Greenspoon Marder is a national full-service business law firm with 200 attorneys and locations across the United States. We are ranked among American Lawyer ’s Am Law 200, as one of the top law firms in the U.S. since 2015. Since our inception in 1981, our firm has been committed to providing excellent client service through our cross-disciplinary, client-team approach. Our mission is to understand the challenges that our clients face, build collaborative relationships, and craft creative solutions designed and executed with long-term strategic goals in mind. We serve Fortune 500, middle-market public and private companies, start-ups, emerging businesses, individuals and entrepreneurs nationwide. For more information, visit www.gmlaw.com.
Overview:
Full-time law clerk (attorney pending Bar admission) needed for a busy commercial real estate finance team in New York. 2022 law school graduates with internship experience in real estate are encouraged to apply.
We’d love to tell you more about the position and the practice but here are some representative matters to pique your interest:
- Represent various private equity funds in making construction and redevelopment loans, including most recently for a 118,000 square foot property in Philadelphia, PA, a 144,000 square foot student housing complex in Buffalo, NY, a nearly 57,000 square foot industrial property in Cambridge, MA, a 229-unit luxury apartment building in Houston, TX and a 43-unit residential condominium project in South Beach, FL.
- Representation of a private equity firm making an over $40 million mezzanine loan in connection with a substantial redevelopment of a major hotel and related amenities located in San Diego, California.
- Represent an active subordinate lender in the making of a variety of mezzanine loans and preferred equity investments relating to residential, hospitality, student housing and mixed used properties throughout the United States, including: a preferred equity investment in a Miami hotel consisting of 129 hotel rooms and 292 residential units; a preferred equity investment in a rental residential complex in Washington State; several construction mezzanine loans financing rental and for sale residential, student housing and mixed use properties in Manhattan, Brooklyn, south Florida and the San Francisco bay area and hotels in Tennessee and California.
- Representation of a private lender making mezzanine loans secured by development parcels in the Gowanus section of Brooklyn and in the South Bronx.
- Representation of the holder of a B-note in the workout of a $180 million construction loan for a luxury resort property, including negotiation of a forbearance agreement with the borrower and guarantor, which provided for the release of the guarantor after making certain payments, acceleration of the loan, and a proposed restructuring of the existing mezzanine loan, with attention to the characterization of advances for project cost overruns by the lenders, and the subsequent defense of the B-note holder’s rights after the occurrence of a “Control Appraisal Event” culminating in a successful buy-out of the client’s position by the senior lending group.
This is a temporary to permanent position, with the opportunity to transition to a permanent position after 90 days, at which point the position would be eligible for the Firm's benefits.
All inquiries will be kept confidential.
Greenspoon Marder is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.