Investors Title – an Industry Leader
INVESTORS TITLE ...a nationally recognized and publicly traded company with exceptional financial strength, resources, and expertise that is fully committed to superior personalized service for commercial clients
Investors Title is proud of its five-decade track record of excellent financial performance and consistent profitability. Headquartered in Chapel Hill, North Carolina since its founding in the early 70s, Investors Title has maintained the #1 market share position among title insurance companies in the state since 1984.
Investors Title – a Nationwide Service Provider Investors Title’s issuing offices and commercial client network now extend well beyond North Carolina. Through a dedicated Commercial Services Division, our underwriters facilitate multi-layered commercial transactions both in North Carolina and throughout the United States, regardless of the property location. Known for being conservatively managed and operated, Investors Title Company, parent of Investors Title, is publicly traded on the Nasdaq Global Select Market under the ticker symbol ITIC. Currently, the Investors Title family of companies is the fifth-largest nationally, based on policyholder surplus (Demotech Performance of Title Insurance Companies, 2018 Edition).
“Our commercial services division continues to grow its revenue and
market share by deepening existing relationships and adding new clients. We consistently receive excellent customer feedback on our products and services and the support provided by our commercial services team members. We thank our clients for their loyalty and trust.” − Morris Fine, President & COO Investors Title Insurance Company
COMMERCIAL SERVICES Our Team Makes the Difference Capable, committed, and genuinely invested in their relationship with you, Investors Title commercial professionals provide comprehensive services for local and national commercial clients. You work directly with knowledgeable, solution-driven title counsel and underwriters who are experienced in all facets of commercial transactions: ■ Commercial specialists serve as your single point of contact through all aspects of the transaction – management and coordination of title searches, underwriting, escrow, disbursements, closing, and post-closing ■
xperienced underwriters facilitate complex E transactions with a focus on meeting the unique needs of each project and each client through: ■ underwriting expertise ■
ational transactional expertise including multin state and multi-site coordination
t racking of title searches through close management of approved providers, ensuring quality work and timely delivery
customized escrow services
“We have relied on
Investors Title for many of our projects, and we trust their expertise in resolving tricky issues to help us reach closing in a timely manner.” – Clay Grubb, CEO Grubb Properties
ESCROW & DISBURSEMENT SERVICES Operational efficiencies ensure that all parties involved receive fast, accurate, and secure settlement and escrow services. Our team has over 40 years of combined, wide-ranging experience with commercial acquisition financing and development transactions, including: ■
T ransactions comprising multiple parcels in different states and involving various buyers and/ or sellers
The commercial escrow team manages the complex details of commercial transactions, allowing you to better utilize your internal support personnel. ■
Earnest money deposits
Closing statement and disbursement services
Post-closing escrow involving our disbursement services
EXCHANGE SERVICES Wholly-dedicated to the 1031 exchange business since 1988, Investors Title exchange and accommodation professionals facilitate hundreds of forward and reverse tax-deferred transactions every year. Through our qualified intermediary and exchange accommodation titleholder services, property owners may defer capital gains recognition on the sale of property in a §1031 exchange. “Investors Title Exchange Corporation’s 1031 services are excellent and exceptional. I have had approximately twenty 1031 exchanges over the past several years with ITEC and appreciate the fast, efficient, and competent way each of these transactions was handled. The paper work is well done, the calendaring and reminders are timely, and the instruction letters to my clients are clear and to the point.”
“Rarely in our business is there truly only one choice in a partner/ relationship. But when it comes to 1031 exchanges, Investors Title is the ONLY option for us. Whether we have questions about the process or intermediary services, the ITEC team is reliable, dependable, and extremely knowledgeable in what they do. We must be going on a 20- year relationship with them by now, and I am certain it will continue.”
– Henry (“Hank”) P. Van Hoy, II Martin & Van Hoy, LLP | Mocksville, NC
–D aniel S. Kadis, President Centrex Properties, Inc. | Raleigh, NC
RISK MANAGEMENT With the increase in cybercrimes and security threats, using our commercial escrow services assists in reducing your risk. Investors Title’s internal protocols provide current and proactive security measures to ensure the safety of all funds held.
