Closing Associate

Essential Properties Realty Trust, Inc.; Princeton (NJ); Hybrid; USD 90,000 - 120,000; Full time

Benefits offered by this job

401(k)

Health insurance

Job summary

Essential Properties Realty Trust, Inc. is seeking a Closing Associate in Princeton, NJ to coordinate all aspects of the closing process for tenanted property acquisitions.

You will work with Investment and Credit Teams, counsels, and title companies, reporting to the Vice President, Closing and Development. Expect to manage due diligence, closing tasks, and post-closing support, with in-person office presence four days weekly.

Qualifications

• Bachelor's degree and a minimum of 1-2 years of experience in real estate or a similar field; commercial real estate preferred.

Responsibilities

• Coordinate all aspects of the closing process for acquisitions.
• Drive the acquisition process from LOI to close and manage timelines.
• Review due diligence, closing documents, and post-closing support.
• Review and prepare closing settlements and related documents.
• Maintain electronic transaction files and closing documentation.
• Assist with post-closing activities as needed.

Skills

Verbal communication

Written communication

Organizational skills

Under pressure

Team player

Problem solving

Prioritization

Microsoft Office

Software systems

Discretion

Self-motivated

Education

Bachelor's degree

Notary license (NJ) preferred

Tools

Microsoft Office

Job description

Careers

Closing Associate

Position Summary

Essential Properties Realty Trust (NYSE: EPRT) is a publicly traded net-lease Real Estate Investment Trust located in Princeton, NJ that primarily invests in single-tenant, operationally essential real estate assets across a wide variety of industries within the service, retail and industrial sectors throughout the United States.

The Real Estate Closing Associate will coordinate all aspects of the closing process, working closely with the Investment and Credit Teams, existing Closers, Internal and External Counsel, and Title Companies in the acquisition of properties. The Closing Associate will report directly to the Vice President, Closing and Development. Duties will include ordering and reviewing due diligence, closing tasks, and post-closing support for the transactions group; aggregating and storing legal and closing documents; and performing ad hoc or other support functions that may arise.

Responsibilities

• Support Investment and Closing Teams in connection with acquisitions of tenanted properties
• Drive the acquisition process from letter of intent to close, managing timelines and company requirements
• Ability to manage multiple acquisitions simultaneously in a fast-paced environment
• Coordinate all aspects of the due diligence process from engagement of third-party vendors through finalizing deliverables
• Assist with the preparation and completion of closing documents
• Review transaction-related legal documents for accuracy
• Analyze and correspond regarding Phase I Environmental Site Assessments, environmental reports, and related documentation, escalating concerns as appropriate
• Notarize and compile signature packets and delivery of closing, financing and/or legal packages
• Review and work with parties to finalize settlement statements and coordinate funding
• Perform comprehensive insurance reviews and coordinate any certificate/policy change requirements
• Maintain accurate electronic transaction files and closing documentation
• Assist with post-closing activities, as needed

Specific Knowledge & Skills

• Excellent verbal and written communication skills
• Excellent administrative/clerical organization skills
• Flexibility and ability to react to immediate business needs under pressure
• Enthusiastic, positive, client-focused and driven team player with the ability to solve problems, take initiative, and think innovatively
• Ability to prioritize responsibilities and resolve conflicting work requirements
• Proficient with Microsoft Office and systems
• Ability to quickly learn and utilize various software systems
• Works with discretion and tact in an environment with a high level of proprietary and confidential information
• Self-motivated

Education, Work Experience, and Other Requirements

• Bachelor's degree and a minimum of 1-2 years of experience in real estate or a similar field; commercial real estate preferred
• Title/escrow experience in commercial real estate preferred
• References required
• New Jersey Notary License preferred
• All applicants must be authorized to work in the U.S.
• In-person attendance in the Princeton, New Jersey office required four days per week

Benefits

• Compensation, inclusive of base salary, potential bonus and equity: $90,000-$120,000
• 401(k)
• Health insurance