Paralegal, Commercial Real Estate - Hybrid
Chelsea Search GroupChicago, Illinois
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Overview
Schedule
Full-time
Career level
Senior-level
Remote
Hybrid remote
Job Description
Paralegal, Commercial Real Estate - HybridA top-rated law firm is seeking a Real Estate Paralegal to provide semi-autonomous, complex support to attorneys on an industry-leading team representing lenders, loan servicers and investors in all aspects of commercial real estate transactions. Paralegal will be an integral part of the team and assist attorneys in all aspects of commercial real estate finance transactions, as well as client development and practice management. The Paralegal will provide workflow coordination duties and will work under the direction of attorneys and perform miscellaneous duties as assigned.ESSENTIAL JOB FUNCTIONS:
- Draft loan documents and ancillary documents, including: ancillary deal documents for assumptions, transfers, lien releases, certificates, resolutions, schedules, legal opinions, closing checklists
- Review closing documents, including: deeds, memoranda of leases, easements, promissory notes, deeds of trust, security agreements, UCC financing statements, subordination and intercreditor agreements, assignments, loan agreements, estoppels certificates, SNDA's, resolutions, incumbency certificates, certificates of trust and opinion letter drafts
- Familiarity with pooling/servicing agreements, grantor trust agreements and securitized loan documents a plus
- Coordinate and manage data rooms, due diligence materials, signature packets, executed documents, and closing sets
- Draft closing instruction letters and coordinate closings related to loans secured by real estate and other collateral
- Review settlement statements for real estate transactions
- Assist with filing and recording of closing documents and prepare closing binders
- Review title insurance commitments, restrictive covenants, easements, title policies, title endorsements and surveys; prepare detailed title and survey summaries and comments to proforma lenders policies of title insurance
- Order and review due diligence documents and entity formation and registration documentation
- Prepare critical date lists and manage transaction calendars
- Review and prepare various corporate documents, including LLC and LP agreements, bylaws, stock certificates and transfers, subscription agreements, resolutions, secretary's certificates, S election applications and tax identification number applications and articles of formation and dissolution
- Provide quality control and deadline management
- Provide back-up support to team, department and floor for coverage and project assistance as needed
- Bachelor’s degree and/or paralegal certificate preferred but not required
- Minimum of 5 years' experience
- Extensive knowledge of computer systems and programs including Microsoft Office Suite
- Extensive knowledge of legal terminology, processes and definitions
- Excellent verbal, written and interpersonal communication skills
- Service orientation and teamwork skills
- Excellent organizational, time management skills; ability to prioritize and meet deadlines
- Attention to detail; excellent editing and proofreading skills
- Excellent analytical skills
- Ability to identify problems and propose creative solutions
- Ability to balance multiple complex tasks
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FAQs About Paralegal, Commercial Real Estate - Hybrid Jobs at Chelsea Search Group
What is the work location for this position at Chelsea Search Group?
This job at Chelsea Search Group is located in Chicago, Illinois, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at Chelsea Search Group?
Employer has not shared pay details for this role.
What employment applies to this position at Chelsea Search Group?
Chelsea Search Group lists this role as a Full-time position.
What experience level is required for this role at Chelsea Search Group?
Chelsea Search Group is looking for a candidate with "Senior-level" experience level.
What is the process to apply for this position at Chelsea Search Group?
You can apply for this role at Chelsea Search Group either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.