PLYMOUTH MEETING, Pa., Dec. 13, 2016 /PRNewswire/ -- Silk® Title & Escrow LLC announced today the opening of its high tech, state-of-the-art, Operations Center in Warwick, Rhode Island. The office is located in the sought after, class A, Summit Office Park.
Silk® Title & Escrow, LLC has seen significant growth over the last year, increasing business by over 500%. "This success is a result of our proprietary business process and forward-thinking technology, which has allowed us to acquire new clients and increase market share," Marc Trachtenberg, CEO of Silk®, stated.
"With the recent promotions of Sarah Silva to Executive Vice President of Operations and Trachtenberg to CEO, it only made sense to leverage their extensive network in the New England region. Prior to joining Silk®, both Trachtenberg and Silva spent years in the title and settlement industry with companies in Rhode Island," Lance Silver, Chairman of Silk®, stated. He continued, "Rhode Island is a very strong market for title and settlement personnel, making the Warwick location a logical choice."
"This is an exciting time for Silk® Title & Escrow. The Rhode Island office represents the future. It features state-of-the-art technology and an open concept, eliminating the cubicles associated with a typical title operations center." Sarah Silva, EVP at Silk®, explained. "People, process and technology will certainly have a continued impact on the company as well as the industry. The opening of this center will spur the future growth of not only Silk® Title & Escrow, but the Silk® Companies in general," concluded Trachtenberg.
About Silk® Title & Escrow LLC:
Silk® Title & Escrow LLC, a Delaware limited liability company (f.k.a. Silk® Abstract Company, a Pennsylvania limited liability company), is a National title insurance, search, settlement and escrow provider, focused primarily on collaborating with lenders to simplify and streamline their mortgage loan settlement processes to enable the closing of more loans in a more cost-effective manner.
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SOURCE The Silk Companies