Overview

Real Estate Leasing Paralegal Job at Transformco – 3.7 Hoffman Estates, IL

Working on the leasing team which specializes in portfolio leasing and management of approximately 350 assets primarily retail, with intermittent office, industrial, and mixed-use opportunities. Responsible for the day-to-day lease transaction process management oversight for a complex portfolio of properties. . Responsibilities include: a support role serving as a liaison between asset management services and product leasing – handling all aspects of transaction management, including, but not limited to; REA reviews, lease document reviews, exhibit reviews and creation, basic financial analysis, project management, quarterly account and broker reviews, and LOI reviews and responses.

Essential functions and responsibilities

General Duties:
Implement portfolio strategy based on internal objectives

Coordinate team activities, weekly agendas, basic deal analysis, and workflow coordination

Understanding of critical lease information, REAs, and ability to draft and understand Letters of Intent

Ability to digest site plans, signage exhibits, lease exhibits and amendments

Assist in maintaining internal databases including SharePoint site

Understanding of real estate market rents and deal metrics

Collaborate with THC and non THC professionals to ensure effective negotiations of business terms for a wide variety of transactions including lease, sale, sublease and purchase

Align with other real estate functions to ensure consistency of service areas

Manage the flow of key documentation and client communications

Manage smaller transactions and associated parties, i.e. Brokers

Prepare, review, and interpret financial analysis/accounting concepts

Report all transaction revenue

Ensure accuracy of all transaction reports and client materials

Facilitate internal meetings

Provide supervision for transactional team members and others team members supporting the transaction activity of the relationship

Prepare negotiation summaries/RFP comparison matrixes

Gather data and real estate market information from research and brokers Transaction Management:

Oversee transaction service delivery

Coordinate and manage transaction teams

Oversee/manage field broker data

Oversee negotiations and management of transactions workflow

Collaborate with asset management team to help ensure data accuracy

Coordinate legal review of all client leased/owned documents

Perform transaction related financial analyses

Coordinate prospect client site visits/market tour access KEY COMPETENCIES

Client Service Skills Communication Proficiency (oral and written) Presentation Skills Financial Analysis (excel, ProCalc, etc.) Negotiation Skills Leadership Organization Skills Teamwork / Team player Multi-Tasking Strategic Planning

IMPORTANT EDUCATION

Bachelor’s degree required; finance/real estate preferred

Paralegal background a plus IMPORTANT EXPERIENCE

5+ years real estate experience in transaction management or corporate real estate or understanding of the real estate process with a legal background

Experience with high-level, complex transaction management including support and/or management of multi-market portfolio clients

About the Company

Company: Transformco – 3.7

Company Location:  Hoffman Estates, IL

Estimated Salary:

About Transformco - 3.7