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Director of Legal and Compliance

4 months ago

Lincoln, United States Hoppe Development Full time
Job DescriptionJob DescriptionSalary: $130,000 to $160,000

PURPOSE OF POSITION: Primarily responsible for legal activities for the Company, its affiliates and all managed properties, as applicable, in collaboration with the General Counsel, an experience real estate and finance attorney. In addition, oversee all elements of financial program compliance as it relates to Low Income Housing Tax Credits and federal funding programs.

This role will serve as a creative and business-minded legal resource to support all elements of real estate development, syndication, construction and management and become a leading legal practitioner in the affordable housing development space. Secondarily responsible for taking on a role in the development process and participating as an active member on the development team, including evaluating development opportunities and managing acquisition diligence.


COMPANY OVERVIEW: Hoppe Development is a private office real estate development and investment firm with construction and long-term management capabilities. It is a leader in solving the housing affordability crises throughout the Midwest and finds innovative new structures and products that help communities address their most challenging housing needs. In the past three years, the Company has achieved substantial growth, and has over $150M in active projects in the development pipeline that represent transformative impact to communities throughout the state.


NATURE AND SCOPE:

Position Location: In the corporate office located at 5631 S. 48th St, Suite 220, Lincoln, Nebraska

Essential Functions:

  • Support the General Counsel on all all legal activities for the Companies
  • Lead real estate project financings, including low income housing, historic, or other tax credit syndications, traditional equity financing, and debt financings and refinancing
  • Understand and translate program compliance obligations into operational milestones and manage our compliance relationship with state and federal financing agencies
  • Negotiate purchase agreements for land and project acquisition and disposition
  • Work as a part of the team on the formulation and implementation of strategy, both for individual properties and for the firm as a whole
  • Review all contracts, including development agreements, construction general contracts and subcontracts, and management agreements
  • Engage and direct outside counsel for specialties or foreign jurisdictions
  • Take on operating role as fitting experience and interest, including participation on other elements of project design and execution
  • Participate in corporate political advocacy whether local, state or federal
  • Perform other related duties as required

Scope of Legal Acumen:

  • General contract
  • Low-income tax credits
  • Other tax incentivized real estate activities
  • Real estate acquisition transactions
  • Zoning and entitlement to disposition
  • Construction
  • Fair housing
  • Landlord tenant
  • Federal and state housing programs
  • Real estate finance
  • Community redevelopment
  • Pass-through entities

Direct Supervisor: This position reports to the Chief Executive Officer and General Counsel.

Desired Education, Knowledge, and Skills:

  • Juris Doctor, active law license
  • Minimum of 4 years experience at a law firm with exposure to issues in real estate transactions
  • Title and commercial closing experience desired
  • Ability to prioritize multiple tasks and evaluate and implement strategy from a legal perspective
  • Working knowledge of real estate or construction related contracts and transaction procedures common in the industry
  • Personal traits of a high-level commitment, motivation, energy, team orientation, professionalism, trust, personal honesty and integrity, and a demonstration of placing others in a place of high value.
  • Ability to communicate professionally in various forms with forums, customers, associates and the general public, and ability to contribute to a strong team culture

BENEFITS:

We are committed to offering a competitive salary and benefit package, including health, dental, vision, life, and long-term disability insurance, paid time off, parental leave, 401(k) matching, and appropriate work/life balance.