Michael Birajiclian, Esq. Joins TitleVest as Managing Director of Business Development

New York, New York (PRWEB) March 9, 2009

TitleVest, a Manhattan-based provider of title insurance and related real estate services, announced today the hire of Michael Birajiclian, Esq. as Managing Director of Business Development.

Over the past decade, Birajiclian has closed more than $ 8 billion in real estate transactions in positions held at several leading investment banks including Bank of America, Nomura Credit & Capital and Morgan Stanley, and most recently as an attorney in private practice at Stark, Amron & Liner, LLP. In his new role as Managing Director of Business Development at TitleVest, he will leverage his vast industry experience and relationships to cultivate new sources of business for TitleVest.

During his tenure with the Bank of America, Birajiclian, a principal in the Real Estate Structured Finance Group, structured and closed in excess of $ 4 billion in conduit, leveraged finance and syndicated transactions; negotiated participation, intercreditor, pooling and servicing agreements and all related transfer documentation; and headed the deal team that closed Bank of America’s portion of the 2006 CMBS Deal of the Year: Toys ‘R Us.

At Nomura Credit & Capital, Inc., Birajiclian managed the loan closing department from the group’s inception and worked directly with program counsel in developing Nomura’s fixed rate, floating rate and large loan form documentation; closed and structured in excess of $ 3.2 billion of fixed and floating rate conduit loans; and negotiated mortgage loan purchase agreements with third-party correspondents to build origination volume.

In the Securitized Products Group at Morgan Stanley, Birajiclian worked closely with the trading desk, originating bankers and outside counsel concerning the proper structure of commercial mortgage and franchise mortgage loans.

In his most recent position at Stark, Amron & Liner, LLP, a New York City based real estate and structured finance practice, Birajiclian represented commercial banks and mezzanine funds on loan closings, preferred equity investments, participations, workouts, foreclosures and general commercial litigation proceedings; advised clients regarding distressed debt and workout situations for sub and nonperforming loans focusing on maximizing asset value; and drafted and negotiated all related loan documentation with a focus on client relationship management.

“I am thrilled to be joining the TitleVest team,” said Michael Birajiclian. “Through my many years as a banker and attorney on numerous large, institutional deals, I know the type of service expected and what it takes to get deals closed. I look forward to working with my extensive base of real estate professionals, as well as developing new relationships and providing them with the very best service in the title industry.”

“Michael is an excellent addition to our team,” said Bill Baron, President of TitleVest. “His extensive experience closing large commercial transactions along with his close relationships with many top industry professionals will help expand TitleVest’s business and reputation as one of the preeminent title insurance providers. We look forward to working with Michael and anticipate great results.”

A resident of Brooklyn, Birajiclian holds a Juris Doctor from the University of Louisville School of Law and a Bachelor of Arts in English from the University of Vermont. He is a member of the American Bar Association, Kentucky Bar Association (Oct. 1997), New York Bar Association (Oct. 1999), Real Estate Lenders Association and Mortgage Banker’s Association.

Michael can be reached at 212.757.5800 ext. 248 or mike (at) titlevest (dot) com

About TitleVest

The TitleVest family of companies consists of TitleVest Agency, Inc., 1031Vest, LLC, and Vest Insurance Brokerage, LLC:

TitleVest (TitleVest Agency, Inc.) is a leading provider of title insurance, cooperative apartment lien searches, and related real estate services. TitleVest is a policy issuing agent for First American Title Insurance Company, Chicago Title Insurance Company, Fidelity National Title Insurance Company, Stewart Title Insurance Company, Old Republic National Title Insurance Company and Commonwealth Land Title Insurance Company.

1031Vest (1031Vest, LLC) is a leading Qualified Intermediary for IRC Section 1031 Tax-deferred Exchanges. A proud member of the Federation of Exchange Accommodators, 1031Vest is fully bonded and insured.

InsureVest (InsureVest Brokerage, LLC) is a full-service property and casualty insurance brokerage offering a full line of business and personal insurance products from its network of the leading and highest-rated insurance carriers.

# # #







More Securitization Press Releases

Emerging Payments Technologies, Inc.: Mr. Steven Kietz Expands Role as Chief Revenue Officer; and Mr. Eric Gelb Assumes Senior Vice President of Business Development


Secaucus, NJ (Vocus/PRWEB) March 22, 2011

Emerging Payments Technologies Inc., creator of the alternative payment solution CredEx

Avenue 365 Lender Services Adds Shegun Onakomaiya as Vice President of Business Development for its Default Services Division.