CLAIMS RESOLUTION Effective claims resolution is paramount to our policyholders. Our claims attorneys are local, accessible, and seasoned, and they use practical solutions to resolve claims quickly and fairly. Attorneys and our policyholders benefit from: ■ Early and consistent communication – direct access to the legal and administrative team
Multiple approval levels
Daily account reconciliation
scrow funds maintained E in separate interest-bearing accounts
ffective claims administration – professionals E who provide the highest service level available to investigate, evaluate, and resolve losses
256-bit email encryption
F inancial strength – an industry-leading company that prudently maintains the financial resources to meet claims obligations
INVESTORS TITLE’S COMMITMENT Personalized service in all aspects of the commercial real estate transaction: ■ Solution-driven and results-oriented underwriting and service offerings ■ Flexibility to offer tailored services to meet client needs ■ Targeted commercial continuing education and personalized commercial presentations upon request ■ Escrow & disbursement services ■ 1031 exchanges Protection through title insurance and transactional expertise: ■ Proactive risk management ■ Reliable claims resolution ■ Financial strength
COMMERCIAL SERVICES LEADERSHIP | RESOURCES With over 300 years of combined commercial real estate and underwriting experience, the Investors Title Commercial Services team is dedicated to being accessible and committed to delivering personalized and accurate service. JANE BARKLEY VP Commercial Services Division Manager & Title Counsel email@example.com 704.940.3542 M 919.695.2097
TABY CRUDEN VP Commercial Services Division & Regional Title Counsel firstname.lastname@example.org 252.489.4066 M 919.368.6703
GATES GRAINGER VP Commercial Services Division & Title Counsel email@example.com 704.940.3561 M 704.562.0724
Jane Barkley joined Investors Title in 2014 as a senior title attorney and currently leads the Commercial Services Division. Prior to joining Investors Title, Ms. Barkley was counsel to national title underwriters for over 16 years, a former assistant city attorney for the city of Charlotte, a partner at Barkley and Barkley, Attorneys at Law, and legal counsel, hearing officer, and assistant clerk of court for Mecklenburg County. Ms. Barkley is a frequent presenter on a variety of real estate topics at continuing legal education programs for the North Carolina Bar Association and the National Business Institute. A former board member of Commercial Real Estate Women (CREW), she received a CREW Networking award for influencing the success of women in the commercial real estate industry. With a bachelor’s degree from Guilford College, Ms. Barkley earned her Juris Doctor degree from the University of North Carolina School of Law.
Taby Cruden focuses on commercial and residential business development and underwriting. Prior to joining Investors Title, she served in a variety of roles, including as national counsel, commercial counsel, office manager, and title counsel and relationship manager, for several national title insurance underwriters. Ms. Cruden is a member of Triangle Commercial Real Estate Women (TCREW) and the North Carolina Bar Association. After earning a Bachelor of Arts degree from Wheaton College in Wheaton, Illinois, she earned a Juris Doctor degree from Campbell University in Buies Creek, North Carolina.
Gates Grainger specializes in commercial transactions business development and provides the direct access to solution-driven underwriting support that commercial clients require. Prior to joining Investors Title, Mr. Grainger spent 10 years as agency and underwriting counsel for a regional title agency and, before then, as assistant general counsel for LendingTree, LLC. After law school, Mr. Grainger joined the Real Estate and Capital Markets Practice Group for Parker, Poe, Adams & Bernstein in Charlotte, North Carolina as an associate. Mr. Grainger has served in a variety of other roles which include working in the Capital Markets Practice Group at Womble, Carlyle, Sandridge, and Rice, PLLC, and being assistant general counsel in the Capital Markets Practice Group for First Union Corporation, both in Charlotte. After earning a bachelor’s degree, cum laude, from Davidson College, Mr. Grainger earned a Juris Doctor degree from Duke University School of Law.
Issuing Agent of Old Republic National Title Insurance Company
COMMERCIAL SERVICES UNDERWRITING | SETTLEMENT | ESCROW | DISBURSEMENTS | EXCHANGES COMMERCIAL UNDERWRITERS
DANA AUSTIN Chapel Hill firstname.lastname@example.org 919.945.2565
MARIANNE JOINES Charlotte email@example.com 704.940.3543 M 980.214.4703
For a commercial order form, visit invtitle.com/commercial.
