Realty Income is looking for a
Real Estate Paralegal to join their hard-working legal team. In this role, the paralegal will work with, assist and support attorneys in providing timely and quality legal support for negotiated property sales, auction sales, and other disposition activities for the national portfolio of properties, including assistance to and interactions with Asset Management, Property Management, Asset Management & Real Estate Operations, and other teams on matters relating to preparing the property for sale, obtaining diligence information, preparing and negotiating sale agreements and related documents, managing tenant contacts, closing and post-closing matters, and a broad range of related legal matters, under supervision of the attorneys.
What you will be working on:Disposition Related Matters:- Manage and coordinate property dispositions, including interface and correspondence with RIC team members, outside counsel, title company personnel, broker, and buyer principals and counsel; prepare transaction and closing documents and related agreements; manage transaction calendaring and internal database tracking and management in Disposition Central; document filing and retention in SharePoint and Shared Drive; review, analyze and solve property and title issues; assist in post-close turnover of property to buyer; and numerous peripheral activities and tasks as may be needed to understand the property and manage sale issues that are present or arise.
- First drafts of Purchase Agreements and Amendments, sale closing documents, tenant correspondence, contract assignments, and myriad other documents related to the property or its disposition.
- Prepare transaction reports and other interdepartmental communications.
- Various research, analyses, and document preparation and processing (e.g., tax parcel questions, REA's, title documents, leases or prior leases, easements, restrictions and covenants) as applicable to property dispositions.
- Manage identifying and clearing undesirable exceptions from title, including research of issues and outreach to title company, document counterparties and third parties.
- Assist with buyer due diligence activities and property access, including significant interface with property management teams.
- Monitor active files and follow up on matters; keep internal transactional databases up to date.
- Serve as internal liaison with outside counsel for all sale-related matters.
- Interface with supervising attorney on legal issues, document preparation, and sale closing.
- Perform and obtain numerous internal checks on property condition, sale issues, rent payment, property tax issues, and 1031 exchange issues.
- Compile information for the closing settlement statement, manage the preparation of that statement, and review and revise for closing.
- Manage sale closings and post-closing file compilation and review.
- Serve as notary public pursuant to regulations for appointment of state of residence.
Document Retention, Permanent Record Filing, and Other Department Support:- Comply with document retention policy and procedure and conduct quality control of active files for their input into the document retention systems.
- Assist attorneys with on-going document retention.
- Assist attorneys with corporate records location and retention as needed.
- Coordinate and assist with compilation and review of files and documents as needed for internal and external auditing.
- Manage transaction information and updates in Disposition Central database.
Successful candidates are expected to have:- Advanced technical and legal research skills, with 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).
What you'll get in Return: - Competitive Salary including potential for bonus and stock awards.
- Best-in-class Benefit Package.
- Collaborative, team-oriented environment.
- Opportunities for Continuing Professional Development.
This hybrid position is based in our San Diego (Del Mar Heights) headquarters. Monday through Thursday are in-office for collaboration, with the opportunity to work remote on Friday. For candidates outside San Diego and surrounding counties remote working options may be available.
The hourly pay range for this role is $33.71 - $40.77 - $49.34.
Offers near the high end are uncommon but may be considered for candidates with exceptional experience and skills and are dependent on the facts and circumstances of each case. You may be eligible for an annual discretionary bonus and an annual discretionary stock award, to be discussed during the interview process. An annual pay rate and total compensation package is generally determined by the candidate's experience, knowledge, education, skills, performance, and abilities, as well as internal equity, company performance, and alignment with market data.
We offer a best-in-class benefits package that includes healthcare, dental, and vision insurance for employees and eligible dependents. Our 401(k)-retirement plan has a company match of 50% up to 6% of eligible compensation. Realty Income also offers other wellness, financial, and work/lifestyle-specific benefits, along with a generous PTO accrual; in addition to 12 paid holidays, and paid volunteer time. Realty Income's purpose is to build enduring relationships and brighter financial futures, and this starts with you!
This role is subject to enhanced compliance and disclosure requirements comparable with those of a regulated financial services organization, including conflict of interest disclosures and personal trading policies.
