Statewide Abstract Corp. acquired Land Transfer Ltd. of White Plains, N.Y. Land Transfer was established in 1986 by Gordon Perkel, who was later joined by Michelle Natoli. The pair will be joining Statewide Abstract’s team as part of the acquisition.
Statewide Abstract Corp. has been providing title insurance to the real estate industry for more than 35 years. Its president, Ken Meccia, has seen numerous changes in the title industry over that time. He said, “Perhaps the most significant change is the fact that almost every mortgage company and bank now has their own internal title company which enables it to keep more of the revenue stream in house.
“We have 35 years in the business and we have seen it all,” Meccia continued. “We have assembled a dedicated, knowledgeable and experienced team of individuals who care about the clients, understand the work they do and always go the extra mile, and I believe that’s what sets Statewide apart and has enabled us to continue to grow as an independent title insurance company, while others have disappeared. We welcome Gordon and Michelle to our team and know that their expertise and the reputation of Land Transfer will serve to enhance our ability to serve our clients with the highest quality standards possible.”