Paralegal, Real Estate Finance

Ballard Spahr LLP • Seattle, WA

2d • Hybrid

About The Position

Ballard Spahr is seeking a paralegal in their Seattle office to join their nationally recognized real estate finance team. This team represents clients in structuring, documenting, closing, servicing, and restructuring real estate loans. The position is hybrid, requiring 3 days a week in the Seattle office. The role involves preparing documentation for closings, drafting loan and assignment documents, conducting due diligence, reviewing organizational charts, coordinating with third parties, preparing UCC statements, managing online sites, researching databases, and independently managing components of transactions under attorney supervision. The paralegal will remain actively engaged on assigned transactions, anticipating needs and supporting the deal team.

Requirements

• Minimum of 3 years prior experience as a paralegal in real estate finance or transactional finance including title and survey review.
• Demonstrated ability to track and follow through on diligence and closing items with strong attention to detail and organization.
• Intermediate level of technical proficiency in Microsoft Office applications (including Excel) and document management systems.
• Excellent attention to detail and the ability to work collaboratively as part of a strong, cohesive team.
• Experience supporting multiple concurrent transactions in a fast-paced, deadline-driven environment.
• Demonstrated ability to track and follow through on diligence and closing items with strong attention to detail and organization.

Nice To Haves

• Experience with multi-family, Freddie Mac, Fannie Mae, and secured lending transactions involving commercial real estate commercial asset classes is highly preferable.

Responsibilities

• Preparing documentation for closings, including organizing, proofreading, and assembling documents, coordinating and managing signature packages, and maintaining large deal files for transactions involving multiple properties.
• Drafting loan and assignment documents; assist with drafting of loan servicing memoranda.
• Conducting due diligence, including review of title commitments, surveys, UCC and other lien searches, zoning and environmental reports, and tracking related issues through resolution.
• Reviewing organizational charts and entity documents to identify relevant entities and support diligence and closing requirements (including determining appropriate search parties and signatories).
• Coordinating with title companies and other third parties in connection with title, survey, and zoning matters.
• Coordinating closing and post-closing logistics including closing binders.
• Preparing UCC Financing Statements.
• Managing online SharePoint sites.
• Researching industry databases, publicly available information from local governments and other sources, and applicable law.
• Independently managing discrete components of transactions under attorney supervision, including tracking diligence and closing workstreams and ensuring follow-through on open items.
• Remaining actively engaged on assigned transactions, anticipating needs and stepping in as needed to support the deal team.

Benefits

• medical, dental, vision, and life insurance
• health savings accounts
• flexible spending accounts
• short and long-term disability
• a 401(k)-retirement savings plan
• paid time off
• sick leave
• paid holidays
• an employee assistance program

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed
• Number of Employees: 501-1,000 employees