Real Estate Paralegal

The Atlantic Group has partnered with a private equity real estate firm based in Stamford, CT. They have an immediate need for a Commercial Real Estate Paralegal to join their team.COMMERCIAL REAL ESTATE PARALEGALPosition Overview: The Commercial Real Estate Paralegal will serve as a key contact for all lease-related legal matters across the company portfolio. This position will report to the Managing Director - Leasing and work closely with the Construction/Property Operations, Accounting, and Acquisitions departments, as well as tenants and outside counsel.Work Schedule: 5 days a week in office but flexible when neededEssential Functions: • Assist with all tenant negotiations, including but not limited to new lease agreements, renewals, amendments, assignments, SNDAs, NDAs, franchise agreements, defaults, terminations, and settlements • Work with outside counsel on national tenant lease negotiations, as well as on compilation of lease exhibits and due diligence materials • Draft all lease documents, legal notices, waiver requests, and all formal Landlord notices, requests or approvals • Review and redline LOIs, providing recommendations on proposed terms and language • Review tenant-prepared lease documents • Assist with processing tenant option notices and renewals • Maintain lease, exclusive use, prohibited use, and restriction abstracts • Assist with due diligence process on Assignment applications, financial review and proposals; conduct initial legal review of existing lease and legal outline • Conduct lease reviews and prepare Tenant Estoppels and SNDAs associated with property acquisitions, dispositions, and refinances • Serve as a key contact for Yardi Retail Manager with respect to deal input and workflow processing • Maintain accurate lease data and tenant contact information across Yardi, Outlook, and backup files • Monitor and track unit status, shopping center occupancy thresholds, leasing activity history, lease expiration dates, completed deals, and dead deals across the company portfolio • Track key dates from lease execution to delivery of possession, timing on plans, permits and rent commencement; preparing and sending Rent Commencement Letters/CDAs • Communicate tenant lease activity and distribute copies of lease documents and notices to relevant parties • Maintain company standard lease forms, amendments and templates, updating language as needed • Maintain standard Lease exhibits, sign criteria, etc. Qualifications: • Bachelor's degree from an accredited college or university • 3-5+ years of Paralegal experience within the retail real estate industry. Prior experience working with national and regional retailers is a plus • Prior experience drafting lease agreements and negotiating terms with tenants and outside counsel • Prior experience working with Yardi and/or other similar real estate industry software products • Ability to adapt quickly to new technology and work with others in implementation of new assignments • Proficient in Excel, Word, and PowerPoint Benefits: Flexible work schedule when needed. Annual performance bonus. Health, Dental, Vision insurance; Life and AD&D, Long Term Care, Short Term Disability and Long Term Disability insurance; 401(k); Paid Time OffID: 41385

Created: 2024-11-09