Ready Capital
Executive Director, Commercial Real Estate Counsel
Ready Capital, New York, New York, us, 10261
Base pay range: $250,000.00/yr – $275,000.00/yr
Location: New York City (3 days/week in-office)
Reports To: Senior Legal Counsel
About Ready Capital : Ready Capital (NYSE: RC) is a multi‑strategy real‑estate finance company that originates, acquires, finances, and services small‑to‑medium balanced commercial loans. Ready Capital specializes in loans backed by commercial real estate, including agency multifamily, investor, and bridge as well as U.S. Small Business Administration loans under its Section 7(a) program and USDA (B&I) loans under the U.S. Department of Agriculture OneRD Initiative.
Position Overview Ready Capital is seeking a highly motivated commercial real‑estate counsel with 8–12 years of experience. The ideal candidate will have Big Law experience representing lenders and borrowers in commercial real‑estate transactions, including acquisitions, dispositions, financings, and workouts. This role presents a unique opportunity to serve as a key transactional attorney for a publicly traded REIT and to work directly with senior leadership and cross‑functional teams to efficiently execute real‑estate transactions independently and as needed in conjunction with outside counsel.
Compensation commensurate with experience, expected to consist of $250,000 – $275,000 in salary, and all‑in compensation, including bonus and equity, of up to $400,000 – $450,000.
Key Responsibilities
Transactions: Lead, manage, draft, review, and negotiate a wide range of commercial real‑estate transaction documents, including: loan documents (loan agreements, mortgages, notes, guaranties, allonges and assignments), purchase and sale agreements, forbearance agreements and pre‑negotiation agreements, discounted payoff agreements, intercreditor agreements, land use easements and ground leases
Legal Due Diligence: Oversee title, survey, zoning, and other diligence matters in connection with the purchase and sale of assets and loans, including portfolio transactions and M&A, coordinating with internal teams and outside counsel as needed
Asset Management Support: Advise on restructurings, workouts, foreclosures, and deed‑in‑lieu transactions; effectuate loan assignments and internal corporate restructurings
Corporate & Vendor Contracts: Negotiate vendor agreements, loan servicing agreements, property management agreements, and brokerage/leasing agreements
Cross‑Functional Collaboration: Work closely with tax, operations, asset management, capital markets underwriting and originations teams to implement business plans efficiently
Outside Counsel Management: Strategically engage, supervise, and manage outside counsel to ensure cost‑effective and timely execution of matters
Qualifications
J.D. from an accredited law school
Admission to the New York Bar (or ability to obtain in‑house counsel registration)
8–12 years of relevant experience, with most in a Big Law environment
Exceptional drafting, negotiation, and project management skills
Superb business judgment and high emotional intelligence (EQ), with a collaborative and solution‑oriented mindset
Self‑motivated, organized, and comfortable taking the lead on complex projects
What Success Looks Like
Consistently delivers timely, pragmatic, and business‑oriented legal advice that helps advance company goals
Capable of independently structuring and drafting ordinary‑course commercial real‑estate transactions without assistance from outside counsel, except for local and specialist assistance
Efficiently manages outside counsel spend while maintaining high‑quality work product
Anticipates issues and proactively develops solutions to keep transactions moving forward
Builds trust and credibility with internal stakeholders across departments
Demonstrates strong business judgment, balancing risk with commercial objectives
Why Join Us This is more than a technical legal role — it’s an opportunity to make a direct impact at a growing public company. The successful candidate will have the autonomy to handle significant transactions, collaborate with senior management, and play a key role in Ready Capital’s continued growth. This position offers substantial growth potential within the legal department and broader organization.
Seniority level Director
Employment type Full‑time
Job function Legal
Referrals increase your chances of interviewing at Ready Capital by 2x
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Location: New York City (3 days/week in-office)
Reports To: Senior Legal Counsel
About Ready Capital : Ready Capital (NYSE: RC) is a multi‑strategy real‑estate finance company that originates, acquires, finances, and services small‑to‑medium balanced commercial loans. Ready Capital specializes in loans backed by commercial real estate, including agency multifamily, investor, and bridge as well as U.S. Small Business Administration loans under its Section 7(a) program and USDA (B&I) loans under the U.S. Department of Agriculture OneRD Initiative.
Position Overview Ready Capital is seeking a highly motivated commercial real‑estate counsel with 8–12 years of experience. The ideal candidate will have Big Law experience representing lenders and borrowers in commercial real‑estate transactions, including acquisitions, dispositions, financings, and workouts. This role presents a unique opportunity to serve as a key transactional attorney for a publicly traded REIT and to work directly with senior leadership and cross‑functional teams to efficiently execute real‑estate transactions independently and as needed in conjunction with outside counsel.
Compensation commensurate with experience, expected to consist of $250,000 – $275,000 in salary, and all‑in compensation, including bonus and equity, of up to $400,000 – $450,000.
Key Responsibilities
Transactions: Lead, manage, draft, review, and negotiate a wide range of commercial real‑estate transaction documents, including: loan documents (loan agreements, mortgages, notes, guaranties, allonges and assignments), purchase and sale agreements, forbearance agreements and pre‑negotiation agreements, discounted payoff agreements, intercreditor agreements, land use easements and ground leases
Legal Due Diligence: Oversee title, survey, zoning, and other diligence matters in connection with the purchase and sale of assets and loans, including portfolio transactions and M&A, coordinating with internal teams and outside counsel as needed
Asset Management Support: Advise on restructurings, workouts, foreclosures, and deed‑in‑lieu transactions; effectuate loan assignments and internal corporate restructurings
Corporate & Vendor Contracts: Negotiate vendor agreements, loan servicing agreements, property management agreements, and brokerage/leasing agreements
Cross‑Functional Collaboration: Work closely with tax, operations, asset management, capital markets underwriting and originations teams to implement business plans efficiently
Outside Counsel Management: Strategically engage, supervise, and manage outside counsel to ensure cost‑effective and timely execution of matters
Qualifications
J.D. from an accredited law school
Admission to the New York Bar (or ability to obtain in‑house counsel registration)
8–12 years of relevant experience, with most in a Big Law environment
Exceptional drafting, negotiation, and project management skills
Superb business judgment and high emotional intelligence (EQ), with a collaborative and solution‑oriented mindset
Self‑motivated, organized, and comfortable taking the lead on complex projects
What Success Looks Like
Consistently delivers timely, pragmatic, and business‑oriented legal advice that helps advance company goals
Capable of independently structuring and drafting ordinary‑course commercial real‑estate transactions without assistance from outside counsel, except for local and specialist assistance
Efficiently manages outside counsel spend while maintaining high‑quality work product
Anticipates issues and proactively develops solutions to keep transactions moving forward
Builds trust and credibility with internal stakeholders across departments
Demonstrates strong business judgment, balancing risk with commercial objectives
Why Join Us This is more than a technical legal role — it’s an opportunity to make a direct impact at a growing public company. The successful candidate will have the autonomy to handle significant transactions, collaborate with senior management, and play a key role in Ready Capital’s continued growth. This position offers substantial growth potential within the legal department and broader organization.
Seniority level Director
Employment type Full‑time
Job function Legal
Referrals increase your chances of interviewing at Ready Capital by 2x
#J-18808-Ljbffr