Commercial
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Commercial
Market conditions present unique opportunities in the commercial real estate sector. At Crown Title, we’re committed to coming alongside our clients to strategize the best way to close on their significant investments. We’ve led on a wide range of transactions for our CRE partners, from acquisition and rehabilitation of industrial properties, boutique hotels and public housing. We know these transactions are high stakes and can get complicated ahead of the closing. That’s why it’s important to have an attorney-led title firm on your side!
Our Commercial Services include:
- Acquisition & Development
- Contract Negotiation & Preparation
- Document Production Services
- Formation of Legal Entities
- Complex Tax Planning & Succession Planning
Over the years, our Commercial Team has closed countless commercial transactions across the country. These include commercial office buildings, hotels, multi-family units, restaurants, shopping centers and more.
Click here to read about one of our most notable transactions and how we were able to “WOW” our client!
Some of our recent transactions from the Crown Title commercial team are below:
- South Carolina Acquisition and Rehabilitation of Warehouse Site: $7.65 million
- Represented a National Trucking Company with the acquisition of 14.71 acre tract of land, near a major interstate in South Carolina
- Represented a Real Estate Investment Trust (REIT) in their acquisition of 15 hotels in the Mid-Atlantic Region
- HUD Tax Credit/Section 8 housing – $24 million in transactions
Commercial Highlight
At Crown Title, our work ethic and commitment to our customers speaks for itself. Here’s an example from a recent commercial real estate transaction we were entrusted with leading on a tight deadline and where our integrity made all the difference:
Our team received a call at 4:40 p.m. on a Thursday from a commercial lender asking if we could conduct a purchase closing for 16 commercial properties, in four different states, by Monday. Another national title company had refused the deal, citing the inability to make the deadline. But a lot was on the line – the borrower was at risk of losing the $650,000 deposit he had posted for the sale of a large commercial property.
We immediately went into action and accepted the challenge. Our search team started its work that night and we collaborated on formatting the file and assisting with legal descriptions and tax clauses. This teamwork resulted in our attorney forwarding the commitment to the lender on Friday so closing documents could be prepared.
We worked throughout the weekend to anticipate any closing issues, and the deal was funded and closed at 4:30 p.m. that Monday.
The borrower saved the money, and we showed the strength of the Crown Title team!
Get In Touch
Contact us today to learn how we can help you