Paralegal - HUD Loan and Real Estate Transactions
Ice Miller LLP, Wilmington, DE, United States
Job Summary
Ice Miller, LLP is seeking an experienced HUD loan and real estate transaction paralegal to join our team. The paralegal must have subject matter experience as further explained below, and must be capable of working in a fast-paced, multi-location environment with time-sensitive materials, and maintain strict confidentiality due to the nature of the position. It is anticipated that HUD loan work will be the majority of what this paralegal works on, with traditional real estate transaction management duties comprising the remaining workload. Salary in the range of $70,000 - $100,000 dependent on location and experience level.
Essential Job Duties
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.
▪ Coordinate 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 is 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.Ability to take initiative and complete tasks.
Must be able to perform all essential job duties.
Benefits Benefits provided include: Paid time off, Health insurance, Vision and Dental Insurance, 401k (with an employer match), life insurance, and many others. Please reach out for a comprehensive list of benefits provided.
Ice Miller is committed to recruiting, developing and retaining talented attorneys and professional staff from all backgrounds. To succeed, we take great pride in a culture where everyone at Ice Miller feels respected, is treated fairly and has the opportunity to perform to their highest potential.
Candidates must have permanent authorization to work in the United States.
Ice Miller LLP is an Equal Opportunity Employer.
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Essential Job Duties
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.
▪ Coordinate 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 is 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.Ability to take initiative and complete tasks.
Must be able to perform all essential job duties.
Benefits Benefits provided include: Paid time off, Health insurance, Vision and Dental Insurance, 401k (with an employer match), life insurance, and many others. Please reach out for a comprehensive list of benefits provided.
Ice Miller is committed to recruiting, developing and retaining talented attorneys and professional staff from all backgrounds. To succeed, we take great pride in a culture where everyone at Ice Miller feels respected, is treated fairly and has the opportunity to perform to their highest potential.
Candidates must have permanent authorization to work in the United States.
Ice Miller LLP is an Equal Opportunity Employer.
#J-18808-Ljbffr