Paralegal - HUD 232 Loan and Real Estate Transactions

Job Summary

Hud Loan Duties (65%-80%)

• Draft borrower and operator side deliverables for HUD 232 loans, including organizational documents, lease memoranda, addenda and estoppels, and management agreement addenda
• Communicate directly with client and lender’s counsel to coordinate delivery of all information required for HUD 232 application submissions
• Cook up the closing process for HUD 232 loans with client, title company, and lender

Transaction Management Duties (20%-35%)

• Review real estate due diligence for finance, acquisition, and disposition transactions
• Critically review title reports and policies, including underlying documentation support, for property ownership, encumbrances, and other pertinent “checklist” items; discuss, negotiate, and manage title curative items with title agents; draft, deliver, and negotiate title objection letters under supervision of supervising attorney
• Draft corporate organizational documentation including LLC and LP agreements and file with appropriate jurisdiction
• Draft lease abstracts
• Work closely with attorneys, title companies, lenders, and real estate agents to facilitate real estate closings by anticipated closing dates
• Draft, track, and manage timetables for multiple real estate transactions simultaneously

Minimum Requirements

• Bachelor's degree required; paralegal certificate a plus
• Understanding of HUD loans and the process involved as well as experience are required
• Understanding of real estate terminology
• Understanding of and experience with real estate transaction management
• Strong organizational skills and exceptional attention to detail required
• Demonstrated commitment delivering quality legal services
• Ability to work in a fast-paced environment and coordinate multiple projects simultaneously
• Exhibits resourcefulness and flexibility
• Demonstrates analytical and critical thinking skills
• Able to take initiative and complete tasks

Other Requirements

• The requirements described below are representative of those that must be met by an employee to successfully perform the essential functions of this job.
• Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
• Equipment Operated: This position requires extensive use of a computer and telephone. This position also requires the use of printing, copying, faxing and scanning equipment.
• Physical Requirements: While performing the duties of this job, the employee is occasionally required to sit; stand; talk; see; and hear.
• Mental Requirements: Ability to communicate effectively, verbally and in writing, with a diverse group of people.
• Work Environment: While performing the duties of this job, the employee may be exposed to weather conditions while traveling. The noise level in the work environment is usually moderate.

Benefits

• Paid time off
• Health insurance
• Vision and Dental Insurance
• 401k (with an employer match)
• life insurance
• and many others

Qualifications

Permanent authorization to work in the United States.

Ice Miller LLP is an Equal Opportunity Employer.