Senior Paralegal - Real Estate at Brixmor Property Group

Indianapolis, Indiana, United States

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Real Estate, Commercial PropertyIndustries

Requirements

Paralegal Certificate, Bachelor’s Degree, or Associate’s Degree required
Minimum of three (3) years of relevant legal experience, with a focus on real estate, title, and survey matters for sophisticated commercial properties and secured debt transactions
Experience with complex joint ventures and entity structures is highly valued
Proficiency in Microsoft Office, including Teams and SharePoint
Exceptional organizational skills, ability to prioritize and manage multiple projects, strong attention to detail, and excellent written and verbal communication skills
Self-motivated, professional, and able to work independently and as part of a team

Responsibilities

Review and analyze title commitments, pro forma policies, and related encumbrance documents to identify and resolve potential title issues and objections for secured debt transactions
Examine ALTA/NSPS surveys, address survey exceptions, and finalize survey deliverables
Manage relationships and engagements with title insurers and surveyors, ensuring timely and accurate completion of deliverables
Serve as a liaison among title insurers, surveyors, and lender counsel to facilitate smooth transaction closings
Create and maintain detailed property site plans for use by attorneys and business teams
Research, identify, and summarize complex commercial property ownership structures, including ground leases, REAs, TICs, and condominiums
Review and analyze zoning reports to identify and resolve compliance issues and code violations
Oversee engagements with zoning report providers and coordinate with property management to address and resolve zoning matters
Facilitate communication between zoning providers and lender counsel
Prepare and deliver estoppel certificates to tenants for relevant transactions
Communicate with tenants’ corporate offices and counsel regarding comments, revisions, and execution of estoppel certificates
Review and confirm lease information, investigate discrepancies, and coordinate with internal departments for resolution
Determine the need for CCRA estoppels, REA estoppels, or SNDAs based on property and lease documentation
Collaborate with finance attorneys and business teams to manage all aspects of secured debt transactions, including loan originations, modifications, payoffs, property releases, and other servicing matters
Maintain a comprehensive pipeline report of current and prospective transactions
Oversee transaction logistics, including signature page management, invoice processing, settlement statement review, and preparation of closing books
Establish and maintain organized SharePoint files and other database systems for transaction documentation
Prepare reports for attorneys, auditors, partners, and lenders as needed
Assist with KYC reporting and compliance requirements
Support the Legal Finance team with additional tasks and special projects as assigned

Skills

Title Commitments

ALTA Surveys

Pro Forma Policies

Encumbrance Documents

Zoning Reports

Estoppel Certificates

Lease Review

Ownership Structures

Ground Leases

REAs

TICs

Condominiums

CCRA Estoppels

SNDAs

Site Plans

Brixmor Property Group

Owns and operates retail shopping centers

About Brixmor Property Group

Brixmor Property Group owns and operates around 360 retail centers in the United States, serving as important locations where retailers and communities interact. Their properties range from large shopping centers to smaller spaces available for lease or sale. The company focuses on sustainable growth by revitalizing underused assets and collaborating with businesses to create lively retail environments. Brixmor's revenue comes mainly from leasing spaces to a variety of tenants, including national retailers, local businesses, and seasonal pop-up shops. They offer flexible leasing options and prime locations to attract a diverse clientele. Brixmor stands out from competitors through its commitment to community engagement and sustainable practices, ensuring that its properties remain appealing and beneficial to both tenants and local communities.

New York City, New YorkHeadquarters

1985Year Founded

$400MTotal Funding

IPOCompany Stage

Real EstateIndustries

201-500Employees

Benefits

Paid parental leave

Medical/Rx/Vision coverage

Dental

Flexible spending accounts

401(k)

Life insurance

Service days

Education assistance

Risks

Rising interest rates could impact Brixmor's financing for acquisitions and redevelopment.

E-commerce growth may reduce foot traffic to Brixmor's physical shopping centers.

Potential tenant bankruptcies could increase vacancy rates and reduce rental income.

Differentiation

Brixmor focuses on grocery-anchored centers, ensuring stable foot traffic and revenue.

The company partners with entrepreneurs to revitalize underused assets, enhancing community value.

Brixmor offers flexible leasing options, attracting diverse tenants including pop-up shops.

Upsides

Moody's upgraded Brixmor's credit rating to 'Baa2', reflecting strong operating results.

Record occupancy rates and lease retention indicate robust demand for Brixmor's properties.

Brixmor's focus on sustainability aligns with increasing tenant and investor preferences.

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