to meet the changing needs of the market.
  • Internationally recognised for our representation lenders and borrowers in complex structured finance transactions
  • Providing a cross border service through our global network of offices
  • Representing lenders and investors in all financing elements relating to the acquisition, sale, and development, classes of real estate including commercial, industrial, retail, hotel, residential, care facilities and student accommodation
  • Fund representation includes all real estate investment strategies in terms of both business strategy and asset type, including core, value-added and opportunity funds, as well as property sector-specific funds, mezzanine loan funds, real estate securities hedge funds and funds that focus on structured finance products 
  • One of the preeminent law firms in the REIT and real estate securities industry. Our tax practitioners are familiar with all aspects of REIT taxation, including the use of operating partnerships in UPREIT structures, long-term incentive plans (LTIPs) and the pension-held REIT rules
The REF team has completed a number of high profile and high value transactions over the last two years including a £1bn financing of a multi-jurisdictional portfolio and the development financing of the new Tottenham stadium, so we can offer the right candidate the best type of real estate finance transactions.   MAIN DUTIES AND RESPONSIBILITIES   Responsibilities will include, but not be limited to: 
  • Representing lenders and borrowers in complex structured finance transactions
  • Advising on cross border services
  • Representing lenders and investors in all financing elements relating to the acquisition, sale, and development, classes of real estate including commercial, industrial, retail, hotel, residential, care facilities and student accommodation
ABOUT YOU   We do not set upper or lower limits of PQE for any of our vacancies. We have however given an indicative PQE as an approximate guide for applicants. Candidates who have between 5 and 8 years' PQE are likely to have the right level of knowledge and have gained the right level of experience needed to be able to successfully undertake this role.   The ideal candidate will: 
  • Solicitor or Barrister, ideally qualified in England & Wales or a Commonwealth jurisdiction
  • Be an experienced REF lawyer
  • Demonstrate strong technical skills in finance work, with an international awareness and focus to their work
  • Have a working knowledge of real estate
  • Knowledge of drafting Loan Market Association debt facility agreements to be able to produce a first draft from a term sheet and require minimal input from the supervising partner other than to discuss and review headline issues
  • Take the lead associate support role to a partner on complex and high value transactions where the debt size would typically be in the range of £50-300m
  • Working knowledge of lender and borrower requirements and approaches to transactions
  • Experience of multi-jurisdictional transactions would be preferable but is not essential
  • Be able to handle multiple priorities, working to sometimes conflicting timescales in a fast-paced and challenging environment
  • Be able to build trust and rapport to develop effective relationships, internally and externally
  • Be keen to get involved in business development
  • Comply with professional standards and all relevant regulatory obligations
  • Comply with the firm's systems, policies and procedures in all matters, including compliance, financial systems and time recording.
ABOUT US   DLA Piper is a global law firm with lawyers located in more than 40 countries throughout the Americas, Europe, the Middle East, Africa and Asia Pacific. Our global reach ensures that we can help businesses with their legal needs anywhere in the world. We strive to be the leading global business law firm by delivering quality, service excellence and value to our clients and offering practical and innovative legal solutions to help them succeed. Our clients range from multinational, Global 1000, and Fortune 500 enterprises to emerging companies developing industry-leading technologies, as well as government and public sector bodies.   OUR VALUES   In everything we do connected with our People, our Clients and our Communities, we live by these values:
  • Be Supportive - we care about others, value diversity and act thoughtfully
  • Be Collaborative - we give, we share and we join in
  • Be Bold - we stand tall and challenge ourselves to think big
  • Be Exceptional - we exceed standards and expectations
DIVERSITY AND INCLUSION   At DLA Piper, diversity and inclusion underpins how we live our values and everything we do.  We believe that everyone has a voice, and that everyone’s voice counts. We know that the rich diversity across our firm makes us stronger, more innovative and creative, which helps us to better serve our clients and communities. We are committed to providing an inclusive working environment and culture across our global firm, where everyone can bring their authentic self to work.   Diversity of perspective, thought, background and culture combine to make us the leading global law firm; that’s why we actively seek to build balanced teams. We welcome the unique contribution that you will bring to our firm and actively encourage applications from all talented people – however your talent is packaged, whatever your background or circumstance and regardless of how you identify.   We support anyone with a disability or long term health condition to ensure they have the opportunity to perform at their best. If you have not done so already, please let us know if you require any support so we can make the right adjustments and considerations should they be required.   AGILE WORKING   We recognise that people have responsibilities and interests outside of their career and that as a business, we all benefit from working flexibly. That's why we are open to discussing with candidates the different ways in which we are able to support requests for agile working arrangements.   PRE-ENGAGEMENT SCREENING   In the event that we make an offer to you, and where local legislation permits, we will conduct pre-engagement screening checks that may include but are not limited to your professional and academic qualifications, your eligibility to work in the relevant jurisdiction, any criminal records, your financial stability and references from previous employers.