Overview
This position supports the Multifamily Housing Finance Group, representing lenders active in the multifamily housing industry. The group focuses on closing loans secured by multifamily projects and delivering those loans to secondary market investors. The Multifamily Paralegal will work with the group on review and analysis of title and survey for multifamily housing properties, requiring a thorough knowledge of title and survey. This role includes a billable hours component.
Responsibilities
- Conduct title and survey review and analysis for commercial real estate loans, including loans involving Fannie Mae and Freddie Mac.
- Maintain thorough and current knowledge of commercial real estate lending guidelines.
- Perform paralegal duties and responsibilities as directed by the group leader and other attorneys.
- Monitor and meet loan closing deadlines.
- Perform all assignments in strict compliance with ethical guidelines governing the practice of law.
- Maintain the firm’s official files using the document management system.
- Track and record client-billable time as required to meet minimum billable hour requirements.
- Maintain and prioritize daily workload; communicate if daily responsibilities cannot be met.
- Track and record both billable and nonbillable work on a daily basis.
Requirements
- Demonstrated strong organizational and writing skills.
- Ability to receive and follow complex instructions.
- Ability to juggle multiple assignments in a fast-paced, team-oriented environment.
- Impeccable attention to detail, strong problem-solving and analytical skills.
- Ability to adapt to changing assignments and priorities.
- Willingness to learn and develop new skills.
- Self-starter mindset with strong verbal and written communication skills.
- Consistent professionalism.
- Ability to complete routine assignments with minimal supervision and manage a large workload.
- Ability to work independently and collaboratively.
- Ability to provide quality service to internal and external clients.
- Availability to work overtime when necessary.
Education and Experience
- Bachelor’s degree; or any combination of training, education and experience that demonstrates the ability to perform the duties of the position.
- Minimum ten (10) years of experience with commercial real estate transactions, specifically title and survey, in a law firm, or title company.
- Commercial title and survey experience, specifically ALTA and NSPS.
- Fannie Mae and/or Freddie Mac experience strongly preferred.
Compensation & Benefits
- Hiring Salary Range: $120,000.00 - $140,000.00
- Compensation is dependent on several factors, such as position, location, market, education, training, and/or experience.
Additional Information
- The employer will comply with applicable city or state workplace mandates in effect in regards to Covid-19.
- This position description is intended to describe the general content of and requirements for the performance of the job. Additional duties may be assigned based on business needs.
- Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.