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5.12.2008

Advantage Co-Insures Title for $242.1 Million Commercial Loan for Washington, D.C. Office Project


Huntington, NY - Advantage Title Agency Inc., a leading title insurance agency and one of the Advantage Group of Companies, participated in the underwriting of title insurance for a $241.1 million acquisition and construction loan made by an international corporate and investment bank. The project involves the development of a multistory office building project located in downtown Washington, D.C.

“Advantage is proud to have played a role in this transaction, which represents part of our continuing expansion into the growing national commercial title market,” said Joseph Willen, president of the Advantage Group. “Our talented staff once again has shown extraordinary competence in handling a complex transaction.”

Advantage Title has an in-house legal staff that provides advice on underwriting transactions anywhere in the United States and in international markets.

About Advantage Group of Companies
Based in Huntington, NY, the Advantage Group of companies comprises five affiliated businesses, including Advantage Title, which was established in 1987 and has insured thousands of real estate transactions and noninsured searches and foreclosure certifications for attorneys, developers, and lenders in the tri-state area. Other companies in the group are Advantage Foreclosure, Advantage Legal, Advantage Settlement and the Mortgage Advantage and together the five businesses employ more than150 people, including five in-house attorneys with regional, national and international expertise. For more information about Advantage call (631) 424-6100 or go to www.advantagetitle.com