Revantage

Sr. Real Estate Paralegal

Job Locations US-CA-Los Angeles
Job Post Information* : Posted Date 2 months ago(2/23/2024 8:33 AM)
ID
2024-6371
# of Openings
1
Category
Legal

Overview

April Housing is a leading owner and operator of high-quality affordable housing throughout the United States. Founded in 2022 and headquartered in Los Angeles, April Housing is the asset management business that oversees Blackstone's affordable housing and LIHTC portfolio. April oversees a portfolio of over 85,000 affordable housing units in approximately 650 communities. April Housing seeks to preserve critical affordable housing stock while providing best in class management and high-quality housing. April is committed to being a fair, transparent, and responsible owner.

 

April Housing’s long-term commitment to owning affordable housing is supported by Blackstone Funds, predominantly BREIT, a non-listed REIT. This perpetual capital vehicle provides April with a patient and flexible source of capital and plays a critical role in enabling the creation and preservation of more affordable housing. In addition to managing a growing portfolio, April Housing will ensure assets in the existing portfolio remain affordable and in compliance with all rent regulations while making significant improvements and aligning the operations with April Housing's Standards of Excellence in Residential Operations.

 

In its pursuit of excellence, April Housing is looking for individuals who share in its mission to provide high-quality housing to affordable residents.

 

As of the date on which this job advertisement is posted, the Company anticipates that the base salary range for this role is $115,000- $130,000 (this represents the presently-anticipated low and high end of the Company’s base salary range for this position). This position is also eligible for discretionary bonus on an annual basis. Actual base salary range may vary based on various factors, including but not limited to location and experience.

Responsibilities

The person in this position will assist in-house attorneys with various aspects of low-income housing tax credit (LIHTC)-financed real estate transactions, including LIHTC transactional work and general real estate work involved in the acquisition and disposition of real property during and after the LIHTC tax credit compliance period.

This position will collaborate directly with all members of the Legal Department and will report directly to the Assistant General Counsel.  The ideal candidate will have 5-10 years of relevant real estate and finance experience and a strong background in all aspects of real estate transactions (experience with tax credit-financed transactions and/or other affordable housing financing programs is preferred but not required).

 

What you will do:

  • Assisting attorneys with all aspects of real estate transactions and closings
  • Conducting real estate due diligence reviews (including review of title, surveys, zoning, lease, closing and property/ownership boundaries)
  • Reviewing and drafting organizational documents
  • Reviewing, drafting and editing documents for closing (including purchase agreements and related documents)
  • Drafting and maintaining closing checklists
  • Coordinating closing documents and preparing closing binders
  • Conducting legal research and preparing memoranda
  • Other duties and projects, as assigned

Qualifications

What you should have:

  • Bachelor's degree
  • At least 5+ years of legal real estate experience in a law firm or in-house legal department
  • Transactional experience, including financing, purchase and sales transactions, and leasing required
  • Experience with title and survey review
  • Familiarity with general corporate structures
  • Experience with and knowledge of accepted practices and procedures for reviewing title work, surveys, zoning ordinances, and insurance certificates and policies.
  • Legal research and writing skills with a strong attention to detail.
  • Strong interpersonal and organizational skills.
  • Ability to work independently with minimum supervision and collaborate effectively as part of a team or working group.
  • Demonstrated ability to work productively and accurately in a demanding environment with multiple projects and important deadlines.
  • Ability to communicate, both orally and in writing, in an effective and diplomatic manner
  • Experience with and knowledge of the following is helpful but not required:
    • Multifamily projects and affordable housing legal documentation, federal insurance programs such as FHA multifamily, tax-exempt bonds, and the Low-Income Housing Tax Credit

 

EEO Statement

The Company is an equal opportunity employer. In accordance with applicable law, we prohibit discrimination against any applicant, employee, or other covered person based on any legally recognized basis, including, but not limited to: veteran status, uniformed servicemember status, race, color, caste, immigration status, religion, religious creed (including religious dress and grooming practices), sex, gender, gender expression, gender identity, marital status, sexual orientation, pregnancy (including childbirth, lactation or related medical conditions), age, national origin or ancestry, citizenship, physical or mental disability, genetic information (including testing and characteristics), protected leave status, domestic violence victim status, or any other consideration protected by federal, state or local law. We are committed to providing reasonable accommodations, if you need an accommodation to complete the application process, please email talent@revantage.com.

 

#LI-MS1 #LI-Hybrid

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