TriBridge Residential recently completed two massive multifamily housing acquisitions in Florida, relying on Calloway Title and Escrow’s expertise to handle the title work and streamline the closing process. The first acquisition, the 312-unitExchange at St. Augustine Apartments, closed for $57.66 million. The second deal involved The Mark at Wildwood, a newly built 294-unit apartment community in Oxford at the edge of The Villages—one of Florida’s most sought-after master-planned communities.
Notably, the multifamily sector has shown resilience despite a supply shock, with national vacancy rates increasing only 10 basis points in Q4 2024, supported by strong rental demand and steady absorption of nearly 500 units monthly over the past year, according to Moody’s CRE Q4 trends.
If you’re a real estate investor or developer considering your next acquisition or development project, here’s why consistently partnering with the same title company can transform how you do business—just like Atlanta-based TriBridge Residential does with Calloway Title.
1. Streamlined Processes Lead to Faster Closings
Working with the same company simplifies your workflow. Over time, the title company becomes deeply familiar with your business processes, preferred communication methods and nuanced requirements. Plus, they already have access to your prior documentation. A title company that knows how you operate can expedite these administrative steps, reduce bottlenecks and close deals faster—helping you meet critical deadlines and stay ahead in competitive markets, especially in high-demand regions like Florida.
2. Proactive Problem-Solving Based on Past Experiences
Seasoned real estate investors know that no two deals are alike. From title defects to zoning complexities, every transaction comes with its own set of curveballs. When you consistently work with an experienced title company, they gain an understanding of your unique goals and common challenges that crop up in transactions similar to those you’ve managed in the past.
When Calloway Title supported TriBridge Residential, we drew upon our deep understanding of multifamily property acquisitions in the Southeast, where variables like jurisdictional regulations and encumbrances can differ drastically from state to state. Our local experience and vast knowledge ensured TriBridge Residential closed both deals seamlessly.
3. Enhanced Communication Reduces Errors and Risks
Clear, effective communication is vital during any commercial real estate transaction. Misunderstandings or errors can result in costly delays or even legal disputes. A trusted partner who understands your priorities reduces that risk significantly.
When you work with the same title company repeatedly, you build rapport and the lines of communication naturally improve.
At Calloway Title, we focus on building relationships. We learn who your key decision-makers are, your preferred forms of collaboration (i.e., in person, over the phone, email, etc.) and your timeline expectations, and we’re always ready to answer your questions.
Why It Pays Off Long-Term
Investing in a long-term relationship with a commercial title company like Calloway Title doesn’t just save time—it protects your investments and strengthens your competitive advantage. These benefits grow exponentially with every deal, across property development and large-scale acquisitions, especially in booming markets.
Companies like TriBridge Residential are building frameworks for future growth, region by region, project by project.
