Expertise in Action

GRS | Title provides Insurance Services on $1.1B Multi-State Timberland Sale

GRS | Title was recently hired to assist with a $1.1-billion sale of timberland that the major firm MeadWestvaco decided to dispose. It was a five-state transaction, and GRS | Title served the 125,000 acres sold in Virginia.  Through its managed network, GRS | Title was able to examine over 600 parcels and underwrite title commitments on each of them.  This was far from easy as some of properties had obscure boundaries.  GRS | Title was engaged because of the firm’s experience in handling larger, more complex transactions.  GRS | Title director, Steve Francis, spearheaded the project.