Senior Closing Manager

National Church Residences; United States; Hybrid; USD 110,000 - 160,000; Full time

Benefits offered by this job

Medical & Rx

Health Savings Account

Parental Leave

Dental & Vision

Life & AD&D

Well-being program

Retirement plan

PTO & Holidays

Job summary

National Church Residences seeks a Senior Closing Manager to lead complex LIHTC real estate closings and advise the Development team on closing deliverables and processes. You will review and draft key documents, manage outside counsel, and drive timelines across multifamily acquisitions and developments.

You will coordinate with originations, preconstruction, paralegal and attorney teams, ensuring compliance and minimizing risk, while leading a collaborative closing team in a hybrid Central

Qualifications

• Paralegal Certificate required with 5+ years closing multifamily affordable housing deals.
• JD preferred with 3+ years closing multifamily affordable housing deals.

Responsibilities

• Review, negotiate and approve development-related legal documents and resolve issues.
• Advise the development team on LIHTC, HUD, financing, title and survey issues.
• Lead the financial closing process for complex transactions and coordinate with partners.
• Assign tasks to originations, preconstruction, paralegals and attorneys to meet deadlines.
• Monitor outside counsel and approve legal invoices to ensure proper billing.
• Promote and participate as a team member of the Development group.

Skills

Microsoft Office

Communication

English fluency

Self-direction

Team leadership

Emotional intelligence

Education

Paralegal Certificate

Juris Doctor (JD) preferred

Job description

Job Description:

PURPOSE

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.

ESSENTIAL FUNCTIONS

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.

EXPECTATIONS

Demonstrates and maintains a collaborative, professional manner. Manages time efficiently and effectively. Provides leadership as a role model to promote a team approach, collaborates and participates in policy creation and appropriate problem-solving methods. With respect to Resident Rights, ensures all care is provided with respect and dignity for the residents/clients, their families and the staff. Reports all complaints made by residents/clients and/or families to the appropriate supervisors, reports all allegations of abuse, misappropriation of funds/resident property and/or any other corporate compliance, drug free workplace, safe work practices, all federal, state and local regulations and laws. Performs other duties as assigned.

Education & Experience

Paralegal Certificate required with a minimum of 5 years of experience closing multifamily affordable housing real estate transactions. Juris Doctor (J.D.) preferred with a minimum of 3 years of experience closing multifamily affordable housing real estate transactions.

Skills

• 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).

Travel

Minimal, 2-4 times per year for conferences and/or organizational events

Licensure

Must be a registered attorney or paralegal in good standing.

Location

This Hybrid role works at our Central Ohio office Tuesdays, Wednesdays and Thursdays, then at home on Mondays and Fridays.

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 and Parental Paid Leave at 100% (Programs vary depending on Full Time, Part Time or Contingent Status)
• #LI-TS1

Equal Opportunity

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, ancestry, military status, disability, genetic information and/or any other characteristics protected by applicable law.

National Church Residences serves more than 46,000 seniors through our array of housing and health care services. Our organization is driven by a vision to advance better living for 100,000 seniors by 2030, wherever they call home. With more than 360 communities across the U.S., we are the nation’s largest nonprofit provider of affordable senior housing and the largest manager of service coordinators. We also offer residential senior communities, home and community-based services, as well as permanent supportive housing for the formerly homeless and disabled. National Church Residences believes in finding, recruiting, developing, and rewarding talent. We hire people with the greatest potential and then we give them the resources they need to do their best work and grow. Our employees care about each other and they enjoy working in an environment that encourages their performance at the highest levels.