Job Description
About the job:
AMCAP, INCORPORATED is a vertically integrated private real estate investment firm founded in 1979 with primary offices in Stamford, Connecticut and Denver, Colorado. The firm focuses on grocery-anchored and necessity retail shopping centers in the Top 100 U.S. MSAs. AmCap’s growing nationwide portfolio includes 24 properties totaling approximately 5 million square feet, representing nearly $1 billion in assets under management. The firm is actively investing in value-add and core-plus transactions on behalf of its institutional investors.
Position Overview:
The Commercial Real Estate Leasing Paralegal will serve as a key contact for all lease-related legal matters across the AmCap portfolio. This position will report to the Managing Director – Leasing and work closely with the Construction/Property Operations, Accounting, and Acquisitions departments, as well as tenants and outside counsel. This role can be based out of either the Stamford or Denver office.
Essential Functions:
- Assist with all tenant negotiations, including but not limited to new lease agreements, renewals, amendments, assignments, SNDAs, NDAs, franchise agreements, defaults, terminations, and settlements
- Work with outside counsel on national tenant lease negotiations, as well as on compilation of lease exhibits and due diligence materials
- Draft all lease documents, legal notices, waiver requests, and all formal Landlord notices, requests or approvals
- Review and redline LOIs, providing recommendations on proposed terms and language
- Review tenant-prepared lease documents
- Assist with processing tenant option notices and renewals
- Maintain lease, exclusive use, prohibited use, and restriction abstracts
- Assist with due diligence process on Assignment applications, financial review and proposals; conduct initial legal review of existing lease and legal outline
- Conduct lease reviews and prepare Tenant Estoppels and SNDAs associated with property acquisitions, dispositions, and refinances
- Serve as a key contact for Yardi Retail Manager with respect to deal input and workflow processing
- Maintain accurate lease data and tenant contact information across Yardi, Outlook, and backup files
- Monitor and track unit status, shopping center occupancy thresholds, leasing activity history, lease expiration dates, completed deals, and dead deals across the AmCap portfolio
- Track key dates from lease execution to delivery of possession, timing on plans, permits and rent commencement; preparing and sending Rent Commencement Letters/CDAs
- Communicate tenant lease activity and distribute copies of lease documents and notices to relevant parties
- Maintain AmCap standard lease forms, amendments and templates, updating language as needed
- Maintain standard Lease exhibits, sign criteria, etc.
Qualifications:
- Bachelor’s degree from an accredited college or university
- At least 3-5 years of Paralegal experience within the retail real estate industry. Prior experience working with national and regional retailers is a plus
- Prior experience drafting lease agreements and negotiating terms with tenants and outside counsel
- Prior experience working with Yardi and/or other similar real estate industry software products
- Ability to adapt quickly to new technology and work with others in implementation of new assignments
- Proficient in Excel, Word, and PowerPoint
Compensation & Benefits:
- Annual Salary Range: $80,000-$95,000
- Flexible work schedule
- Annual performance bonus
- Benefits: Health, Dental, Vision insurance; Life and AD&D, Long Term Care, Short Term Disability and Long Term Disability insurance; 401(k); Paid Time Off
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