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.