Real Estate Paralegal

2 weeks ago

Stamford, United States Atlantic Group Full time

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 PARALEGAL

Position 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 needed

Essential 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:

Bachelors 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 Off

ID: 41385

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