In-House Counsel
Provident Realty Advisors (“Provident”) is seeking a talented mid-level attorney with sophisticated commercial real estate transaction experience to fill the position of In-House Counsel.
The ideal candidate will have a solid background in various aspects of commercial real estate, including acquisitions, dispositions, financing, leasing, title and survey review, and property development.
This position offers an opportunity to work with a dynamic team on a wide range of complex real estate matters. If you have a passion for challenges and the opportunities that lay within them, you'll thrive as part of the Provident team.
Key Responsibilities:
In this role, you will serve as the sole in-house counsel for Provident's diverse real estate portfolio, with a practice encompassing all legal aspects of the business, including acquisitions and dispositions, development, leasing, financing, construction, asset management, corporate governance, and risk management.
Negotiate and draft:
- PSAs for raw land, developed single-family lots, multi-family, data centers, industrial, and other commercial properties
- Letter agreements, title objection letters, escrow agreements, and closing documents
- Leases for retail shopping center and other commercial property tenants
- Easements and other property management documents
- Loan documents and related financing agreements
- Development agreements with cities, homebuilders, and commercial purchasers
- Closing documents for sale of raw land and commercial properties
- Entity agreements, corporate resolutions, JV documents, and consent and authority documents
- Establish ownership and development entities.
- Draft limited liability company, corporation, and limited partnership agreements; corporate resolutions; joint venture documents; consent and authority documents.
- Oversee formation of PIDs, MUDs, TIRZs, WCIDs, and related public financing districts, together with negotiation and drafting of corresponding public financing reimbursement agreements.
- Identify risk associated with operations, create mitigation strategies, and evaluate results.
- Manage outside counsel in litigation, public financing, entitlement, eminent domain, and land use matters.
- Negotiate and prepare leases and lease memoranda, REAs, declarations of CC&Rs, and related instruments for landlords and tenants in connection with the leasing of retail, industrial and office space.
- Coordinate the origination of acquisition and construction loans, revolving lines of credit, and other real estate-secured loans, including due diligence, negotiation, drafting of loan documents, and legal opinions.
- Conduct and coordinate title, survey, zoning, environmental, and corporate due diligence in connection with property acquisitions and financing transactions.
- Collaborate with internal teams and clients to ensure successful execution of transactions.
Basic Qualifications:
- J.D. degree from an accredited law school
- Must be a member in good standing of the Texas State Bar
- 5+ years of experience practicing Real Estate law with proven experience in acquisition, disposition, financing, leasing, title and survey review, and development of commercial real estate.
- Proven experience in acquisition, disposition, financing, leasing, title and survey review, and development of commercial real estate.
- Exceptional experience drafting and negotiating a variety of real estate transactional documents (i.e. leases, lease amendments, purchase and sale agreements, easements, development agreements, co-ownership agreements etc.).
- Strong research and analytical abilities.
Preferred Qualifications:
- Experience in a mix of corporate law firm and in-house work.
- Insurance experience in areas associated with construction and real estate.
- Familiarity with AIA suite of construction and design agreements.
- Familiarity with lean principles of construction project delivery.
- Ability to work independently and manage multiple complex transactions in a fast-paced environment.
- Demonstrated ability to evaluate risk and to exercise sound legal judgment even in ambiguous situations.
Company Description:
Since its inception in 1991, Provident has developed over $5.5 Billion of real estate projects. We are disciplined and focused on executing deals that offer the best strategy for Provident and our investor partners. With over three decades of experience with opportunistic land development and vertical development in various key U.S. markets, our company thrives on an entrepreneurial spirit and an excellent track record of success.
Over the past 30+ years, Provident has executed a diversified real estate investment and development platform. Currently, the $2.9 billion portfolio includes product types such as multi-family, industrial, master-planned communities, hospitality, and data centers across the United States.
Under the leadership of Leon Backes and Jay Hawes, Provident is a respected, well-capitalized investment firm, that has thrived through three decades and multiple market cycles with foresight, depth of experience, and a unique ability to adapt to shifting demands, market trends, and challenging economic cycles. Provident is in constant pursuit of flexibility, innovation, and professionalism in its operations and investments. By maintaining a streamlined decision-making process, Provident is able to capitalize on fast-moving opportunities and rapidly adjust to dynamic market forces.
We offer a collaborative, entrepreneurial, and opportunistic culture.