Paralegal

Multi-Family Residential Loan Transactions Paralegal

Job Description:

Real Estate Development Company is a dynamic leader in the real estate development industry, specializing in acquiring, developing, and managing multi-family residential properties. We are seeking a highly motivated and detail-oriented Paralegal to join our in-house legal team. The primary responsibility of this role is to coordinate multi-family residential loan transactions, ensuring smooth and efficient processing from start to finish. The ideal candidate will have a strong background in real estate transactions, particularly in handling loan documentation and closings.

Key Responsibilities:

·         Manage the preparation, review, and organization of loan documents for multi-family residential projects.

·         Review loan terms and conditions to ensure compliance with company policies and regulatory requirements.

·         Facilitate clear communication between internal teams, lender’s legal counsel, lenders, and other stakeholders to facilitate timely and accurate completion of transactions.

·         Monitor transaction timelines and milestones to meet deadlines and ensure smooth progress.

·         Prepare closing binders and coordinate the closing process, including document recording and fund disbursement.

·         Conduct due diligence and research on properties, including title searches, zoning issues, and environmental assessments.

·         Maintain accurate records and documentation related to loan transactions and update internal databases as necessary.

·         Provide administrative support to the legal department and other teams as needed.

Qualifications:

·         Bachelor's degree and/or Paralegal certification preferred.

·         7 years of experience in real estate transactions, with specific experience in multi-family residential loan closings.

·         Strong understanding of loan documentation, title insurance, and closing processes.

·         Excellent organizational skills with the ability to prioritize and manage multiple tasks simultaneously.

·         Detail-oriented with a commitment to accuracy and quality.

·         Excellent verbal and written communication skills, capable of professional interaction with both internal and external stakeholders.

·         Proficiency in Microsoft Office Suite (Word, Excel, Outlook) and familiarity with legal research tools and databases.

Benefits:

·         Competitive salary commensurate with experience.

·         Comprehensive benefits package including health, dental, and vision insurance.

·         401(k) retirement savings plan with partial company match.

·         Paid time off and holidays.