Transaction Manager, Legal & Due Diligence

11North Partners; New York (NY); Hybrid; USD 100.000 - 130.000; Vollzeit

Zusammenfassung

11North Partners is seeking a Transaction Manager to run due diligence and closings across acquisitions, financings, and dispositions, owning the legal and document work that keeps deals moving. This role connects our investment team, outside counsel, lenders, title, and third-party advisors to push deadlines and ensure nothing falls through the cracks from LOI to post-closing.

Beyond live deals, the role reviews NDAs and routine contracts, abstracts retail leases, supports lease administration,

Qualifikationen

• 4+ years CRE experience as paralegal/transaction manager/closing coordinator.
• Hands-on experience running diligence and closings.
• Experience reviewing and negotiating NDAs and commercial agreements.
• Working knowledge of PSAs, loan documents, title commitments, surveys, estoppels.
• Experience reviewing and abstracting commercial leases.
• Advanced Excel and Word; comfortable with data rooms.

Aufgaben

• Own the diligence process for each live transaction from signed LOI through closing, including kickoff, request lists, workstream assignments, and weekly status updates to the deal team.
• Build and maintain deal-level diligence trackers, critical-date schedules, and open-issues lists; follow up with sellers, brokers, and advisors until every item is received and reviewed.
• Manage third-party reports (title, survey, zoning, PCA, environmental, appraisal) from engagement through delivery, and flag exceptions and risks to the investment and legal teams.
• Organize and control virtual data rooms, both incoming seller data rooms and our own for lenders, partners, and buyers.
• Run UCC, lien, litigation, entity-authority, and public-record searches and summarize findings.
• Drive closing timelines against PSA and loan deadlines, including deposits, diligence period expiration, extension notices, and closing dates.
• Coordinate with outside counsel, title, lenders, and escrow on closing checklists, signature packages, funds flow, recording, and deliverables.
• Prepare and track transaction documents such as estoppels, SNDAs, assignments, entity resolutions, incumbency certificates, and closing certificates.
• Manage post-closing items, including document distribution, closing binders, tenant notices, and the handoff to asset management, leasing, and accounting.

Kenntnisse

Commercial real estate

Diligence management

Closing coordination

Advanced Excel

MS Word

Ausbildung

Paralegal certificate

Bachelor's degree

Tools

VTS

Yardi

Virtual data rooms

Jobbeschreibung

11North is a growing retail real estate investment platform focused on acquiring, operating, and creating value across high-quality retail assets. In partnership with institutional capital providers, including Bain Capital, we are building a nimble, entrepreneurial firm with a long-term investment approach and a strong operational foundation.

Position Overview

We are seeking a Transaction Manager to run due diligence and closings across our acquisitions, financings, and dispositions, and to own the legal and document work that keeps deals and the portfolio moving. This person is the connective tissue between our investment team, outside counsel, lenders, title, and third-party advisors: tracking every open item, pushing counterparties to deadlines, and making sure nothing falls through the cracks between LOI and post-closing.

Beyond live deals, the role reviews NDAs and routine contracts, abstracts retail leases, supports lease administration, and builds the checklists, templates, and trackers that make our transaction process repeatable as the platform grows.

Key Responsibilities

• Own the diligence process for each live transaction from signed LOI through closing, including kickoff, request lists, workstream assignments, and weekly status updates to the deal team.
• Build and maintain deal-level diligence trackers, critical-date schedules, and open-issues lists; follow up with sellers, brokers, and advisors until every item is received and reviewed.
• Manage third-party reports (title, survey, zoning, PCA, environmental, appraisal) from engagement through delivery, and flag exceptions and risks to the investment and legal teams.
• Organize and control virtual data rooms, both incoming seller data rooms and our own for lenders, partners, and buyers.
• Run UCC, lien, litigation, entity-authority, and public-record searches and summarize findings.
• Drive closing timelines against PSA and loan deadlines, including deposits, diligence period expiration, extension notices, and closing dates.
• Coordinate with outside counsel, title, lenders, and escrow on closing checklists, signature packages, funds flow, recording, and deliverables.
• Prepare and track transaction documents such as estoppels, SNDAs, assignments, entity resolutions, incumbency certificates, and closing certificates.
• Manage post-closing items, including document distribution, closing binders, tenant notices, and the handoff to asset management, leasing, and accounting.

NDAs, Contracts & Legal Support

• Review, mark up, and negotiate NDAs and confidentiality agreements against firm standards; elevate non-standard terms to leadership or outside counsel.
• Maintain the firm's NDA and contract log, standard forms, and execution records.
• Support review of vendor, broker, and service agreements, access agreements, and other routine contracts.
• Coordinate with outside counsel on scope, turnaround, and budget for transaction and portfolio matters.

Lease Review & Administration

• Review and abstract retail leases, amendments, guaranties, and estoppels, capturing rent, options, CAM, exclusives, co-tenancy, use restrictions, and other provisions that affect cash flow and value.
• Prepare lease abstracts, lease-risk summaries, and critical-date calendars for investment committee and asset management.
• Support leasing and asset management with notices, consents, renewals, and tenant correspondence, and keep lease files current in VTS.

Process & Systems

• Build and continuously improve standard transaction checklists, trackers, templates, and naming conventions across deals and the portfolio.
• Maintain organized, accessible electronic legal and lease files and document-retention practices.
• I dentify bottlenecks in the deal process and propose practical fixes that save the team time.

Qualifications

Required

• 4+ years of commercial real estate experience as a paralegal, transaction manager, or closing coordinator at a law firm, investment firm, REIT, lender, or developer.
• Hands‑on experience running diligence and closings for acquisitions and/or financings.
• Experience reviewing and negotiating NDAs and routine commercial agreements.
• Working knowledge of PSAs, loan documents, title commitments, surveys, zoning reports, estoppels, SNDAs, and entity documentation.
• Experience reviewing and abstracting commercial leases.
• Advanced Excel and Word; comfort with virtual data rooms and document‑management systems.

Preferred

• Retail or shopping center experience, including exclusives, co‑tenancy, and CAM.
• Paralegal certificate and/or bachelor's degree.
• Experience with VTS, Yardi, or similar lease and property systems.

What We're Looking For

• A driver: someone who owns the timeline and follows up relentlessly without needing to be asked.
• Exceptional attention to detail and document accuracy under deadline pressure.
• Good judgment about what to handle directly and what to elevate.
• Clear, professional communication with counsel, lenders, sellers, and tenants.
• Comfort juggling multiple live deals in a lean, entrepreneurial environment.
• Location: Hybrid in NYC or Remote
• Compensation: $100,000 to $130,000 base salary, plus a discretionary annual bonus. Final compensation depends on experience and qualifications.

CULTURE & ENVIRONMENT

At 11North Partners, we foster a collaborative, high-performance culture where every team member’s voice is valued. You'll be working alongside a group of smart, driven, and supportive professionals who are passionate about investment strategy and long-term success. This is a high-intensity, high-reward opportunity for candidates who want to be surrounded by top talent and gain exposure to institutional-quality deals. We operate with a sense of urgency, intellectual rigor, and entrepreneurial energy - and expect the same from every team member.

Annual target bonus

Medical insurance

Employment Status: Applicants must be legally authorized to work in the United States. At this time, 11North Partners is not able to sponsor visas or provide immigration support for this position.

11North Partners is an Equal Opportunity Employer. We do not discriminate based on race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, gender identity, or any other legally protected characteristics.