Commercial Real Estate and Foreclosure Paralegal

Gainor; New York (NY); On-site; USD 75,000 - 110,000; Full time

Job summary

A large non-profit financial institution in Manhattan is seeking a Commercial Real Estate and Foreclosure Paralegal. This hybrid position involves reviewing loan files, summarizing documents, and providing excellent customer service. Ideal candidates will have a Bachelor’s degree and 3-5 years of paralegal experience, particularly with multi-family commercial loan closings and foreclosures.

Qualifications

• 3 – 5 years of paralegal experience required.
• Experience with multi-family commercial loan closings, foreclosures, and mortgages is essential.
• Notary license or willingness to obtain is required.

Responsibilities

• Review and organize loan files for outside counsel.
• Summarize and index physical and electronic documents.
• Proofread draft documents for completeness and accuracy.

Skills

Communication

Organization

Attention to Detail

Education

Bachelor’s degree

Tools

Microsoft Office

Job description

Job Title: Commercial Real Estate and Foreclosure Paralegal

Our client, a large non-profit financial institution, is seeking a Commercial Real Estate and Foreclosure Paralegal to join their team! This position is hybrid with 3 days based in their wonderful Manhattan office. The firm offers excellent benefits!

Job Responsibilities

1. Review and organize loan files to prepare for referral to outside counsel
2. Summarize and index physical and electronic documents
3. Proofread draft documents for completeness and accuracy
4. Maintain loan/legal action status tracker
5. Use ACRIS or other public sites to locate recorded documents
6. Perform data entry to ensure proper record of electronic loan files
7. Analyze foreclosure documents (mortgage agreements, guaranties, and title reports)
8. Track and pay invoices for the department
9. Coordinate, draft, and document Maturity Extension Agreements
10. Prepare litigation and loan closing packages as needed
11. Assist with loan transactions
12. Conduct closing of participation sales as necessary
13. Provide excellent customer service to internal and external stakeholders
14. Perform other duties as assigned

Skills and Qualifications

1. Bachelor’s degree
2. 3–5 years of paralegal experience
3. Experience with multi-family commercial loan closings, foreclosures, and mortgages
4. Proficient in Microsoft Office (Word, Excel, PowerPoint)
5. Excellent written and verbal communication skills
6. Notary license or willingness to obtain one

Salary Range: $75,000 - $110,000 based on experience

Gainor provides equal employment opportunities (EEO) to all employees and applicants without regard to race, color, religion, creed, sex, sexual orientation, gender (including gender identity and expression), age, national origin, immigration status, marital or familial status, citizenship status, ancestry, physical or mental disability, genetic information, reproductive health decision-making, veteran or military status, or any other characteristic protected under applicable law.