Overview
This role 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 Multifamily Housing Finance group and will be responsible for reviewing and analyzing title and survey for multifamily housing properties, demonstrating thorough knowledge of title and survey. The position includes a billable hours component.
Responsibilities
- Conduct title and survey review and analysis for commercial real estate loans, including but not limited to 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 utilizing the document management system
- Track and record client-billable time as required to meet minimum billable hour requirements
- Maintain and prioritize work daily and communicate if unable to meet daily responsibilities
- Track and record both billable and nonbillable work daily
Requirements
- 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, law firm, or title company
- Commercial title and survey experience, specifically ALTA and NSPS
- Fannie Mae and/or Freddie Mac experience strongly preferred
Knowledge, Skills, and Abilities
- Strong organizational and writing skills
- Good teamwork skills within and among practice groups, offices, and the firm to facilitate efficient delivery of legal services
- Ability to receive and follow complex instructions
- Ability to juggle multiple assignments in a fast-paced, team-oriented environment
- Impeccable attention to detail, with strong problem-solving and analytical skills
- Ability to adapt to changing assignments and priorities with readiness
- Willingness to learn and develop new skills
- Self-starter with strong verbal and written communication skills
- High degree of professionalism
- Initiative in completing routine assignments with minimal supervision
- Ability to work independently and collaboratively while managing a large workload in a fast-paced environment
- Ability to provide quality service to internal and external clients to build strong relationships
- Availability to work overtime when necessary
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.
Location
- This employer will comply with any applicable city or state workplace mandates in effect in regards to Covid-19.
Additional Information
- Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- 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.
- This position description does not constitute a written or implied contract of employment.