Kensington Vanguard National Land Services has expanded its national market presence with the acquisition of a controlling interest in Property Title Group LLC, a New Jersey-based title insurance provider.
Property Title Group will continue to be co-managed by industry veterans Donald Cohen and Marilyn Henshaw, who retain ownership interests in the company.
“In Property Title Group, Don and Marilyn have built a top-flight firm with an impeccable reputation in both the commercial and residential segments of the market. Their underwriting team, led by Marilyn and John Cannito, is of the highest quality in the industry,” Brian Cooper, Co-CEO of Kensington Vanguard said.
“While Don and Marilyn will continue to manage the operation, we look forward to the KV platform adding value to the firm and its clients. We’re very excited to announce this partnership as we continue to expand both organically and through acquisition in key markets.”
Added Jarett Fein, Kensington Vanguard’s Co-CEO, “Property Title Group, an established and recognized leader in their market, made for an ideal KV partner in the state of New Jersey. Their high quality customers, exceptional service and experienced underwriting team were on brand with Kensington Vanguard’s commitment to excellence and they were a perfect fit for our expansion objectives to identify and partner with best-in-class providers in their respective markets.”
Earlier this year, Progressive Title, co-founded in 1981 by Marilyn Henshaw, merged into Property Title Group. The combined organization provides title insurance services to leading NJ-based real estate operators and developers, as well as both commercial and residential attorneys and realtors.
Cohen said, “Kensington Vanguard is the right strategic partner for us. The Company has the foresight, financial wherewithal, national commercial title insurance capabilities, technology and back office infrastructure to continue to thrive in an extremely competitive and changing market.”
Henshaw, who served as President of the New Jersey Land Title Association Agency Division and is currently on the Board of Governors, added, “Brian, Jarett and the KV leadership team have built an industry leading organization, with a commitment to both exemplary client service and regulatory compliance that we have found to be a great differentiator. We are thrilled to be part of the Kensington Vanguard family.”