Paralegal - HUD Loan and Real Estate Transactions

Ice Miller LLP•Columbus, OH

2d•$70,000 - $100,000

About The Position

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

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
Ability to take initiative and complete tasks
Must be able to perform all essential job duties

Responsibilities

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
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