Closing Assistant

Position Purpose

* Support Investments and Closing Team by securing detailed third-party expenses [increase accuracy of closing cost estimate and efficiency of negotiations]

* Assist with process improvement goals, including more consistent legal services and reduction in third party expenses

* Coordination and data entry related to Deal Path software

* Streamlined status updates and consistent document filing

* Assist acquisition and disposition closers with administrative tasks

Scope of Duties

Acquisition - LOI Stage:

* Secure proposals/quotes from third party vendors (upload cost and party information to Deal Path)

* Secure and deliver site contacts for vendors

* Work with title company to deliver customs and fee splits to Investments Team for LOIs

* Request and track legal fee quotes (upload information to Deal Path)

* Assist Investment Team with compiling third party costs for C/M approvals

* Assist/draft Deal Intake Form for legal counsel

Acquisition - Due Diligence/Closing Stage:

* Secure proposals for appraisal reports

* Assist closers on getting signature pages signed and sent to title company

Acquisition - Post-Closing:

* File closing documents and third-party reports in appropriate locations and upload documents to Dealpath

* Load information into DP for post-closing follow-up

* Follow up on missing closing documents

* Track and follow up on receipt of final title policies

* Initial review of appraisal

* Appraisal- follow up for completion/certification/filing

* Yardi/Top Sheet completion

Qualifications

* Bachelor's Degree preferred

* No less than 1 year of work experience in real estate related field (commercial real estate preferred)

* Must be able to be in the office in Princeton 4 days/week

* Good oral and written communication skills

* Detail oriented and organized