Description
MIT Investment Management Company (“MITIMCo”) is a department within MIT that manages over $18 billion for the Institute’s endowment, retirement plan and other pools of capital and approximately $2 billion in Cambridge real estate holdings on a gross value basis. The Legal Services Associate will work closely with MITIMCo’s Director of Real Estate Legal Services in collaboration with the Cambridge Real Estate and Operations Teams and MIT’s Office of the General Counsel to provide MITIMCo with first-class legal support. MITIMCo’s Cambridge Real Estate Team is responsible for developing and maintaining a high profile, complex and dynamic real estate portfolio including the Kendall Square Initiative, a vibrant mixed-use district featuring six new buildings, three for research and development, two for housing, and one for retail and office space. These new buildings are in addition to approximately 8 million square feet spread out over 100 different buildings. No two days will be the same as the legal team navigates a myriad of legal issues confronting the Cambridge Real Estate professionals and Operations Team members.
The Legal Services Associate role will include understanding and managing (at least on a first-point-of-contact basis) the legal and compliance issues faced by a real estate management and development office. The Legal Services Associate will be responsible for assisting with leasing efforts for office, laboratory and retail premises across MITIMCo’s portfolio as well as financing, permitting and acquisition matters; managing the efforts of outside counsel; reviewing numerous consultant contracts on a weekly basis (including, without limitation, contracts for environmental consultants, master planners, architects and contractors); spotting key legal issues and managing the consultant contracting process; preparing many common real estate documents, such as lease amendments, access agreements and non-disclosure agreements; devising and implementing strategies for identifying and processing large volumes of documents and information, especially electronically-stored documents and information; coordinating and managing paper and electronic document collection, review and production by working with document custodians; assisting in the preparation of materials for real estate transactions and consultant contracts; and other special projects as assigned.
The Legal Services Associate will demonstrate strong communication and writing skills, the ability to prioritize his/her own work, meet tight deadlines, work under pressure, respond to different MITIMCo constituencies with differing focuses, be highly attentive to detail and adjust easily to shifting priorities. Strong organizational, writing and communication skills are essential.
Principal Duties and Responsibilities (Essential Functions):
|
Supervision Received:
• Will report to the Director of Legal and Compliance (Real Estate). • Ability to work independently is required. |
Supervision Exercised: • N/A |
Qualifications & Skills:
|
This job is no longer active.