Job details

Legal Counsel, Real Estate Credit Investments

Evergreen Residential is a high growth early-stage institutional investment platform in the single-family residential ('SFR') sector. We are committed to changing the way investors own and manage SFR homes, and to building a modern way to deliver the data, tools and services that enable our clients to invest in the world’s largest asset class at scale. Our team is collaborative, open-minded and curious. Transparency is a core value, we speak our minds, are responsible for our actions and celebrate our wins. We are serious about our business, but we don't take ourselves too seriously.

We offer a flexible, empowering culture, competitive compensation and benefits, and the opportunity to work with and learn from industry pioneers and experts.

If you are self-motivated and mission driven with a ‘can do’ mindset and see solutions where others may see problems, come and grow with us

The Business

Our recently launched credit platform (“Evergreen Credit”) acts as a direct lender to residential real estate investors. We source, underwrite, structure, originate, and manage a variety of asset-backed debt instruments, ranging from term loans to highly structured growth facilities. We are seeking an attorney with transaction experience in real estate finance for the position of Legal Counsel within the growing Evergreen Credit team.

This is a unique opportunity to be an early hire and strategic member of the Evergreen Credit team, and the position also represents a rare blend of a traditional legal counsel for a credit business with an entrepreneurial business-building startup role.

This office-based position may be in either Dallas Downtown or New York City, with a 4/1 hybrid work schedule available.

The Role: This position includes, but is not limited to, the following responsibilities:

Be the first dedicated legal hire for the Evergreen Credit platform; contribute to all aspects of the business, including loan originations and overall corporate development
Collaborate with business team on the structuring and execution of loan transactions
Work with external counsel to review, draft, and negotiate loan documents
Drive execution on loan transactions and coordinate with Borrowers; oversee the completion of legal documentation, legal due diligence, and other workstreams
Perform legal diligence for loan transactions; identify and communicate transaction risks and help define scope of legal diligence for different loan transactions
Improve and help implement operations, policies, and procedures for lending program
Update and maintain form documents and term sheets for various loan structures
Draft, review, and negotiate legal documentation for capital partner relationships
Maintain relationships and correspond with legal counsel counterparts at capital partners
Manage the end-to-end process of license applications and renewals for Evergreen Credit and ensure compliance with all licensing and other applicable legal and regulatory requirements
Organize and maintain all legal documentation across the Evergreen Credit business
Manage external counsel relationships
Draft, review, and negotiate legal contracts with third party vendors and business partners

Qualifications and Experience

Juris Doctorate (JD) from a U.S. law school and strong academic background
Active bar membership in relevant jurisdiction(s)
4-6+ years of relevant legal and transaction experience in structured or asset-based finance, preferably at a top-tier law firm or financial institution
Direct experience with real estate finance: mortgages/deeds of trust, title, escrow
Experience drafting or reviewing loan agreements, master loan purchase agreements (MLPAs), servicing agreements and other legal documentation related to asset-based finance
Experience with licensing and compliance obligations for real estate finance originators, brokers and lenders
Thinks critically and proposes commercial, business-oriented solutions that combine excellent judgement, creativity and technical expertise
Thrives in a fast-paced, rigorous work environment; effectively prioritizes and meets deadlines
Self-starter who demonstrates a high-level of ownership and drive; strong attention to detail
Collegial and transparent with a high level of integrity

Please do not rely on compensation estimates for our jobs that are posted on sites other than our direct website as these may be misleading.

About Evergreen Residential

Founded in 2021, Evergreen Residential is a full-service SFR platform leveraging proven operational practices and the latest technological advances to optimize investor returns and achieve positive outcomes for our residents and the communities in which we operate. We offer a full suite of services, including Investment Management, Asset Origination, and Advisory Services. The firm is headquartered in Dallas with offices in New York City.

The leadership team has extensive experience dating back to the early institutionalization of SFR and unrivaled depth of experience in the complete asset life cycle. We are built to withstand changing market conditions, and our business produces resilient, predictable cash flows and margins. We are committed to charting new paths and using data to achieve best-in-class results. Our business is evergreen.

Beyond financial returns, the Company is committed to measurable impact objectives. We believe that inclusive and equitable management, environmentally sustainable long-term strategies, and resident-focused policies are good business - for our residents, our investors, and our team. We are committed to using environmentally sustainable practices and empowering our residents to improve their financial health.

Our cornerstone values - Accountability, Transparency and Partnership - are built on a foundation of Integrity and provide the roadmap for our daily actions, interactions and decisions.

Equal Opportunities and Other Employment Statements

We are deeply committed to building a workplace and community where inclusion is not only valued but prioritized. We take pride in being an equal opportunity employer and seek to create a welcoming environment based on mutual respect, and to recruit, develop and retain the most talented people from a diverse candidate pool. All employment decisions shall be made without regard to race, color, religion, gender, gender identity or expression, family status, marital status, sexual orientation, national origin, genetics, neurodiversity, disability, age, or veteran status, or any other basis as protected by federal, state, or local law.

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$125000 / YEARLY (est.)

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$100000K

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