Job Description
Job Description
Senior Commercial Real Estate Paralegal
Potomac, MD | Competitive Salary + Benefits | Work-From-Home Flexibility
An established and highly regarded law firm in Potomac, MD is seeking an experienced Senior Commercial Real Estate Paralegal to join its sophisticated real estate practice.
This is an excellent opportunity for a seasoned paralegal who enjoys taking ownership of complex transactions, working directly with attorneys and clients, and playing a key role in getting deals across the finish line.
The ideal candidate will bring extensive experience with commercial real estate closings, title examination, and title insurance, along with the ability to independently manage transactions from initial due diligence through post-closing.
Why You'll Want to Consider This Opportunity
- Competitive salary and comprehensive benefits package
- Work-from-home flexibility
- Work on sophisticated, high-value commercial real estate transactions
- Opportunity to take significant ownership of transactions and work directly with clients, lenders, and attorneys
- Exposure to diverse real estate matters, including acquisitions, development, commercial lending, and affordable housing finance
- Collaborative team environment with opportunities for professional growth
What You'll Be Doing
- Manage complex commercial real estate transactions from due diligence through closing and post-closing, including acquisitions, dispositions, refinancings, and lending transactions.
- Review and analyze title commitments, title reports, ALTA surveys, zoning reports, and UCC searches, identifying and resolving potential issues.
- Prepare and review commercial title insurance commitments, endorsements, and policies, including transactions involving multiple lenders and lien priorities.
- Review purchase agreements, letters of intent, loan commitments, and other transaction documents.
- Draft deeds, easements, organizational consents, closing documents, and related materials.
- Prepare closing checklists and agendas, coordinate due diligence, and track critical deadlines.
- Prepare settlement statements, calculate title insurance premiums and closing costs, and coordinate escrow accounts and disbursements.
- Handle recording requirements, transfer and recordation taxes, and post-closing matters throughout Maryland, Washington, DC, and Virginia.
- Work directly with attorneys, clients, lenders, title companies, and underwriters to ensure smooth and timely closings.
- Assist with sophisticated financing transactions, including affordable housing developments and tax credit financing.
What We're Looking For
- 8+ years of commercial real estate paralegal experience, ideally within a law firm or commercial title environment.
- Strong expertise in commercial title examination, title insurance, commitments, endorsements, and policies.
- Demonstrated ability to independently manage complex commercial real estate transactions from start to finish.
- Solid understanding of commercial lending, lien priorities, and title-related issues.
- Experience with land records, recording requirements, and transfer and recordation taxes in DC, Maryland, and Virginia.
- Strong financial skills, including settlement statements, escrow reconciliations, and closing cost calculations.
- Exceptional attention to detail, organizational skills, and the ability to manage multiple transactions and competing deadlines.
- Strong communication skills and the confidence to work directly with clients and other transaction participants.
- Proficiency in Microsoft Office and familiarity with title industry software.
- Bachelor's degree, paralegal certificate, or equivalent professional experience.
Experience That Will Set You Apart
- Affordable housing finance experience, particularly Low-Income Housing Tax Credit (LIHTC) transactions, including 4% and 9% structures.
- Familiarity with tax-exempt bond financing and agency financing involving Freddie Mac, Fannie Mae, or HUD.
- Experience with complex commercial lending structures, ground leases, intercreditor agreements, and subordination agreements.