Commercial Real Estate Transaction Specialist

4 days ago


Toronto, Ontario, Canada Miller Thomson LLP Full time

Company Overview

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Miller Thomson LLP is a leading national business law firm with a strong commitment to providing practical, creative and cost-effective advice to our clients.

We pride ourselves on our ability to adapt to the changing needs of our clients and to provide innovative solutions to complex legal issues.

Salary

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We are offering a highly competitive salary for this role, estimated to be around $85,000 - $110,000 per year, depending on experience.

Job Description

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We are seeking an experienced Commercial Real Estate Transaction Specialist to join our team in Toronto.

The successful candidate will have a Law Clerk Diploma and 6-10 years' experience handling complex commercial real estate transactions with minimal supervision.

Key Responsibilities

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  • Drafting and revising documentation and correspondence;
  • Compiling information and drafting written reports, opinions, and accounting to clients;
  • Reviewing and analyzing agreements of purchase and sale, credit facility and loan commitments, contracts, agreements, leases, opinions, municipal applications, requisitions on title, and responses to requisitions;
  • Conducting, documenting, reviewing, analyzing, verifying, monitoring, summarizing, and reporting on due diligence for transactions, including title searching, corporate and ancillary searches, and off-title enquiries;
  • CALCULATING, DRAFTING AND ANALYZING statements of adjustments and other financial documentation and data, and handling the receipt and disbursal of funds for transactions and all financial reporting requirements;
  • Completing closings of transactions, including scheduling closing, expediting matters where necessary to meet deadlines, coordinating the receipt of closing documentation and funds, reviewing, revising, and finalizing closing documentation, conducting and analyzing title search requirements, and completing registration of documentation, problem-solving, liaising with clients and solicitors in charge, and negotiating escrow arrangements and undertakings in accordance with delegated responsibility provided by solicitors;
  • Negotiating, communicating, and consulting with solicitors for the other sides of transactions as well as governmental professionals, in accordance with delegated responsibility provided by the solicitor in charge;
  • Flagging and anticipating potential issues and communicating these issues to the attention of the solicitor in charge;
  • Problem-solving with respect to transactional matters, including title and title issues;
  • Collaborating with support staff and supervising assistant(s);
  • Researching and interpreting legal and technical procedures, statutes, and regulations applicable to area of practice;

Required Skills and Qualifications

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  • Law Clerk Diploma; potentially also an Undergraduate degree and/or higher (preferred);
  • 6-10 years' experience or higher in varied real estate experience handling complex commercial real estate transactions with minimal supervision in a fast-paced, high-volume environment;
  • Excellent written and verbal communication skills;
  • Excellent organizational and analytical skills;
  • Solid title-searching ability, and good drafting and mathematical skills;
  • Expert in word processing using Microsoft Word, Excel, and Outlook;
  • Expert in Teraview;
  • Proficient in legal-related accounting programs (Aderant preferred);
  • Able to compile transactional report books.

Benefits

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Miller Thomson offers a comprehensive benefits package that includes Health, Dental, and Vision Care, Employee Assistance Program, Life Insurance, Short Term and Long Term Disability Insurance, 3+ Weeks' Vacation, and 10 Personal Days.

We also offer a diverse and inclusive workplace, flexible working options, Maternity and Parental Leave Top-up, a Firm matching Group Retirement Savings plan, an individual TFSA with low fund management fees, and competitive investment options.

Others

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M Miller Thomson LLP is committed to the development of our employees and encourages them to upgrade their skills on a continuous basis through our MT LEARN program, which offers a mixture of hard and soft skills, knowledge enhancement, and wellness programs.

We recruit new graduates regularly from the Legal Assistant and Law Clerk programmes from a variety of community colleges for our co-op programmes and offer a comprehensive orientation and mentoring programme to cater to recent graduates.



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