Overview
STG Asset Management seeks an experienced commercial real estate paralegal to support complex institutional loan administration, litigation support, CMBS servicing matters, SPE compliance, entity management, and high-value commercial real estate transactions. The successful candidate will work directly with executive management, outside counsel, lenders, loan servicers, accountants, and property management personnel.
Duties
Loan Administration
- Maintain complete loan files
- Organize modifications
- rack loan maturitiesTrack reserve releases
- Maintain lender correspondencePrepare lender notice packages
- Organize servicing requests
SPE Compliance
- Maintain annual compliance checklist for every borrowing entity.
Monitor
- Good standing
- Annual filings
- Franchise tax
- Governing documents
- Independent managers
- Ownership structure
- Lender consent requirements
Entity Administration
Maintain
- LLC records
- Corporate books
- Organizational charts
- Beneficial ownership
- Operating agreements
- Member changes
Litigation Support
Coordinate with outside counsel by:
- Collecting documents
- Organizing productions
- Maintaining privilege logs
- Creating chronologies
- Preparing hearing notebooks
- Maintaining discovery databases
CMBS Loan Support
Maintain
- Servicing correspondence
- Consent requests
- Assumptions
- Modifications
- Cash management records
- Reserve accounting
Document Management
- Create and maintain a complete electronic “Loan Bible” for every institutional loan.
Qualifications
Minimum
- 8+ years commercial real estate
- Strong title experience
- LLC documentation
- Financing documentation
- Litigation support
Preferred
- CMBS experience
- Servicer experience
- Institutional lending
- Large law firm background
Desired Skills
- Exceptional organization
- Detail oriented
- Adobe
- Excel
- Closing binders
- Entity management software
- Document management systems
PHYSICAL REQUIREMENTS
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.
- Movement within office complex environment
- Ability to write by hand and use keyboard extensively to perform general office functions
- Ability to communicate by speech and hearing continuously
- Visual acuity needed for close detail work and computer use
- Ability to sit for extended periods of time
- Ability to occasionally walk, stand, stoop, kneel, crouch, and reach with hands and arms
- Ability to occasionally lift and carry up to 20 pounds (periodic lifting of supplies)
- Climb stairs as needed within each property
WORK ENVIRONMENT
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.
· While performing the duties of this job, the employee is regularly exposed to a general office environment.
· The noise level in the work environment is usually moderate.
Equal Employment Opportunity Statement:
The STG Group provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.
Pay: $100,000.00 - $115,000.00 per year
Benefits:
- Dental insurance
- Free parking
- Health insurance
- Life insurance
- Paid time off
- Retirement plan
- Vision insurance
Application Question(s):
- Are you willing to work in Sausalito at least 3 days per week?
Experience:
- Paralegal: 8 years (Required)
- Commercial Real Estate Law: 8 years (Preferred)
Work Location: Hybrid remote in Sausalito, CA 94965
