Town Title Agency recently insured two major portfolio transactions for TJ Caleca and ProudLiving Companies. The first was a $14mm refinancing of a multi-property portfolio located throughout New Jersey, for which we had previously insured the purchase. IceCap Real Estate Loan Fund I provided the financing on the refi.
The second portfolio – comprised of eight properties in East Orange, New Jersey – was purchased for $36.2mm, with Arbor Realty Sr., Inc., providing $34.5mm in financing.
ProudLiving Companies is a vertically integrated owner and manager of real estate. Focused on multifamily and mixed-use real estate in New Jersey, they seek to acquire deep value real estate assets and dramatically improve them.
Town Title Agency strives to be the leading provider of title insurance and settlement services in all of the markets we serve. Through a client-focused service delivery model, we guarantee the highest level of customer satisfaction in every transaction. We are committed to ensuring that our dedicated team of seasoned professionals feels empowered and has the tools needed to provide superior and quality service. At Town Title, our clients’ needs are anticipated, and we operate in a proactive culture that has earned us a reputation for excellence in our industry.