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Real Estate Paralegal

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About Lincoln Avenue Communities

Welcome to Lincoln Avenue Communities (LAC)! We are a dynamic and entrepreneurial real estate private equity firm that strengthens communities. As a developer, investor, and operator, we provide sustainable, high-quality homes for lower-and moderate-income individuals, seniors, and families across 29 states. With a portfolio encompassing 160+ properties and 20,000+ units, we are committed to creating lasting impacts on the lives of our residents and the communities we serve.

About This Role

Our legal team is looking to hire an experienced commercial real estate paralegal with transactional experience. As a paralegal, you will assist with all phases of the deal cycle; this includes projects financed with low-income housing tax credits (LIHTC), tax-exempt bonds, HUD loans, and other state and local subsidies. You will also closely assist with entity formation, qualifications, entity compliance and maintenance, document preparation and management, title and survey, due diligence, and the deal-closing process.

This position reports to the Senior Paralegal and collaborates closely with the in-house paralegal team, as well as the General Counsel, Associate General Counsel, and outside counsel.

This is a hybrid role with three (3) days in our Midtown offices in New York, NY.

What You’ll Do

Review title, survey, and title commitments and respond to title and survey comments from counterparties.
Perform due diligence, coordinate and implement transactions, and work with the team to close affordable housing transactions.
Work with vendors to order various due diligence certificates and searches
Work directly with the title companies to finalize title policies for transactions
Use project management tools and techniques to assist with work plans, budgeting, and tracking
Track transaction tasks and phases and communicate progress to the team as issues and/or items are resolved
Prepare signature page packets and coordinate signatures of various deal participants
Draft corporate-related documents, including operating agreements, incumbency certificates, and written consents
Prepare closing indices and binders and follow up on various post-closing matters
Conduct research and gather information using general and legal research tools
Other duties and projects as assigned

What You Bring

Must have corporate and commercial real estate experience
Ability to work and operate independently with minimal supervision
Strong organizational skills to juggle multiple tasks and deadlines
Keen attention to detail and a commitment to accuracy
Excellent written and verbal communication skills to communicate effectively with stakeholders at all levels
Exceptional document drafting and proofreading skills to ensure that all documents are error-free and accurate
A team-oriented mindset and a passion for contributing to the Company's mission-driven initiatives

Your Education and Experience

Bachelor’s degree required
Minimum of 5 years experience in a corporate real estate environment required
Experience as a commercial real estate or affordable housing paralegal with finance experience

The Company

Welcome to Lincoln Avenue Communities (LAC)! We are a dynamic and entrepreneurial real estate private equity firm that strengthens communities. As a developer, investor, and operator, we provide sustainable, high-quality homes for lower- and moderate-income individuals, seniors, and families across 25 states. With a portfolio encompassing 130+ properties and 20,000+ units, we are committed to creating lasting impacts on the lives of our residents and the communities we serve.

Benefits

The expected base salary for this role is $100,000 - $120,000. This represents the current target and is subject to change. To determine starting pay we carefully consider a variety of factors, including primary work location and an evaluation of a candidate’s skills, experience, market demands, and internal parity. Our comprehensive total rewards package offers more than just a salary. Benefits include:

Performance-based bonuses
Full medical, dental, and vision coverage for you and your dependents
401(k) plan with employer matching and immediate vesting
Life and disability insurance
Generous PTO, holidays, and sick time
Paid parental leave
Employee referral incentives
Fun company and team-building events
Continuous learning and development opportunities

Equal Employment Opportunity

Lincoln Avenue Capital is an equal-opportunity employer. We prohibit discrimination and harassment of any kind and afford equal employment opportunities to employees and applicants without regard to race, color, religion, sex, sexual orientation, gender identity or expression, pregnancy, age, national origin, disability status, genetic information, protected veteran status, or any other characteristic protected by law. At LAC, we conform to the spirit and the letter of all applicable laws and regulations.

Average salary estimate

$110000 / YEARLY (est.)

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$100000K

$120000K

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What You Should Know About Real Estate Paralegal, Lincoln Avenue Communities

Join Lincoln Avenue Communities as a Real Estate Paralegal, where you'll play a crucial role in supporting our dynamic legal team! At LAC, we pride ourselves on enhancing communities through sustainable housing initiatives. In this position, you’ll dive into all phases of the deal cycle, primarily focusing on commercial real estate transactions like those financed with low-income housing tax credits and HUD loans. Your daily tasks will include reviewing title commitments, coordinating due diligence efforts, and preparing crucial documents for successful deal closures. We’re looking for someone with a keen eye for detail and exceptional organizational skills to keep our projects on track. You'll collaborate closely with our Senior Paralegal, General Counsel, and outside counsel to ensure seamless transaction processes. This is a hybrid role, offering you the flexibility of working from our Midtown offices in New York three days a week, while providing you with opportunities to grow your skills in a supportive, mission-driven environment. If you're passionate about making a difference through your work and want to contribute to affordable housing, we’d love to hear from you!

Frequently Asked Questions (FAQs) for Real Estate Paralegal Role at Lincoln Avenue Communities

What are the primary responsibilities of a Real Estate Paralegal at Lincoln Avenue Communities?

As a Real Estate Paralegal at Lincoln Avenue Communities, your key responsibilities will include reviewing titles and surveys, conducting due diligence, and preparing critical documents that facilitate affordable housing transactions. You'll work closely with an in-house paralegal team and outside counsel, ensuring that every detail is meticulously managed throughout the deal cycle.