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Senior Assistant General Counsel - Real Estate

Chicago, IL
Full Time
02-26-2021
Practice Areas: Real Estate Exp.: 10+ Years
Description:
The responsibilities of the Senior Assistant General Counsel position in the Real Estate Division of the Office of the General Counsel will include: negotiating, drafting, reviewing or revising real estate transactional and other real estate related documents including restrictive covenants, regulatory agreements, owner partnership and related operating agreements, property management agreements, leases, purchase and sale contracts, intergovernmental agreements, easements, leases, licenses, and right of entry agreements. Additionally, the Senior Assistant General Counsel position will have responsibility of providing counsel, guidance and information to internal departments related to regulatory compliance associated with multi-layer financing, and ownership structures involving both commercial and residential development projects.

Summary of Primary Accountabilities
  • Manage the closing process of real estate transactions and preparation of various closing documents.
  • Review real estate development and/or acquisition procurement related to solicitation documents and provide advice and counsel for the procurement process.
  • Provide advice and counsel on contract interpretation, modifications/amendments, regulatory compliance issues, review Board agenda matters, ordinances and investigate property ownership and title documents.
  • Assist with the resolution of property tax exemption/abatement matters and other duties as may be required.
  • Work with and have the ability to facilitate discussions with internal and external groups and interact with senior-level staff.
  • Provide counsel and guidance with respect to various U.S. Department of Housing and Urban Development (HUD) regulations, State of Illinois statutes and CHA policies.
  • Research legal issues, draft legal recommendations/opinions and assist in the development of policies and procedures that guide operations of the CHA.

Education and Experience Requirements:
  • Academic Level: Juris Doctorate Degree
  • Industry Experience: Other industries not listed

Additional Requirements:
A Juris Doctorate Degree, admission to the Illinois Bar and a minimum of 10 years’ experience required. Significant experience in real estate law and prior experience handling complex real estate matters involving mixed financing sources preferred. Knowledge of public housing program requirements, Housing Choice Voucher regulations, the Illinois Housing Authorities Act, the 1937 Housing Act, Low Income Housing Tax Credit Program, Tax-Exempt Municipal Bond financing, other public finance source requirements, relevant Code of Federal Regulations, HUD regulations and HUD Rental Assistance Demonstration (RAD) Program is also preferred. Familiarity with municipal intergovernmental relationships and agreements a plus. Additional requirements include: strong written and oral communication skills, solid analytical and research skills and strong drafting skills. Must be a team player, readily able to adapt to and provide legal support for a dynamic environment.





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