Title Resource Group Forms Commercial Division, Expands New York Presence
July 11, 2017
Title Resource Group LLC (TRG), a subsidiary of Realogy Holdings Corp., announced the formation of a national commercial title services division, TRG Commercial. Cheryl Baillis was appointed president of the new division. Additionally, TRG acquired the assets of New York-based EAM Land Services. TRG reported it will merge its existing Skyline Title operations to form a new company, which will operate as Pro National Title Agency LLC, pending customary regulatory approval.
"We saw a strategic opportunity to reach across our local operations in 40 markets and align our commercial title operations into one division under Cheryl Baillis' leadership, while also adding an essential component to our national commercial strategy by acquiring a well-established presence in New York from which to grow our national commercial business,” said Don Casey, president and CEO of TRG. “EAM Land Services is a well-positioned company with strong leaders, and we are proud they will be a catalyst for our new national commercial title services division, TRG Commercial."
EAM Land Services' former principals, Chris McKenna and Eric Fein, have been named co-CEOs of Pro National Title Agency. McKenna and Fein have over 60 years combined experience in the residential and commercial title insurance market.
Skyline Title's residential title operation will become part of Pro National Title Agency and will continue to serve its clients in the greater New York metropolitan area.
The newly combined operations will continue to operate from their current locations in Manhattan and Long Island, creating a New York presence from which TRG Commercial will source and grow its national commercial services, TRG said in a release.
"We are pleased to be joining a great team at TRG to form Pro National Title Agency, and use our expertise to help propel TRG Commercial and Skyline's residential operations forward,” McKenna said. “We are fortunate to have assembled some of the most talented title professionals in the industry to accomplish this goal."
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