COMMERCIAL SERVICES DIVISION
Linear Title & Closing Ltd. has the depth of
experience and breadth of resources necessary to successfully
process a broad range of commercial real estate transactions. The
company’s knowledgeable, service-oriented professionals boast, on
average, more than 10 years experience in the title industry with
extensive familiarity with high liability commercial underwriting,
settlement and national multi-site transactions.
Built upon a strong foundation of legal and title experience from
which to deliver outstanding results, the Commercial Division
team of title officers, examiners, underwriters and escrow officers
consistently formulates creative approaches to the bevy of
challenges that arise with complex commercial transactions. Thanks
to experienced and empowered local management, you are guaranteed
the specialized, flexible service of a familiar and proven network
of seasoned professionals so that you and your customers
successfully close commercial transactions with expert and timely
professionalism.
Resourceful and solutions-driven, Linear Title & Closing Ltd.
offers the critical mix of nimble decision-making and hands-on
experience needed for commercial underwriting. Whether your title
work involves a residential subdivision, commercial developments or
resales, industrial projects, investment property or government
project work, Linear Title & Closing Ltd. will provide sound,
reliable commercial title and escrow services.
The following are examples of recent commercial property
transactions managed by Linear Title & Closing Ltd. professionals:
-
$638 million acquisition of a publicly traded
REIT with 37 outlet centers throughout the United States, and
over 10.4 million sq. ft. of GLA;
-
$19 million acquisition of a “town center” shopping
mall with 246,000 sq. ft. on behalf of New York City based REIT;
-
$24 million acquisition of vertical mall/commercial
condominium with 200,000 sq. ft on behalf of private investors from
Europe and the United States.
With respect to quality control, Linear is committed to
ensuring that our clients are satisfied with our services and that those
services are quality focused. As such we believe it important to engage
outside professionals to constantly review our processes and to make
recommendations in areas that can improve our commercial business
model. We are committed to strong growth but our Quality Control
Protocol ensures that Linear will maintain the same level of quality
even through times of expansion.
Our financial information is reviewed monthly by a major accounting
firm. This firm is also responsible for generating financial statements
and reconciling every Linear Title & Closing, Ltd. bank account
each month. Moreover, this firm reviews our financial statements
monthly and makes recommendations in the areas that can improve our
company. The purpose of the review is to prepare ourselves for a year
end financial audit and to ensure that our accounting, banking and
financial process are in order
Our processes for clearing title, abstracting, performing curative
functions, closings and title insurance are reviewed for compliance
quarterly by the law firm of Bardorf & Bardorf. This firm has over 30
years experience in residential and commercial real estate closings.
Their objective in the quarterly audit is to locate areas that we can
improve and to consult Linear Title & Closing in areas of the law
and compliance that affect our operations and business itself. |
