Real Estate Closing Associate

About the firm

United Global Development Corporation (UGDC) is a family office co-investment platform focused on the investment, development, and management of single-tenant, net-lease retail and industrial properties globally. UGDC invests in net-lease assets through portfolio purchases, sale leasebacks, development equity, 1031 exchange loans, private financing options, and various special situations. UGDC was founded in 2010 by a handful of net-lease industry veterans to manage their principal investments. Since then, the platform has expanded to include capital raising and both development partnerships and services.

About the role

UGDC is looking to hire a Real Estate Closing Associate as part of their acquisitions and Asset Management team. The role will work closely with the Deal Manager and Outside Counsel in the purchase and sale of properties, including (i) provides due diligence, closing, and post-closing support for the transactions group, including property acquisitions, development projects, dispositions and financing, (ii) reviews legal and closing documents, assisting with leasing matters, and performing such other legal support functions to the Company and senior leadership as may arise.

Responsibilities:

• Supports Acquisition, Disposition and Outside Counsel in connection with negotiation and preparation of contracts, effecting regulatory compliance, and providing legal services to internal stakeholders.
• Manages 3rd party vendors and review / summarize diligence reports such as appraisals, ALTA surveys, property condition assessments, environmental reports, and supporting matrices and communicate findings to deal team including members of senior management.
• Reviews and/or abstracts leasing and transaction documents, purchase and sale agreements, and leases for relevant business implications and communicate findings to internal team.
• Coordinates the preparation and completion of various closing documents, including tenant estoppels and SNDAs, tenant notices and settlement statement with the title company. Prepare and deliver due diligence/transition/closing checklists and ensure each task is completed on time.
• Acts as a liaison to schedule site visits and ensure third parties have appropriate access and documentation needed for diligence purposes
• Manages Closing calendar and coordinates funding requirements
• Responsible for obtaining and maintaining required physical storage of original company documents and records, including confidential communications.
• Responsible for obtaining and maintaining electronic database for corporate documents and records, including confidential communications.
• Assists with acquiring necessary insurance and procurement of evidence of insurance with third parties; maintains and assures currency of related documents.
• Assures confidentiality of privileged communications, work product and records; manages company confidentiality agreements and litigation hold requirements.
• Performs other duties as assigned.

Desired Qualifications:

• Excellent verbal and written communication skills; ability to review documents created by others.
• Ability to use and apply common sense and good judgment.
• Superior interpersonal communication skills.
• Excellent administrative/clerical organization skills.
• Ability to prioritize responsibilities and resolve conflicting work requirements.
• Flexibility and ability to react to immediate business needs.
• Competence in Microsoft Office Suite.
• Ability to work effectively with all levels of the organization and with external customers.
• Works with discretion and tact in an environment with a high level of proprietary and confidential information.
• Self-motivated

Education and Work Experience:

• Bachelor’s degree or a minimum of 5 years of experience in support of senior executive(s) in medium sized business.
• Paralegal certification preferred.
• All applicants must be authorized to work in the US.