HUD Loan and Real Estate Transaction Paralegal

Job Description

Paralegal – HUD 232 Loan and Real Estate Transactions | Ice Miller LLP

The Tone:
This is a full-time role at Ice Miller, LLP, available in a multi-location environment. The firm is seeking to expand its legal team with a dedicated professional who will be critical in managing complex HUD loan and real estate transactions. This position directly supports the firm’s legal services, ensuring the efficient and confidential handling of time-sensitive materials for clients.

The TL;DR
• Role: Experienced Professional
• Type: Full-time
• Location: Multi-location
• Pay: $80,000–$120,000 yearly
• Mission: This paralegal is essential for supporting the firm’s HUD 232 loan and real estate transactions, ensuring timely and accurate completion of critical legal deliverables.

What You’ll Actually Do
• Draft HUD Loan Deliverables: Draft borrower and operator side deliverables for HUD 232 loans, including organizational documents, lease memoranda, addenda, and estoppels.
• Coordinate HUD Application Submissions: Communicate directly with clients and lender’s counsel to coordinate the delivery of all information required for HUD 232 application submissions.
• Manage HUD Loan Closings: Coordinate the closing process for HUD 232 loans with clients, title companies, and lenders.
• Review and Manage Title: Critically review title reports and policies, including underlying documentation, and manage title curative items with title agents, drafting title objection letters under supervision.
• Prepare Corporate and Lease Documents: Draft corporate organizational documentation like LLC and LP agreements and lease abstracts, filing with appropriate jurisdictions.

The Must-Haves
• Background: Bachelor’s degree required; experienced professional with a comprehensive understanding of HUD loans and real estate transaction management.
• Experience: Previous experience with HUD 232 loans is required, along with practical experience in real estate transaction management.
• Skills: Strong organizational skills, exceptional attention to detail, analytical and critical thinking, ability to take initiative and complete tasks, and effective verbal and written communication.
• Bonus: Paralegal certificate.