ANDIE RACHELS Charlotte firstname.lastname@example.org 704.940.3560 M 980.293.3921
TRACEY BIRGE Charlotte email@example.com 704.940.3562 M 704.641.5076
SARAH PALMER Kill Devil Hills firstname.lastname@example.org 252.255.0843 M 252.489.1707
For an escrow request form, visit invtitle.com/commercial.
GINA WEBSTER VP Escrow & Settlement Operations email@example.com 919.945.2471 M 919.819.3881
AMIE LINDQUIST AVP Escrow & Settlement Operations firstname.lastname@example.org 919.945.2605
KATE ASHWORTH Underwriting & Escrow Counsel email@example.com 919.945.2440
Our team looks forward to working with you on your next commercial transaction.
ESCROW COORDINATORS & ADMINISTRATION
firstname.lastname@example.org CORTNEY KAMINSKI | LINDA WAGAMON | ZANNA BARRETT | SARAH EDWARDS | CAMIE WHITE
For an exchange order form, visit invtitle.com/exchanges. CAROL HAYDEN, ESQ., CES® EVP ITEC/ITAC email@example.com 919.945.2423
VICTORIA TEMPLETON, ESQ., CES® VP ITEC/ITAC Exchange Counsel firstname.lastname@example.org 919.945.2400
Carol Hayden joined Investors Title in 1997 and serves as vice president and senior claims counsel for the company and executive vice president of Investors Title Exchange Corporation. She has worked in the title insurance industry since 1993, handling a diverse range of responsibilities including residential and commercial underwriting, escrow and like-kind exchange transactions, and title insurance claims. Ms. Hayden serves on the boards of directors for the Federation of Exchange Accommodators (FEA) and the TCF Real Estate Foundation. She holds a music degree from Temple University and a Juris Doctor degree from North Carolina Central University. Victoria Templeton serves as vice president and exchange counsel for Investors Title Exchange Corporation and handles 1031 exchange transactions including build-to-suit and reverse exchanges. Prior to working at Investors Title, Ms. Templeton worked as an attorney for several firms in California, including the Office of Counsel for IBM, Portal Software, and the Technology Finance Division of Hewlett-Packard Company. She earned a Bachelor of Arts degree in political science from Bates College in Lewiston, Maine, and her Juris Doctor degree from Santa Clara School of Law in Santa Clara, California. She has served on boards of directors for various charitable organizations since moving to North Carolina.
SENIOR EXCHANGE COORDINATORS
984.364.2752 | email@example.com
LEAH HUGHES, CES® AVP – SENIOR EXCHANGE COORDINATOR MICHAELA SCHILLING, CES® AVP – SENIOR EXCHANGE COORDINATOR GENP9620210625
COMMERCIAL CLIENT TESTIMONIALS “Investors Title Escrow and Settlement Operations has been an invaluable resource to my commercial real estate practice. As a small firm practitioner, I don’t always have the staff available to assist with certain aspects of a real estate closing, including the preparation of a closing statement and the receipt and disbursement of funds. I have found that just these two tasks alone consume hours of my time that could otherwise be spent working on other matters. With Investors’ help and expertise, I can delegate these tasks to them, confident that the work product and customer service will be second to none. This in turn allows me to focus on what’s most important, my clients’ needs. I highly recommend Investors Title to any attorney looking to maximize their output and efficiency.” – John T. Langston IV, Esq. Brockmann Law | Charlotte, NC “We have worked with Investors Title on numerous transactions, and each time is an absolute pleasure. They are professional, extremely knowledgeable, and wonderful to work with. We look forward to working with them for years to come!” – Jamie Hahl, General Counsel Sam’s Holdings/Sam’s Mart | Matthews, NC “Investors Title is committed to meeting our clients’ varied, sometimes complicated title insurance needs. They are extremely responsive and consultative even through very complex real estate transactions.” – Philip N. Chandler, Charlotte Market President UBTNC, a division of Union Bank & Trust “Having worked with a number of groups and individuals at Investors Title Insurance Company for more than a decade, I can say that their engagement, responsiveness, and problem-solving approach to matters is second to none. Morningstar Law Group’s real estate team, and our clients, have the highest confidence in Investors Title for our (and their) most complex and important transactions.” – Michael J. Ovsievsky, Partner Morningstar Law Group | Durham, NC “Investors Title and I have developed a great partnership over the years for facilitating commercial closings on behalf of my clients. I frequently utilize their disbursement services and can rest assured that they will get the job done in an efficient and timely manner. Each member of their team is professional, responsive, and knowledgeable. They do an excellent job of keeping all parties updated and informed throughout each step of the process.” – David T. Pryzwansky The Pryzwansky Law Firm, P.A. | Raleigh, NC
Issuing Agent of Old Republic National Title Insurance Company
COMMERCIAL ESCROW SERVICES ESCROW PROCESS FOR EARNEST MONEY DEPOSITS INITIATE THE PROCESS USING STEPS BELOW: 1. C omplete Commercial Escrow Request located at www.invtitle.com/commercial-escrow-request.
