Real Estate Paralegal

Bisnow

Bala-Cynwyd, PA

Salary Estimate: $75,000.00 - $99,999.00

Employment Type: Full Time

Work Place: Office

Experience Required: 2+ to 5 years

Education Required: 4 Year College

Job Description

Our SelectLeaders client is a Philadelphia-based real estate private equity firm that specializes in the acquisition and management of opportunistic industrial and flex assets in the Greater Northeast region of the United States.

Founded in 2017, our client brings an institutional approach to their investment strategy, focusing on middle-and upper-middle market B & C Industrial/Flex-product primarily located in the SEPA/SNJ markets. As a fully integrated firm – with internal infrastructure ranging from construction to property management – they deliver an unmatched approach to strategic industrial acquisitions and asset management. The firm currently owns and manages over 9 million square feet of industrial space in the Greater Northeast region.

Primary Responsibilities include (among other duties):

  • Prepare and maintain closing checklists for acquisitions, dispositions, and loan transactions.
  • Order and review title commitments, arrange for purchase of title insurance including applicable endorsements.
  • Review contracts for critical dates; calendar and monitor deadlines.
  • Follow up on post-closing items, including preparation of closing binders.
  • Draft escrow instructions and conveyance docs.
  • Research resale requirements in municipalities for compliance.
  • Prepare/file entity formation documents and obtain EINs.
  • Prepare operating agreements, resolutions, and incumbency documents.
  • Apply for Bulk Sales Certificates, Certificates of Occupancy and related documents.
  • Coordinate execution of signature pages and notarize documents at closing.
  • Coordinate and obtain due diligence materials.
  • Process Service Company invoices.
  • Maintain legal tracker of tasks assigned to the legal department.
  • Assist with litigation matters – track cases/update tracker, coordinate signatures for outside counsel, and maintain electronic versions of filed documents.

Qualifications:

  • Bachelor's Degree and/or Paralegal Certificate
  • Active Pennsylvania notary commission
  • 3-5 years supporting a Commercial Real Estate practice group in a law firm or in-house environment. 
  • Ability to work well independently and as part of a team.
  • Excellent verbal and written communication skills, including the ability to communicate effectively in a virtual environment.
  • Ability to manage workflow and work under tight deadlines and other time constraints with competing and shifting priorities.
  • Very strong computer skills, especially Microsoft Word, Excel, Google Suite, and Adobe Acrobat
  • Strong sense of urgency and professional dedication
  • Strong project management skills
  • Disclaimer: This represents a broad overview of the Real Estate Paralegal position and is not intended to be an all-inclusive job description, but a highlight of key functions and expectations. The position is full-time, in-office. The position will work closely with all members of the VVP transactional team and will report to the principals. 

Benefits:

  • Competitive pay.
  • Paid holidays and vacation.
  • Access to medical, vision, dental insurance, and 401k with company match.
  • Collegial and casual work environment.
  • Potential bonus and investment opportunities.

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