Escrow Services
Individual, Commercial and Corporate
Transactions are becoming increasingly complex. Many transactions now require that funds, securities, or other assets are held in escrow until the agreed upon stipulations of the transaction are completed or met. An effective escrow arrangement requires flexibility and quick turn-around on the part of the escrow agent to accommodate the requirements of each individual transaction. It is important that every aspect of the escrow must be tailored to meet the unique and specific needs of the client. Coral Gables Trust has a high degree of proficiency in this regard.
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Escrow Situations |
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Features of CGTC's Escrow Services |
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Commercial Real Estate
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Like Kind Exchange
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Litigation
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Merger & Acquisitions
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Lease Finance
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Project Finance
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Capital Raising
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Regulatory
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Segregated Funds
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Bankruptcy
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Deposits held in segregated escrow accounts
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Accounts governed by a standard agreement between the promisor, the promisee and CGT
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Rapid turn-around of with respect to due diligence, escrow agreement and account opening process
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Dedicated relationship team to guide clients through the process
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Monthly reporting of all escrow account transaction activity
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Online view access for transaction activity in the escrow account.
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Benefits of CGT's Escrow Services |
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Mitigation of transaction risks
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Written instructions provide transparency and an assurance that the assets are secured
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Safeguards the transfer of assets until fulfillment of pre-agreed conditions
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Wide variety of investment options including money market funds, interest and non-interest bearing investments, CDs/time deposits and customized portfolios
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