Whether you’re acquiring an investment property, developing a new project, or refinancing an existing holding, you must have a title and settlement agency that understands the nuances of complicated commercial transactions. As a preferred investor’s title company, NexGen is that partner. We work seamlessly with transactional attorneys, commercial lenders, leasing and sales agents and developers to ensure every transaction is handled with competence, accuracy, and professionalism.
We understand that title is first up on the due diligence list. Upon engagement of services, our Title Operations Team quickly jumps in to order the title work. Prior policies are requested, assessments and deeds are pulled, and the exam is ordered, being mindful of the best rates for the insurance premium and the search work.
As part of our comprehensive services, we provide real estate title insurance, helping to protect your investment and facilitate smooth transactions .Once the title search comes in, notes and copies are quickly pushed to our underwriting team to draft the commitment and proforma endorsements. The hyperlinked title commitment is forwarded to the attorneys representing the buyer, seller and lender so they can review and provide comments. As needed, underwriting counsel is a phone call or email away to assist with coverage questions and out of the box insuring provisions. We then stay glued to the transaction to assist with due diligence matters such as survey/plat support, zoning letters, mechanic’s lien coverage and additional deposit confirmations.
Put simply, we rock the commercial acquisition and development world.
Why Developers and Investors Work with NexGen
At NexGen, we understand that developers and investors require a reliable and efficient partner when it comes to navigating the complexities of commercial real estate transactions. Our experienced team offers a comprehensive range of services that address the unique challenges of title and settlement processes, ensuring timely and accurate results. Whether you’re dealing with fast-paced closings, complicated construction projects, or cross-state transactions, NexGen is committed to providing seamless support every step of the way. Below are key reasons why developers and investors trust NexGen as their go-to title and settlement agency:
- Timely and Accurate Title Documents and Closings
We understand the need to get the title commitment out quickly, work through due diligence challenges, and manage the fast pace of the closing process. Our title and settlement teams step up to meet these timing challenges aggressively and efficiently. As a reliable title insurance agency, we prioritize speed without compromising the quality of our work, making sure that each transaction is handled smoothly and professionally. - Collaborative Approach
We have collaborated successfully with almost all of the transactional attorneys in Hampton Roads, and many across our Commonwealth and the State of North Carolina. We work closely with your attorney and paralegal, lender’s counsel, the bank’s back-office banking team, and seller’s counsel to ensure clear communication and efficient coordination from start to finish. You need a quarterback to coordinate the pieces, and we are very comfortable (and prefer) assuming that position. - Strong Construction Background
Construction transactions are complicated, requiring a level of expertise beyond typical closing and real estate title insurance services. At NexGen, these transactions are an opportunity for our team members to shine as a new project progresses from plans on a sheet of paper to a completed high-rise hotel, apartment building, shopping center, or warehouse. Mechanic lien coverage, construction draw management, and final contractor signoffs are all covered by these services. - Local Insight, Regional Reach
We are situated in Downtown Norfolk, our team calls Hampton Roads their home, and we work on commercial transactions throughout Virginia and North Carolina. We combine local expertise and connections with the capacity to support your acquisition or project anywhere across our footprint.
A Trusted Title Partner for Growth-Oriented Clients
At NexGen, we focus on insuring your investment and streamlining every step of the title and settlement process. You should have the very best working on your acquisition or development project, and we are just that . . . the very best commercial agency in the Commonwealth.
Have questions? Call Dave Breen or Kris McNamee at (757)350-4580 for a candid discussion about your project. Also, check us out on LinkedIn to learn more about the commercial market segments we follow and report on.