Associate, Real Estate Closing

Location: Hybrid – 1 day per quarter Loan Application & Commitment Coordination Collaborate with loan originators to facilitate the preparation, negotiation, and execution of real estate loan application commitments and term sheets. Transaction types include mortgage, mezzanine, co‑lending, portfolio, construction, hotel, bridge, and complex structured loans. Review and negotiate loan documents in coordination with internal legal counsel, external local counsel, borrower’s counsel, and other relevant stakeholders. Ensure timely receipt and review of all required due diligence materials (e.g., property reports, title and survey, tenant lease documentation, insurance certificates). Manage Disbursement Activities Prepare fee reconciliation, review and approve settlement statements. Direct the allocation of funds due to the Company (e.g., escrowed deposits, holdbacks, fees) and coordinate payment of related expenses (e.g., legal, third‑party costs). Property Acquisition and Disposition Closing Management Prepare entity formation documents and coordinate lien searches. Order title commitment and coordinate survey requirements. Coordinate execution of closing documents. Maintain tickler to ensure closing deliverables are timely. Coordinate with accounting and asset management teams to reconcile fees and funding sources. Transaction Management System Oversight Utilize the Department’s real estate transaction management platform to maintain accurate and complete data for each transaction. Ensure all required internal approvals (underwriting, due diligence, investment committee) are secured pre‑closing. Facilitate a smooth handoff of closed loans to the loan management and asset management division. Project & Initiative Involvement Contribute to departmental and divisional special projects as needed. What You’ll Bring Bachelor’s degree in Finance, Real Estate, or a related field. Demonstrated experience in commercial real estate financing, with a solid understanding of the loan closing process, acquisitions, dispositions, relevant legal considerations, and the business analysis supporting each transaction. Strong organizational, written, and verbal communication skills. Highly self‑motivated with the ability to prioritize and manage multiple assignments effectively in a fast‑paced environment. Proficient in Microsoft Office Suite (Word, Excel, Outlook, PowerPoint). Commercial Real Estate Paralegal experience strongly preferred. Salary Range: $75,000 – $106,500 Job Requisition ID: 94206 #J-18808-Ljbffr New York Life