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Job Requirements of Commercial Real Estate Paralegal:
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Employment Type:
Full-Time
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Education:
4 Year Degree
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Location:
Uniondale, NY (Onsite)
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Commercial Real Estate Paralegal
Our client is seeking a highly organized and motivated Commercial Real Estate Paralegal to support a team of attorneys and paralegals in a dynamic environment. This role focuses on assisting with various real estate transactions, including loan closings, document management, and post-closing tasks, with minimal travel required. The ideal candidate will be detail-oriented, proactive, and comfortable with independent and collaborative work.
Client Details
The company is a prominent real estate finance organization that specializes in providing tailored lending solutions across various property sectors, such as multifamily, single-family rentals, commercial properties, and more.
Description
- Collaborate closely with senior managers and a team of attorneys and paralegals on complex real estate transactions, including Bridge, Mezzanine, Preferred Equity, Construction, and Single-Family Rentals.
- Coordinate and review post-closing due diligence items, such as title reports and recorded documents.
- Organize and distribute original loan documents within the organization and to third-party custodians.
- Assist in the preparation, review, and execution of loan documents, including handling special projects and participating in closings as needed.
- Draft and record assignment documents for asset transfers into various banking lines, warehouses, and securitization vehicles.
- Develop and maintain systems for organizing and storing documents across various platforms.
Profile
- Education: Paralegal Certificate or Bachelor's Degree.
- Experience: At least 5-7 years in commercial real estate lending, preferably within a mid-to-large law firm or a recognized title insurance company. Experience in banking, warehousing, or securitization is a plus.
Skills and Abilities:
- Proficient in reviewing and auditing due diligence items (e.g., title, survey, organization documents, and UCCs).
- Experienced in handling recordable items such as mortgages and UCC filings.
- Excellent organizational and detail-orientation skills.
- Strong communication skills, both written and verbal.
- Proactive problem-solving abilities and accountability.
- Self-motivated with strong analytical skills.
- Capable of working both independently and as part of a team.
Job Offer
- Travel: Minimal (0-10%) within NYC and Long Island.
- Compensation: Competitive salary with discretionary bonus potential based on performance. The total compensation package includes medical, dental, 401(k), and paid time off 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.