Plymouth Meeting, PA (PRWEB) December 01, 2011

Avenue 365 Lender Services has announced Shegun Onakomaiya as its new Vice President of Business Development for its Default Services Division. Avenues Default Services Group has been growing exponentially since its inception earlier this year. Onakomaiyas role will be to expand the client base and find additional ways in which Avenue can serve its existing clients.

Onakomaiya spent 8 years at Citigroup Global Markets, Inc., most recently as a transaction manager in the acquisition and securitization desk. As such he has deep and firsthand experience from the customers perspective. He has interacted with dozens of asset managers, hedge funds, investors, and servicers, and plans to bring those contacts and solid relationships to his role at Avenue.

Our Default Services Group has grown by almost 100% every month since inception. I believe that Sheguns experience, great reputation in the default space, and extensive contacts will assist us in continuing that growth. Our team brings unparalleled customer service, true knowledge of collateral and title issues, and a commitment to partnering with our clients for smoother transactions. Shegun will take that message to the street and we believe the result will be phenomenal for us and our clients, said Ryan Peterson, President and CEO of Avenue 365.

Avenue 365 Lender Services is a customer-focused, technology-inspired national title insurance and settlement services provider with an unwavering commitment to provide every consumer, originator, and lender with an unparalleled experience with every loan closing. They conduct business in all 50 states for both Origination Services and Default Services. Their customers include national mortgage banks, lenders, retail mortgage brokers, asset managers, investment funds, REO managers, and servicers. To learn more visit http://www.avenue365.com.

###







More Securitization Press Releases

Tumble 2012 REBNY Retail Report Exhibits Manhattan True Estate Heading Atrong, BCG Lawyer Research Confirms Development


Pasadena, CA (PRWEB) December thirteen, 2012

The Tumble 2012 Retail Report of the True Estate Board of New York (REBNY) confirmed that the Manhattan retail actual estate industry is heading strong with increased need and constrained provide, specifically in the large profile retail corridors. In accordance to the REBNY, the contributing factors in the toughness of the marketplace consist of the financial restoration, uptick in client self-assurance and the strong tourism in NYC. Rents in important areas are at an all time higher. In spots like Broadway: seventy two-86 St, floor floor retail space rent in Slide 2012 has jumped by 31% in opposition to the rent in Spring 2012.

&#thirteen

BCG Legal professional Look for lawful recruiters in New York are confirming that the need for lawful solutions of real estate lawyers, particularly these with economic skills are on the rise in New York. Whilst nationwide, right now, BCG Attorney Lookup clientele are asking authorized recruiters to fill about 227 present openings for actual estate legal professionals, at minimum 32 actual estate attorney work were in New York and thats far more than fourteen percent of the demand knowledgeable nationally at this authorized recruiter organization.

&#thirteen

Inside of true estate regulation, according to BCG Lawyer Research legal recruiters, need is strongest for attorneys with encounter in actual estate finance, which includes mortgage loan securitization, federal government-assisted funding, credit rating examination, leasehold funding, and each interim and extended-phrase funding. Funding is usually one of the main considerations for homebuyers and developers.

&#thirteen

The require for real estate legal professionals with fiscal skills has developed for three causes one) Actual estate buyers had been getting up foreclosed property at low cost charges, and are starting to make them obtainable to the marketplace, now that the economic system is selecting up. two) A lot of properties continue being tied up in fiscal obligations and lawsuits and transfer is not possible without having correct professional guidance, and 3) Hurricane Sandy has brought in the require for reconstruction and reimbursements where real estate lawyers with monetary experience are necessary.

&#13

The rise in demand from customers for legal solutions in the actual estate sector is heartening for true estate legal professionals, and Margaret Gilleran, a New York lawful recruiter at BCG Legal professional Search said, For lawyers who commenced in 2008 via 2010, there wasnt a lot heading on in that apply region and people whod normally be practicing in true estate finance were placed elsewhere. The handful of real estate attorneys who did handle to locate company positions had been very handful of, so now that the industry is undertaking greater, its quite active. If you have a mid-level attorney in real estate, legislation companies are jumping to hire them due to the fact there arent a good deal of them around.

&#thirteen

About BCG Lawyer Lookup:

&#thirteen

BCG Legal professional Search is a leading recruiting firm for skilled lawyers in the United States. Given that the yr 2000, BCG Legal professional Look for has placed hundreds of lawyers with companies who have been the greatest suit for person candidates, and served legislation firms and companies with their recruitment endeavours. The web site of BCG Legal professional Research is here http://www.bcgsearch.com/

&#13
&#thirteen
&#13
&#13
&#thirteen