Asset Management (Real Estate Funds)

Ropesgray•Chicago, IL

23h•Onsite

About The Position

Our Real Estate Funds Practice Group, of the Asset Management group, is seeking a senior associate to work alongside partners and lead teams in fundraising activities for real estate funds. Candidates must have a minimum of 5 years of extensive experience advising on the structuring, formation, and management of open-end and closed-end real estate fund products, including co-investment vehicles and other real estate investment products. Candidates should also have experience representing real estate fund sponsors and investors in legal, regulatory, and transactional matters.

Requirements

A Juris Doctor degree from an accredited law school.
Currently admitted to practice law in the state of Illinois.
Minimum of 5 years of experience practicing at a global law firm, with a focus on real estate funds, co-investment vehicles, and real estate investment products.
Proven experience working with open-end and closed-end fund structures.
Experience representing real estate fund sponsors and investors.
Strong knowledge of real estate fund structures, securities laws, and regulatory frameworks.
Proven ability to draft and negotiate complex legal documents.
Proficiency in using AI technologies responsibly and ethically.
High attention to detail and organizational skills.
Ability to manage multiple projects and meet deadlines.
Willingness and ability to lead and mentor junior associates.
Aspiration to help partners maintain existing client relationships and develop into trusted advisors to those clients.

Responsibilities

Represent real estate fund sponsors and investors in transactions and negotiations.
Advise clients on the formation, structuring, and management of open-end and closed-end real estate funds.
Lead teams during fundraising processes for real estate funds.
Draft, review, and negotiate fund offering documents, partnership agreements, side letters, and co-investment vehicle documents.
Conduct legal research and analyze regulatory requirements affecting real estate funds and related products.
Coordinate with clients, investors, and service providers to facilitate fund closings.
Prepare and review disclosure documents and investor communications.
Support due diligence processes for real estate acquisitions and investments.
Identify and resolve legal issues related to fund operations, management, and investor relations.
Monitor changes in laws and regulations affecting real estate funds, co-investment vehicles, and real estate products.
Use AI technologies responsibly and ethically to enhance legal research and document review.
Work with colleagues in tax, real estate, finance, and regulatory practices, supervises junior team members, and help partners maintain existing client relationships.