Senior Closing Manager

National Church Residences•Columbus, OH

6d•Hybrid

About The Position

As the Senior Closing Manager, you are primarily responsible for closing complex LIHTC real estate transactions as well as supporting and advising the Development team on closing-related processes and deliverables. You will review, negotiate and approve development-related legal documents, identifying and resolving issues, ensuring consistency and minimizing legal risk to the organization. You will act as a closing subject matter expert, advising the development team on the appropriate course of action on matters involving LIHTC application requirements, HUD, authority, financing requirements, title and survey issues, closing deliverables, and other development-related questions. You will provide direction to the closing team, assisting Closing Managers/Paralegals with questions and document review. You will also draft legal documents, including but not limited to agreements, amendments, purchase agreements, entity related documents, resolutions, letters and consents. You will lead the financial closing process for complex real estate closings, including but not limited to affordable multifamily acquisitions, LIHTC new construction/substantial rehabilitation, market rate development, land acquisitions, loan conversions and final endorsements. You will assign tasks to originations, preconstruction, development paralegal and development attorney to facilitate closing timelines, strategize the best path to closing and drive the closing process with internal and external partners and outside counsel to achieve timely, efficient and accurate closings. You will monitor the work of outside counsel to ensure the interests of the organization are protected and risk is minimized. You will approve legal invoices in Legal Tracker to ensure accurate billing. You will promote and participate as an active and supportive member of the National Church Residences Development team.

Requirements

Paralegal Certificate required with a minimum of 5 years of experience closing multifamily affordable housing real estate transactions.
Must have good working computer skills with basic professional computer software (Microsoft Office suite, Windows, etc.) and the capacity for learning new software systems quickly.
Must have excellent communication, comprehension, and interpersonal skills.
Must have the ability to speak, read, write and understand English, as well as the ability to make self-understood.
Must be self-directed with excellent organizational skills and the ability to manage tasks and assignments concurrently.
Must be able to successfully lead others in an environment of complexity.
Must have strong motivational skills and a high emotional intelligence quotient (EQ).
Must be a registered attorney or paralegal in good standing.

Nice To Haves

Juris Doctor (J.D.) preferred with a minimum of 3 years of experience closing multifamily affordable housing real estate transactions.

Responsibilities

Review, negotiate and approve development-related legal documents, identifying and resolving issues, ensuring consistency and minimizing legal risk to the organization.
Act as a closing subject matter expert, advising the development team on the appropriate course of action on matters involving LIHTC application requirements, HUD, authority, financing requirements, title and survey issues, closing deliverables, and other development-related questions.
Provide direction to the closing team, assisting Closing Managers/Paralegals with questions and document review.
Draft legal documents, including but not limited to agreements, amendments, purchase agreements, entity related documents, resolutions, letters and consents.
Lead the financial closing process for complex real estate closings, including but not limited to affordable multifamily acquisitions, LIHTC new construction/substantial rehabilitation, market rate development, land acquisitions, loan conversions and final endorsements.
Assign tasks to originations, preconstruction, development paralegal and development attorney to facilitate closing timelines, strategize the best path to closing and drive the closing process with internal and external partners and outside counsel to achieve timely, efficient and accurate closings.
Monitor the work of outside counsel to ensure the interests of the organization are protected and risk is minimized.
Approve legal invoices in Legal Tracker to ensure accurate billing.
Promote and participate as an active and supportive member of the National Church Residences Development team.

Benefits

Medical & Rx – 3 plan options to fit your budget; choose from coverage offered through a Nationwide network for you and your family
Complimented with a Healthcare Flexible Spending Account or Employer funded Health Savings Account
Includes Fertility & Family Building Support , Weight Management , and Chronic Condition Support
Parental Leave paid at 100% for four weeks
Coverage begins first of the month following your date of hire!
Dental & Vision coverage for you and your family with Nationwide providers.
Company provided Life & ADD insurance and Disability coverage.
Supplemental benefits such as Life and AD&D for you and your family, Accident Insurance , Hospital Indemnity , and Critical Illness.
Flexible Spending Accounts for Dependent Care and Transportation & Parking
Well-being Programs including an enhanced EAP with mental health and work-life support , tobacco cessation , and Well-Being Your Way which offers up to $1000/year in rewards & reimbursements !
Retirement Savings Plan offering immediate company funding at 3%, increasing up to 5% over time and an additional company match up to 5% when you contribute your own funds!
Reimbursement for Tuition expenses
Paid Time Off ( PTO )
9 paid Holidays
Parental Paid Leave at 100%