Job Description
Realty Income aims to be a globally recognized leader in the S&P 100, committed to creating long-term value for all stakeholders. These stakeholders include our dedicated team members, who embody our purpose: building enduring relationships and brighter financial futures. This guiding principle serves as a beacon for our team, influencing every action we take. Our employees consistently invest their time, commitment, and dedication into the company, and in turn, they receive investment returns in the form of purpose, belonging, and opportunities for advancement. We are committed to best-in-class corporate responsibility practices through environmental initiatives, governance programs, and community outreach projects. From the boardroom to the breakroom, our team members make a difference every day. Job Summary Realty Income is seeking a Real Estate Paralegal to join our collaborative and hard‑working Legal team. In this role, you’ll partner closely with our real estate attorneys to support a wide range of legal matters, working alongside other paralegals, legal assistants, and external partners. You’ll play an important role in keeping transactions and legal processes moving smoothly, while also providing guidance and mentorship to paralegals and legal assistants as assigned. This position offers the opportunity to contribute meaningfully to complex real estate work while helping foster a supportive, high‑performing team environment. Portfolio Acquisition Matters What You Will Be Working On: Work with and under the supervision of the attorneys in leading and closing Acquisition and Development transactions: Train and supervise the paralegals and paralegal assistants (as assigned); coordinate workflow between and amongst the paralegals and paralegal assistants. Due Diligence and Transaction Documents: Organize and manage Acquisition property and diligence files. Coordinate engagement of third-party service providers. Review and prepare summaries of third-party reports (e.g., Environmental Reports, Zoning Reports, Property Condition Surveys, Geotechnical Reports, Appraisals, etc.). Coordinate, instruct, and review diligence items with outside law firms as needed. Assist with the preparation of initial document drafts: Purchase and lease documents. Other acquisition documents, including development documents. Document exhibits. Document amendments and easements, etc. Closing documents. Title and Survey Order/obtain title insurance commitments. Coordinate review and mark-up of title commitments and proformas. Review comments on the title exception documents. Coordinate title objections and resolutions of the same with attorneys and the Title Company. Coordinate and negotiate endorsements. Coordinate survey review and corrections. Closing Tasks Preliminarily draft and/or review closing documents, including supplemental escrow instructions, settlement statements, deeds, affidavits, etc. Assemble closing documents. Coordinate with Title Company and seller's attorney. Post-Closing Tasks: Review files and coordinate entry and approval of property-related information into Source2Book. Confirm all Legal Assistant post-closing tasks have been completed and help with these tasks as needed. Development Projects Organize and manage the handoff of development files to the Project Manager for management and the drawing process. Coordinate the update of the project with the Project Manager on the development process and progress to update the rent accordingly. Assist with closing development files, coordinating with the Project Manager to confirm receipt of all final documents needed to complete final funding and revisions to SharePoint and/or Yardi. Audit, Document Retention, and SharePoint: Coordinate the pulling of files and documents as needed for auditing. Assist attorneys and Legal Coordinator with corporate records retention as needed. Assist attorneys with ongoing document retention, including uploading to SharePoint of new and ongoing matters. Gather appropriate information as needed for the Quarterly Audit Review. Serve as a notary public (pursuant to California regulations for appointments). Portfolio Management-Related Matters Work with and under the supervision of the attorneys in handling a variety of Portfolio Management matters Document review, preparation of initial drafts (and re-drafts), analysis and documentation. Review, process, and work with Leasing and Disposition Directors, Ma