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Any insight into DLA transactional RE in LA?
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Any insight into DLA transactional RE in LA?
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Depends. Up to 5 commercial transactions are doable. Up to 0 residential transactions seems to be a good number for me.
4-5 deals, assuming these are all core RE acquisition/financing deals that I’m staffed on at the term sheet stage. What I find really challenging is balancing my real real estate matters with various one-offs or more substantial requests that come in from other departments (corporate, bankruptcy, litigation, etc.).
It depends on timing and role.
As an associate, the real heavy lifting comes right after a contract is signed and diligence begins and then again before closing. I wouldn’t want to be in the middle of due diligence on more than 4-5 matters at a time, and that could be rough.
As a partner on deals, most of the work comes early on negotiating the deal, then again in spurts as you get ready to hard on your deposit and then again when you get ready to close. But the times in between are manageable. I really wouldn’t want to negotiate more than 3 contracts simultaneously.
So the answer might be as low as 3, but if your deals are at different stages, or you’re playing different roles on different deals, being on as many as 6-8 major deals could be manageable.
Fewer than I have now!
Depending on the deal, 3-5. I’ve done 7 or so during Q4 & it’s always miserable.