Real Estate Paralegal (Hybrid)

Overview

Assist real estate attorneys with transactional support, due diligence, and document management.

Key Responsibilities

• due diligence
• title review
• escrow management
• document coordination
• lease review
• critical dates

Tasks

-Managing the process of providing property-related legal information for due diligence needs in shopping center sales, including: prepare due diligence lists (e.g., schedules of key real estate documents) and folders for shopping center sales, advise and assist asset management in response to buyer due diligence inquiries, and advise and assist asset management with preparation of and response to estoppel certificates. -Managing inquiries regarding property ownership, including: research of real property history and chain of title; confirm and diagram fee and leasehold property ownership. -Draft template REA and anchor lease amendments, purchase and sale agreements, CC&Rs and other legal documents, prepare correspondence, memos and reports. -Handle and manage, under real estate attorney guidance, the preparation and/or review and processing of estoppel certificates, and the due diligence required for issuance of estoppel certificates, as well as easements, other simple development related agreements. -Perform due diligence reviews of leases and REAs interpreting relocation rights, repair obligations, options to extend, co-tenancy obligations, radius restrictions, no-build zones, protected areas, termination rights, CAM language, exclusive uses and all other rights, remedies and controls of the parties to the lease and provide written assessments. -Catalog development memos for shopping center malls. -Manage documentation for large transactions; coordinate execution and delivery of documents; prepare transaction summaries; prepare and maintain closing binders and organize and maintain all department files. -Handle escrow transactions for pad/outparcel/excess land sales, including monitoring and coordinating escrow responsibilities, and preparation of closing documents and closing instruction letters. -Prepare critical dates charts for anchor projects; manage critical dates and deadlines for anchor projects in process. -Review existing leases, REAs and other documents for existing exclusives and prohibited uses/use restrictions and prepare schedules/exhibits of same for pad sales and anchor/big box lease transactions. -Managing the Company’s process for obtaining title information, including the following: place title orders, review of title and survey matters, work with company personnel and third parties (buyers and tenants) to resolve title and survey issues, and coordinate and facilitate issuance of title insurance policies; update the legal department database of title reports, title policies and surveys; prepare legal description exhibits for use in real estate transactions. Certain of these functions may be co-managed.

Requirements

• paralegal cert
• ms office
• imanage
• notary
• 3+ years
• bachelor’s degree

What You Bring

-Paralegal certificate from an ABA approved school is highly preferred but not required. -Excellent computer skills to include MS Office, Adobe Acrobat/Reader, iManage, Workshare and Redline. -Notary or open to becoming a notary. -3+ years of law firm and/or in-house experience as a real estate paralegal required, with substantial title and survey expertise preferred. -Bachelor’s degree preferred but not required.

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Benefits

-24 paid volunteer hours and employer charitable match -Paid time off, including vacation time, 12 paid holidays and 80 hours of sick time annually -Comprehensive wellness program including Calm Health and ClassPass memberships -Best-in-class benefits with affordable employee contribution levels -Career-development resources -Flexible Fridays (location dependent) -Ability to purchase company stock at a 15% discount -401(k) match with immediate vesting -Employee Assistance Program

About Macerich

-specializing in the ownership, management, and development of high-quality retail centers -diverse portfolio of premier shopping destinations strategically located in major metropolitan areas across the United States -creating vibrant shopping experiences, combining well-known retailers with unique entertainment, dining, and lifestyle options -expertise in property development and redevelopment, transforming sites into thriving community hubs -commitment to creating innovative, sustainable spaces, often partnering with national and international brands -standout projects include mixed-use developments integrating retail with residential and office spaces -continues to enhance portfolio through strategic acquisitions and partnerships, ensuring sustained growth and relevance in the evolving retail landscape

Sector Specialisms