Young-Ji Park is an Associate in the Firm’s Newark, NJ office and a member of the Business Transactions Law Practice Group.
Ms. Park previously served as Associate General Counsel at Local Initiatives Support Corporation (LISC), a not-for-profit corporation headquartered in New York, NY. At LISC, she closed lender-side acquisition, predevelopment, mini-permanent, and permanent loan transactions. She was also responsible for reviewing, negotiating, and closing, and supporting and facilitating the deployment of awards provided under, federal, state, and local government contracts (including awards from the Community Development Financial Institutions Fund of the United States Department of Treasury and the United States Department of Housing and Urban Development). She has experience in conducting diligence for business entity formations (including trademark searches, business registrations and name reservations) and preparing state filings. She also has experience with nondisclosure/confidentiality agreements, consulting agreements, service and licensing agreements (including SaaS agreements), and hotel and events contracts.
Prior to that, Ms. Park served as a legal intern at a pharmaceutical company based in Bridgewater, NJ, where she participated in the review and negotiation of nondisclosure/confidentiality agreements, clinical trial agreements, consulting agreements, and collaboration and development agreements.
Ms. Park received her Juris Doctor and Master of Business Administration degrees from Rutgers School of Law and Rutgers Business School, respectively, and her Bachelor of Arts degree from Rutgers College.
• Closed over $149 million in acquisition, construction, bridge / mini-permanent, and permanent financing, ranging from $100,000 to over $11 million for affordable housing and mixed-use developments, community facilities, small business enterprises, and charter schools. Oversaw outside counsel on the closing of over $34million (in the aggregate) in acquisition, construction, and permanent financing. Managed the disbursement of over $53 million in acquisition, construction, and permanent financing.
• Counseled on the organizational overhaul of policies and procedures governing expenses and the engagement and management of consultants.
• Counseled staff on intellectual property, privacy, and nondisclosure issues; counsel on other corporate and nonprofit issues, including lobbying and lobbying and fundraising disclosure requirements.
• Served as secretary for a disregarded entity, for which LISC is the sole member; prepare annual budgets and engage in regular reconciliations for reporting to the board of managers.
• Created various template loan and contract documents, including general consulting templates and template loan documents for financing sourced with funding from the United States Department of Treasury’s Community Development Financial Institutions Fund’s Bond Guarantee and Capital Magnet Fund Programs.
• Counseled on eligible uses of government funds (including but not limited to Section 4 capacity-building funds awarded by the United States Department of Housing and Urban Development); strategize with field teams for the deployment of special/restricted funds.
• Managed (remotely) a foreclosed property as an asset of a LISC real estate-owned subsidiary.
• Created various information-sharing and reporting tools to increase staff response for requisite state and federal filings, including, without limitation, a lobbying reporting tool for compliance with the Federal Disclosure Act of 1995, as well as state and local disclosure and reporting requirements.
• Rutgers School of Law, Recipient of the Miron M. Walley Award (Excellence in Course Work for Real Estate Transactions)
• Rutgers University, Criminology Certificate Departmental Honors in Criminal Justice