AT A GLANCE
39 Woodland Road
Roseland, NJ 07068
Year founded: 2000
Total number of New Jersey-based title professionals: 26
Areas of expertise in commercial real estate: We provide commercial title insurance policies, foreclosure reports and informational title reports, in addition to processing and settlement services.
We work with everyone involved in the transaction including attorneys, realtors, lenders, developers and investors. Our clients include some of the largest law fi rms and lenders in the tristate area.
We are a family business that treats all of our partners, vendors and clients like family. We pride ourselves on building strong relationships with everyone with whom we work. The strong bond we have with our underwriters enables us to prioritize our clients’ transactions and have meaningful conversations about risk assessment. We have in-house counsel with extensive commercial experience to support you every step of the way. Additionally, our extensive referral network puts the professionals you need at your fingertips. In short, we have the resources and experience to reduce risk and get the deal done with proficiency and precision.
The strong relationships and mutual respect we have with our underwriters enable us to provide creative solutions to resolve any issues that may arise. We have over 100 years of combined experience examining title and have resolved a variety of issues over the decades we’ve been in business. Our experience demonstrates that we view all challenges as solvable problems and we’re motivated to resolve them.
We recently assisted an investor with the acquisition of 88 properties. The seller acquired the properties by way of Deed In Lieu. This acquisition was financed by five separate loans. The properties were deeded to a number of different entities, resulting in multiple sellers on the transaction. Each property contained different liens and tax sale certificates. The title commitment for each loan had to be very specific and detail the clouds on title for each property. We obtained numerous payoff s for tax sale certificates and duplicate certificates of redemption to clear liens. Additionally, we coordinated with all parties to close the properties on the same day, and handled the collection and disbursement of all funds, the recording of 88 deeds, 5 mortgages, 5 assignments of leases and rents and tax sale cancellations.
On another transaction we worked with the lender’s attorney and underwriting counsel to resolve an error in the survey and metes and bounds description of a 6.3- acre indoor sports complex. The solution we proposed allowed us to satisfy the lender’s requirements, insure the transaction without exception for the error and saved our client from having to obtain a new survey at significant cost.