Local Title Company Acquires Established Competitor

Local Title Company Acquires Established Competitor

CoreTitle Purchases Majority Ownership of Garden State Abstract

PR Newswire

MT. LAUREL, N.J., Jan. 10, 2012 /PRNewswire/ — Today, CoreTitle, LLC, a full service title insurance firm, captured the attention of the local real estate industry, purchasing the assets of competitor Garden State Abstract Company (GSA) of Marlton NJ, from GSA majority owners Jeff Snyder and Joe Ventresca, co-owners of the RE/MAX of New Jersey franchise. Principals David T. Dannheim, president, and Justin M. Steinberg, vice president, launched CoreTitle in August 2011, realizing significant growth over the past four months.

“With this purchase, we aim to strengthen our already exceptional offering,” says David Dannheim, of CoreTitle. “This is an industry with antiquated processes, but we’ve embraced the digital age here at the CORE to deliver the premier real estate settlement experience. And our customers tell us we’re ‘doing it!'” CoreTitle plans to raise the bar on customer care, set new standards for best practices, and refine business production with new technologies and platforms. With their underwriter working on site, the CoreTitle team can resolve any and all title issues instantly.

According to Anne Brennan, president, Garden State Abstract, “To be successful, we must sever ties with the past. So, David, Justin and I will begin that process by closing GSA, so that we can begin this year under one name and one roof.” Dannheim and Steinberg will officially dissolve GSA and assimilate its assets into CoreTitle immediately. The company will retain all of GSA’s employees, who will join the CoreTitle team in its Mt. Laurel headquarters by January 30, 2012. Brennan adds, “We’re excited to become part of the CoreTitle family. Energized by its premier service value proposition, we feel a sense of liberty to deliver at the top of our game.”

“We’ve brought a strong team of professionals into the Core,” says Justin Steinberg, of CoreTitle, “some of our industry’s best. Anne Brennan joins an already strong leadership team here, including many others with depth and breadth in closing and production experience. Without skipping a beat, we’re poised for service with a sharp competitive edge.”

CoreTitle, LLC, a full service title insurance and settlement company prides itself on exceptional-level service, focusing on the entire customer experience. The CoreTitle team offers extensive knowledge in residential purchases, commercial transactions, foreclosures, deed transfers, escrow agent services, title searches, lien and judgment searches, tax sale assistance, land recordings, title insurance, short sale assistance and a plethora of attorney/realtor services. For more information visit: http://www.coretitle.com.

SOURCE CoreTitle, LLC

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