Arc70 is an investment management firm based in Burlingame, CA that is focused on financing affordable housing across the U.S. The firm has financed the preservation or creation of over 43,000 units of affordable housing since inception. Arc70 manages over $4.5 billion in affordable housing related investments and works with notable and sophisticated long-term investors.
Arc70 is seeking an Associate General Counsel to join its legal team. The position will report to the Director of Legal and requires a skilled and well-rounded individual who can support the firm on a broad range of affordable housing real estate matters. The ideal candidate will have an interest and passion for understanding Arc70’s business and will grow into an in-house legal leader, contributing in a meaningful way to the firm’s long-term strategic goals.
Responsibilities
- Serve as primary legal support in all legal aspects of the structuring and closing of complex affordable housing projects
- Provide legal guidance on business transactions, litigation, and private fund matters
- Draft, review, and/or negotiate a broad range of documents, including term sheets, bond and derivative documentation, private fund documents, loan documents, engagement letters, third-party contracts, non-disclosure agreements, and other documents relevant to Arc70’s business activities
- Assist with lending negotiations and documentation
- Oversee and work with outside counsel to ensure appropriate deal structures are utilized to achieve long-term commercial and strategic goals
- Communicate and coordinate matters with the Arc70 team
- Perform other duties as needed to support Arc70’s business operations
Qualifications
- Doctor of Law (J.D) from an accredited law school
- Bar admission required
- 3+ years of experience practicing as a real estate transactional attorney with affordable housing, private fund formation, or in-house counsel
- Experience with most or all of the following: low-income tax credits, affordable housing financings, deal structuring, real estate, and generate corporate matters
- Strong analytical skills for legal issues, business risk, and deal economics
- Entrepreneurial mindset