2. Deliver Documents
• U pload Purchase Contract and Escrow Agreement when completing Commercial Escrow Request located at www.invtitle.com/commercial-escrow-request.
• Email the Commercial Escrow Request, Purchase Contract, and Escrow Agreement to firstname.lastname@example.org. • By overnight carrier, send the Commercial Escrow Request, Purchase Contract, and Escrow Agreement to Investors Title at the address below.
3. Deliver Funds
All funds are placed in separate interest-bearing accounts. A W-9 will be required for this purpose.
• Send funds electronically (up to $100,000.00) by clicking on the following secure link: https://keybox.payload.co/investors-title-insurance-company/earnest-payment. • You will receive immediate confirmation that the transaction was successfully completed and an official confirmation of receipt in one business day.
• Wire funds. For wiring instructions contact the Commercial Escrow Department at 800.326.4842 or email@example.com. • You will receive confirmation of receipt in one business day.
• Send the earnest money check by overnight carrier to Investors Title at the address below. • You will receive confirmation of receipt in one business day.
4. Prepare for Closing
When parties are ready to close, email preliminary Settlement Statement and wiring instructions to firstname.lastname@example.org at least 24 hours in advance.
SETTLEMENT STATEMENT / DISBURSEMENT SERVICES The commercial escrow department can prepare the settlement statement and disburse, or facilitate the disbursement of, closing funds for commercial transactions. Once you have contacted a commercial escrow representative, indicated the services needed, and provided the preliminary closing date, our team will assign an escrow coordinator for your transaction. Attn: Commercial Services-Escrow 121 North Columbia Street | Chapel Hill, NC 27514 GENP9720210625
strength affords our business partners and policyholders the highest possible level of confidence in the value of our insurance product. Our long-term focus on superior financial strength distinguishes us among our peers and provides assurance that ample resources will be available to meet our claims obligations, regardless of the ebbs and flows of the business cycle.
– J. Allen Fine, Founder, CEO Investors Title Company
UNRIVALED FINANCIAL STRENGTH A leader in financial stability, Investors Title has maintained a record of excellent financial strength and performance for five decades. Visit invtitle.com for more information about our exceptional financial ratings. ■ A.M. Best Company: Financial
Strength Rating of A (Excellent) for excellent ability to meet ongoing insurance obligations (ambest.com)
■ Demotech, Inc.: Financial
Stability Rating® (FSR) of A” (A Double Prime), Unsurpassed (demotech.com)
■ Demotech, Inc.: Commercial Real Estate Recommendation:
Highly Recommended (demotech.com)
To accommodate certain transactions, Investors Title is able to serve as a title insurance agent for select national title insurance underwriters and has an automatic reinsurance treaty in place.
800.326.4842 | invtitle.com
COMMERCIAL OFFICES CHAPEL HILL 121 N. Columbia Street Chapel Hill, NC 27516 919.945.2565 800.326.4842
CHARLOTTE 5925 Carnegie Blvd | Suite 550 Charlotte, NC 28209 704.940.3543 800.669.4842
KILL DEVIL HILLS 700 Blue Jay Street | Suite 2 Kill Devil Hills, NC 27948 252.489.4066 800.280.4842 GENP7120210315