Senior Paralegal, Commercial Real Estate

The Senior Paralegal will be working directly with a team of in-house attorneys and paralegals as well as outside counsels and Title companies. The majority of work will be through email and telephone dealing with loan closings, post-closing deliverables, and repo/securitization financing of Multifamily Commercial Real Estate transactions.

Client Details

The client is a real estate investment trust (REIT) that specializes in financing and investing in multifamily and commercial real estate properties. They offer a range of financial services, including multifamily loans, commercial real estate loans, bridge financing, and affordable housing solutions.

Description

The Senior Paralegal will be responsible for the following:

• Collaborate with SVP, Senior Transactions Manager, and legal team on various real estate transactions.
• Efficiently assist with loan document preparation, review, and execution.
• Oversee post-closing due diligence, including title reports and recorded loan documents.
• Manage distribution of original loan documents internally and to third-party custodians.
• Act as relationship manager for collateral processing in banking lines, repurchase facilities, and securitization vehicles; handle post-closing asset transfers.
• Organize and maintain documents across all platforms.
• Lead and develop talent within the department.
• Streamline workflow and improve efficiency through technology and automation.
• Prepare reports tracking REIT CRE, Single Family Rental, and Construction transactions for future financing.
• Liaise with multiple departments to assist with legal operations and notify senior management of concerns.
• Serve as project manager for large-scale, multi-asset transactions.

Profile

The Senior Paralegal should have the following background:

• Preferred: Understanding of CLO and structured finance CRE transactions.
• Experience auditing CRE loan due diligence items (Title, Survey, Organization Documents, recordables).
• Strong organizational skills; manage multiple transactions in CMBS/CRE CLOs, warehouse financing, and balance sheet lending.
• Proficient in Microsoft and Excel.
• Proactive problem solver with accountability.
• Self-motivated and ambitious.
• Excellent analytical and communication skills.
• Open-minded and eager to learn new CRE transaction skills.
• Work independently and collaboratively.

Job Offer

The offer for this successful Senior Paralegal contains a competitive base salary plus benefits.

MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.

Job Requirements: