Transactions Real Estate Paralegal

Hersha Hospitality Management LP•Philadelphia, PA

3d•Hybrid

About The Position

HHM Hotels is seeking a highly organized Real Estate and Transactions Paralegal to support acquisitions, management agreement negotiations, and critical transactional matters. This role is crucial for driving the company's growth and ensuring the smooth execution of hotel management and real estate transactions. The paralegal will work closely with the Associate General Counsel and Legal Operations Manager, managing the entire lifecycle of deals from letter of intent to closing with precision and speed. This position operates on a hybrid schedule and is based at HHM’s Philadelphia Corporate Office.

Requirements

Minimum of 3+ years of experience specializing in real estate transactions or corporate law.
Experience from a law firm or in-house legal department environment is strongly preferred.
Demonstrated 'self-starter' mentality with the ability to anticipate deal requirements, prepare comprehensive checklists, and mitigate potential risks.
Proven ability to manage a robust pipeline of high-stakes transactions simultaneously, maintaining rigorous attention to detail while navigating a fast-paced environment.
Full lifecycle ownership of assigned projects, ensuring absolute accuracy in documentation and the reliability of all tracking systems and deal checklists.
Ability to independently communicate with internal and external parties to complete required items in a timely manner.

Nice To Haves

Current Notary Public commission preferred, or a commitment to obtaining certification upon hire.

Responsibilities

Drive the full lifecycle of hotel management agreements (HMAs), acquisitions, and sales, owning closing checklists and ensuring all parties meet deadlines.
Assist with drafting ancillary legal documents such as organizational documents, termination agreements, and other agreements based on existing forms.
Review material agreements to create concise executive summaries.
Lead the closing process, including coordinating signature pages, managing the delivery of closing documents, and coordinating alignment and execution by internal and external stakeholders.
Maintain trackers of all material agreements to provide real-time status updates to leadership.
Assist the Legal Operations Manager with coordinating all legal-related matters associated with transitioning management of hotels, including updating checklists, reviewing agreements, and coordinating with stakeholders.
Assist the Legal Operations Manager in managing the governance of various subsidiaries, including filings, foreign qualifications, and maintaining digital minute books.