Real Estate Paralegal - Acquisitions, Transactions

Realty Income Corporation • San Diego, CA

5d • $38 - $60 • Hybrid

About The Position

Realty Income is seeking a Real Estate Paralegal to join their Legal team. This role will partner closely with real estate attorneys to support a wide range of legal matters, working alongside other paralegals, legal assistants, and external partners. The position involves keeping transactions and legal processes moving smoothly, and providing guidance and mentorship to paralegals and legal assistants. This role offers the opportunity to contribute to complex real estate work and foster a supportive, high-performing team environment.

Requirements

• Advanced technical and legal research skills.
• Strong proficiency in Outlook, Word, Excel, and Copilot.
• Highly organized, reliable, and able to manage shifting priorities while delivering accurate, timely work.
• Strong analytical thinking and legal drafting capabilities across basic to advanced documents.
• Effective communicator and collaborative professional, able to work independently, lead support staff, and operate with minimal supervision while taking initiative.
• Approximately 6+ years of relevant and on-point legal experience.
• Combination of education, training, experience, skills and other characteristics that would provide the requisite knowledge and abilities in support of the essential job functions.
• A paralegal certificate from an ABA approved school (or otherwise meet the requirements of AB1761 or state equivalent).

Nice To Haves

• Serve as a notary public (pursuant to California regulations for appointments).

Responsibilities

• Work with and under the supervision of attorneys in leading and closing Acquisition and Development transactions.
• Train and supervise paralegals and paralegal assistants, and coordinate workflow among them.
• Organize and manage Acquisition property and diligence files.
• Coordinate engagement of third-party service providers.
• Review and prepare summaries of third-party reports (e.g., Environmental Reports, Zoning Reports, Property Condition Surveys, Geotechnical Reports, Appraisals, etc.).
• Coordinate, instruct, and review diligence items with outside law firms.
• Assist with the preparation of initial document drafts, including purchase and lease documents, other acquisition and development documents, document exhibits, document amendments and easements, and closing documents.
• Order/obtain title insurance commitments.
• Coordinate review and mark-up of title commitments and proformas.
• Review comments on title exception documents.
• Coordinate title objections and resolutions with attorneys and the Title Company.
• Coordinate and negotiate endorsements.
• Coordinate survey review and corrections.
• Preliminarily draft and/or review closing documents, including supplemental escrow instructions, settlement statements, deeds, affidavits, etc.
• Assemble closing documents.
• Coordinate with Title Company and seller's attorney.
• Review files and coordinate entry and approval of property-related information into Source2Book.
• Confirm all Legal Assistant post-closing tasks have been completed and assist with these tasks as needed.
• Organize and manage the handoff of development files to the Project Manager for management and the drawing process.
• Coordinate the update of the project with the Project Manager on the development process and progress to update the rent accordingly.
• Assist with closing development files, coordinating with the Project Manager to confirm receipt of all final documents needed to complete final funding and revisions to SharePoint and/or Yardi.
• Coordinate the pulling of files and documents as needed for auditing.
• Assist attorneys and Legal Coordinator with corporate records retention.
• Assist attorneys with ongoing document retention, including uploading to SharePoint of new and ongoing matters.
• Gather appropriate information as needed for the Quarterly Audit Review.
• Serve as a notary public (pursuant to California regulations for appointments).
• Work with and under the supervision of attorneys in handling a variety of Portfolio Management matters.
• Document review, preparation of initial drafts (and re-drafts), analysis and documentation for Portfolio Management matters.
• Review, process, and work with Leasing and Disposition Directors, Manager of Easements and Condemnations, and/or Property Managers, tenants, and other parties on condemnations and easements, rights of way, rights of entry, and similar agreements affecting title and access to properties.
• Handle notices received from government entities regarding zoning matters, public improvements, and similar concerns.
• Review Property Management contracts.
• Assist with disposition transactions, including assisting buyers with due diligence and title, closing, and post-closing tasks.
• Handle tenant bankruptcies.
• Review and interpret REA issues and other similar title documents.

Benefits

• healthcare
• dental
• vision insurance
• 401(k)-retirement plan with a company match of 50% up to 6% of eligible compensation
• wellness benefits
• financial benefits
• work/lifestyle-specific benefits
• generous PTO accrual
• 12 paid holidays
• paid volunteer time

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Associate degree