Commercial Real Estate - Paralegal

Commercial Real Estate - Loan Closing Specialist

Phoenix, AZ – RRA Capital is a private equity real estate firm redefining the norms of credit and structured finance. Backed by 115+ years of combined leadership experience and a team built for agility, depth, and discipline, we’re reimagining how private capital intersects with commercial real estate—and how exceptional teams drive meaningful outcomes for investors. Our mission at RRA is to “build something awesome” with a client-centric philosophy of service and an amazing team of innovative and driven professionals. 

We are seeking a detail-oriented and proactive Commercial Real Estate Loan Closing Specialist to own the end-to-end process for loan closings, modifications, and payoffs. This role is the primary point of contact coordinating with borrowers, legal counsel, title/escrow, and internal teams to ensure every transaction is executed cleanly, compliantly, and on time. Typical workload is 0–5 closings per month, with modifications and payoffs handled regularly. When transaction volume is lighter, this role will also contribute through cross-department collaboration with Legal and Asset Management.

If you thrive on precision, timelines, and cross-functional coordination—and want to help build an institutional-grade platform—we invite you to apply.

ROLES AND RESPONSIBILITIES:

• Manage the full loan closing process from credit approval through funding, serving as the primary point of contact across internal teams, outside counsel, title/escrow, and counterparties.
• Track and verify all closing deliverables including loan documents, title reports, insurance certificates, escrow instructions, and third-party reports.
• Ensure all conditions precedent to closing or modification are satisfied and documented.
• Coordinate loan modifications, which follow processes similar to closings, including amended documentation, approvals, escrow/title updates, and recordings.
• Oversee loan payoffs by verifying payoff statements, coordinating final wire instructions, and ensuring proper release of liens, guaranties, and UCC filings.
• Validate document execution, collect signatures, and coordinate notary and closing packages.
• Manage the perfection of collateral through timely recordings, UCC filings, continuations, and delivery of final title policies/endorsements.
• Organize and maintain accurate physical and electronic loan files, including custodian vaulting, indexing, and version control.
• Deliver complete boarding packages to Loan Servicing and Asset Management, ensuring accurate setup of escrows, reserves, and ticklers.
• Monitor and clear post-closing and post-modification exceptions within required timeframes.
• Support General Counsel with amendments, consents, and forbearance agreements, and coordinate with outside counsel as needed.
• Collaborate with Asset Management on documentation governance and special situations requiring perfected and current records.
• Proactively identify process improvements and refine checklists, templates, and workflows to shorten timelines and reduce errors.

HERE’S WHAT YOU’LL NEED TO SUCCEED IN THIS ROLE

• Education: Bachelor’s degree in Business, Finance, Real Estate, Legal Studies, or related field (or equivalent experience).
• Professional Experience: 3–5+ years in commercial real estate loan closings, modifications, or transaction management at a debt fund, lender, bank, title/escrow company, or law firm.
• Document Expertise: Strong working knowledge of loan agreements, promissory notes, mortgages/deeds of trust, guaranties, assignments, title/escrow, payoff verifications, and release processes.
• Operational Skills: Demonstrated ability to manage multiple transactions simultaneously, from initial approval through closing and payoff.
• Systems & Tools: Proficiency with Excel/Sheets, e-signature platforms (e.g., DocuSign), and document management systems. Loan closing software (ProDeal) familiarity a plus.
• Communication: Strong interpersonal and stakeholder management skills across Legal, Underwriting, Asset Management, Servicing, and external counterparties.
• Detail & Accountability: Checklist discipline, meticulous organization, and ownership mindset.
• Preferred: Paralegal or legal assistant experience, notary certification (or ability to obtain), familiarity with syndicated loans or structured finance, and exposure to fund operations.

*Please Note: At this time, RRA is unable to provide visa sponsorship for this position.

WHAT SUCCESS LOOKS LIKE (FIRST 6-12 MONTHS)

• All closings, modifications, and payoffs executed on time with zero funding or release delays.
• Post-closing and post-modification exceptions tracked and cleared within required SLAs.
• Loan files (physical and electronic) audit-ready, with perfected collateral and accurate release documentation.
• Seamless handoffs to Servicing and Asset Management, with accurate boarding of escrows, reserves, and ticklers.
• Standardized processes in place that shorten timelines, increase accuracy, and improve efficiency across transactions.

COMPENSATION

• Competitive base salary and bonus structure commensurate with experience

BENEFITS

• Be a part of building something AWESOME.
• Direct daily access to the firm founders
• Unlimited vacation days
• Medical insurance
• Flexible work life
• Company 401K plan with match
• Awesome people to work with every day!

OUR CULTURE & CORE VALUES 

At RRA Capital, we work as a team and treat each other with respect, humility, and good humor. We’ve built a culture that feels more like a family than a firm—and we take pride in holding ourselves and each other to the highest standards of integrity and professionalism. 

RRA Core Values 

• Passionate About Continuous Improvement – Committed to self-growth and feedback. 
• Enjoyable to Be Around – Team-oriented, professional, and ego-free. 

• Smart – Creative, efficient, and solutions-driven—not academic. 

• Reliable – Self-starters with a deep sense of ownership and follow-through. 

To Apply 

If you thrive in an entrepreneurial environment and are excited to contribute to a firm that’s growing with purpose and discipline, we’d love to hear from you. 

*At RRA Capital, we value applicants of all backgrounds, but we are unable to provide visa sponsorship for this position.

Contact: Lisa Donovan   

Website: www.rracapital.com

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