Job Description

Summary:

Schafer Richardson LLC (SR) has been recognized for planning, developing, and strengthening our communities through a full-service real estate experience since 1995. We provide quality investment, development, construction, leasing, and management services to its commercial and multifamily real estate portfolio.

The primary focus of the Corporate Counsel is to manage the legal aspects of complex business and real estate transactions for SR and SR Realty Trust, Inc. (collectively, the “Company”). This position will negotiate critical contracts, commercial leases, operating/joint venture agreements, and financing agreements for the portfolio.

Essential Duties and Responsibilities, included below. Other duties may be assigned as necessary by the Board of Schafer Richardson LLC.

1. Commercial Leasing and General Real Estate Contracts: Review, negotiate and draft commercial leases, easements, license agreements, guaranties, management agreements, service agreements, listing agreements, escrow and disbursing agreements, tenant financing waivers, tenant estoppels, subordination agreements, and all other types of real estate related contracts.
2. Property Acquisitions and Dispositions: Responsible for coordinating and managing the closing of real property acquisitions and sales. Review, negotiate and draft purchase agreements, closing documents, closing statements, title commitment, survey review, and pro-forma title policies. Prepare pre-closing and post-closing acquisition/sale checklists and monitor and assist in timely completion of checklist items. Manage real estate deliverables for debt/equity financings, including title curative efforts, acquisitions, and sales. Conduct real property due diligence for transactions and development projects. Manage outside counsel, title insurance and surveyor relationships. Assist real estate and development team with in-depth due diligence for real estate transactions.
3. Corporate Governance: Set up various entities and provide legal advice on operating agreements, joint venture agreements and partnership agreements. Assist with the legal implications of adding additional entity members. Provide advice and perform research on a variety of governance matters related to secured transactions, acquisitions and dispositions of securities, and assist in the legal governance of a real estate investment trust.
4. Corporate Compliance: Prepare corporate documents and agreements; oversee compliance matters and complete corporate record keeping. Develop and implement internal legal policies and training programs. Perform legal research on a variety of matters.
5. Manage Outside Counsel: Manage external legal counsel. Assist and supervise in various legal projects utilizing outside
6. Litigation Management and Dispute Resolution: Commence and prosecute commercial unlawful detainer actions. Draft demand letters for delinquent tenants and assist the with collection efforts. Monitor the status of litigation matters handled by outside attorneys.

Knowledge, Skills and Other Abilities:

• Attend meetings with various internal groups and assist in the preparation of agreements.
• Ability to interface with senior-level business leaders, as well as work independently and collaboratively with all departments within the organization.
• High Degree of professionalism.
• Exceptional leadership, management, and collaboration skills.
• Ability to effectively communicate and negotiate skillfully at all levels both inside and outside of the organization.
• Strong problem-solving and creative skills.
• Ability to be outgoing, straightforward, self-assured, and one who shares information readily, listens actively, and respects the abilities of others.
• Reliable judgment on when to seek guidance or subject matter expertise
• Self-motivated with ability to make independent and sound decisions
• Detail oriented with good analytical skills and an ability to advise a diverse range of clients.
• High level of integrity and dependability
• Highly organized and able to effectively prioritize and process a high volume of work while meeting deadlines

Experience/Education Requirements

• Four (4) to six (6) years law firm or a combination of law firm/corporate law experience including exposure to sophisticated corporate/partnership law.
• Extensive experience in commercial real estate and financing transactions.
• Experience managing multiple real estate and development transactions with little required oversight in a fast paced, high growth, and dynamic organization.
• Law Degree and license to practice in Minnesota, or able to obtain, required.

Additional Experience: preferred but not required

• License to practice in Nebraska or Missouri in addition to Minnesota.
• Experience with the development of real estate projects.
• Familiar with property tax appeals.
• Experience with construction agreements and activities.

Travel

• Ability to attend occasional evening meetings

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is regularly required to remain in a stationary position, moving about the office to access file cabinets, varying office locations, office machines, constantly operating a computer and other office productivity machinery (i.e., computer, copy, fax, and printer). Occasionally positions self to work atop, under or traverse company rooms and or equipment. The person in this position frequently communicates with staff, vendors and customers and must be able to exchange and communicate accurate information in these situations. The employee must occasionally lift and/or move up to 15 pounds.

EQUAL OPPORTUNITY EMPLOYER

Schafer Richardson is committed to equal employment opportunity. Employment decisions are made based on individual skill, ability, reliability, productivity, and other factors. We will not discriminate against employees or applicants for employment on any legally recognized basis [“protected class”] including, but not limited to race; color; religion; genetic information; national origin; sex; pregnancy, childbirth, or related medical conditions; age; disability; citizenship status; uniform servicemember status; or any other protected class under federal, state, or local law.

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