Real Estate Paralegal

New York, NY and/or Montclair, NJ

Job Description & Key Responsibilities

  • Create repeatable, tech-forward processes for transactions
  • Facilitate a seamless loan underwriting and closing process and interface directly with all relevant parties (including outside counsel, borrower’s counsel, third-party vendors and in-house teams) to ensure smooth transactions
  • Efficiently manage deal pipeline
  • Review, analyze and prepare memos on all aspects of title insurance commitments, exceptions, endorsements and policies; survey and legal descriptions; and property zoning
  • Generate documents from templated forms using Firm software/technology, and assist with review of Borrower comments to documents
  • Perform due diligence on loans/properties, including property zoning or other governmental searches, background on borrowers, lease reviews, etc., and coordinate third-party vendors (such as environmental, appraisers, property inspectors and insurance consultants)
  • Manage entire closing process from loan approval through post-closing documentation/trailing items, including document preparation, review and coordination with all relevant parties
  • Prepare closing binders, faciliate checklists, and coordinate with all parties
  • Assist and support all principals (key internal resource) 

Qualifications

  • 4+ years of experience representing lenders in connection with commercial real estate transactions
  • Firm lends $1MM – $10MM (stabilized and bridge) on multifamily and mixed-use properties. Comparable experience strongly preferred.
  • Experience managing CRE loans from cradle to grave, including running closings, handling NY CEMA’s and related issues, determining title endorsements, etc.
  • Undergraduate degree from very good school and/or impressive grades/track-record academically
  • Paralegal certificate strongly preferred
  • Able to work from NYC office on a hybrid basis
  • Extensive experience with loan documentation, title and survey
  • Very strong organizational skills
  • Excellent analytical, communication, project management and multi-tasking skills
  • Superior verbal and written communication skills 

Characteristics

  • Tech-forward
  • Extremely Organized (Type A Personality)
  • Detail-Oriented
  • Passionate (about career/job)
  • Intellectually curious (truly interested to learn)
  • Desire to truly engage with business and contribute to company growth
  • Willingness to work longer hours when necessary
  • Willingness to answer emails, when necessary, past 9-5 hours
  • Resourceful/self-starter/independent/pro-active
  • Ability to handle multiple tasks, deals, and people
  • Team-player with an all hands on deck attitude 

Compensation & Benefits

  • Base Salary: Targeting $80,000.00-$140,000.00 annually, plus bonus, commensurate with experience
  • Bonus: Performance-based and commensurate with experience
  • Medical, dental and vision insurance
  • Company 401K Plan (with partial matching of employee contributions)
  • Generous PTO
  • Flexible work schedule

#LI-Hybrid

 

 

Job Type: Full-time, Hybrid

Salary: $80,000.00-$140,000.00 annually, plus bonus, commensurate with experience

Date Active: 6.30.2024

Exempt/Not Exempt: Exempt

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