Multifamily Paralegal

Troutman Pepper Locke LLP; New York (NY); On-site; USD 120,000 - 140,000; Full time

Job summary

Troutman Pepper Locke LLP in New York, NY, is seeking a seasoned Multifamily Paralegal to support the Multifamily Housing Finance Group. You will review and analyze title and survey on multifamily properties, with emphasis on Fannie Mae and Freddie Mac transactions, and manage deadlines and billables.

This role requires a bachelor’s degree and at least ten years of experience in commercial real estate title and survey, familiarity with ALTA/NSPS, and the ability to work both independently and as

Qualifications

• Bachelor’s degree or equivalent
• Minimum ten years of experience with commercial real estate transactions, specifically title and survey
• Commercial title and survey experience, ALTA and NSPS
• Fannie Mae and/or Freddie Mac experience strongly preferred

Responsibilities

• Review and analyze title and survey for commercial real estate loans, including Fannie Mae and Freddie Mac transactions
• Maintain current knowledge of commercial real estate lending guidelines
• Perform paralegal duties as directed by group leader and attorneys
• Monitor and meet loan closing deadlines
• Comply with ethical guidelines governing the practice of law
• Maintain firm files using the document management system
• Track and record billable time meeting minimum requirements
• Prioritize daily workload and communicate when unable to meet deadlines
• Record both billable and nonbillable work daily

Skills

Organizational skills

Writing skills

Teamwork

Attention to detail

Time management

Communication

Professionalism

Initiative

Independent working

Education

Bachelor’s degree

10+ years commercial real estate experience

ALTA/NSPS experience

Fannie Mae/Freddie Mac experience preferred

Tools

N/A

Job description

We are always seeking talented, motivated, growth-minded, and creative individuals. Our firm is committed to providing employee support and advancement, while embracing inclusion and innovation as keys to a stronger future.

The Multifamily Housing Finance Group represents lenders active in the multifamily housing industry with a focus 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 the review and analysis of title and survey on multifamily housing properties demonstrating a thorough knowledge of title and survey. There is a billable hours component to this position.

Essential Duties And Responsibilities

• Conduct title and survey review and analysis, specifically 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 meeting minimum billable hour requirements.
• Maintain and prioritize work daily and communicate if unable to meet daily responsibilities.
• Daily tracking and recording of both billable and nonbillable work.

Knowledge, Skills, And Abilities

• Demonstrate strong organizational and writing skills.
• Demonstrate good teamwork skills within and among practice groups, offices and firm to facilitate efficient delivery of legal services.
• Receive and follow complex instructions.
• Juggle multiple assignments in a fast-paced team-oriented environment.
• Possess impeccable attention to detail, along with strong problem solving and analytical skills.
• Ability to adapt to changing assignments and priorities with readiness.
• Willingnenss to learn and develop new skills.
• Be a self-starter, detail-oriented with exceptional verbal and written communication skills.
• Consistently exhibit a high degree of professionalism.
• Demonstrate initiative in completing routine assignments with minimal supervision.
• Ability to work independently and collaboratively while managing a large workload in a fast-paced work environment.
• Ability to provide quality service to both internal and external clients effectively in order to build strong relationships.
• Availability to work overtime when necessary.

Education And/or 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, law firm, or title company.
• Commercial title and survey experience, specifically ALTA and NSPS.
• Fannie Mae and/or Freddie Mac experience strongly preferred.

The Firm will comply with any 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. The statements contained in the position description are not necessarily all-inclusive and additional duties and responsibilities may be assigned as determined by business needs.

This position description does not constitute a written or implied contract of employment.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

By applying for this position, you agree and understand that Troutman Pepper Locke will process your Personal Information pursuant to the terms of our Worker and Applicant Global Privacy Notice. If you have questions about our data handling practices, or you are a resident of California, the United Kingdom, or the European Union and wish to exercise your privacy rights, please contact us at [e-mail].

Troutman Pepper Locke adheres to a policy of equal opportunity and will make all employment decisions, which include hiring, promotion, transfer, demotion, evaluation, compensation and separation, without regard to race, color, religion, sex, age, sexual orientation, gender identity or expression, national origin, pregnancy, citizenship, disability, genetic information, marital or armed forces status and any other classification as protected by law.

Compensation is dependent on several factors, such as position, location, market, education, training, and/or experience.

Hiring Salary Range

$120,000.00 - $140,000.00