Silver Bay Realty Trust Corp Acquires 2,373 Properties from The American Home for $252.2 Million

Silver Bay Realty Trust Corp Acquires 2,373 Properties from The American Home for $252.2 Million

OS National serves as lead title agent; company has served as the lead title agent on over $10 billion of title insurance liability underwritten since 2013

PR Newswire

DULUTH, Ga., April 16, 2015 /PRNewswire/ — OS National, LLC, a nationwide provider of residential and commercial title and escrow services, served as the lead title agent for Silver Bay Realty Trust Corp’s April 1 acquisition of a portfolio of 2300+ properties located in Georgia, Florida, Tennessee, North Carolina and South Carolina from The American Home. OS National coordinated all the title work on the properties in the acquisition. OS National has served as the lead title agent on over $10 billion of title insurance liability underwritten since 2013.

“The single family rental market is burgeoning, and since 2013 we’ve been part of many of the key transactions,” said Charles Chacko, co-founder of OS National. “Although it’s a relatively new industry, it has been growing and we expect that growth to continue in 2015 and beyond. It’s important that the parties in these transactions work with an expert title partner who can navigate the challenges associated with ownership issues and code enforcement liens.”

OS National coordinated all title work on the transaction, including the coordination of title searches, title curative, coordination of conveyance deeds and mortgages, escrow, recordation of deeds, and issuance of title insurance policies.

“OS National provides a single point of contact for the title insurance process, which is rare in this industry,” Chacko said. “With state-of-the-art technology and a strong focus on customer service, we are able to handle complex multi-state and multi-property transactions with ease, delivering on-time closings while exceeding clients’ expectations.”

About OS National

OS National, LLC, is a nationwide provider of residential and commercial title and escrow services. The company works with national lenders and banking institutions, REITS, mortgage servicers and investors to protect their interests in real estate transactions, specifically in the areas of property title and title insurance. OS National is a licensed agent for most of the country’s major national title underwriters, with work ranging from single property transactions to multibillion-dollar deals between multiple parties. To learn more, please visit www.osnational.com

Press Contacts

Ron Anderson
Strategic Vantage Marketing & Public Relations
RonAnderson@StrategicVantage.com
770.715.0655

Mary McGarity
Strategic Vantage Marketing & Public Relations
203-513-2721
MaryMcGarity@StrategicVantage.com

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/silver-bay-realty-trust-corp-acquires-2373-properties-from-the-american-home-for-2522-million-300066980.html

SOURCE OS National, LLC

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