Real Estate Transaction Insurance
CRE Insurance Solutions (“CREINS”) is a specialty insurance broker that partners exclusively with a leading global surplus lines insurance company to place insurance coverages related to commercial real estate debt and equity transactions. This unique partnership enables CREINS to provide innovative insurance solutions to address the complex needs of real estate developers, owners, institutional investors/lenders and other market participants. CRE Insurance Solutions™ brokered coverages include: Lease Enhancement Insurance, Residual Value Insurance, Shortfall Insurance and Zoning Non-Conformance Insurance. These coverages are also commonly referred to as casualty insurance, condemnation insurance and gap insurance. Our insurance company partner has been a leading provider of Lease Enhancement, Shortfall and Zoning Non-Conformance insurance for more than 20 years. As an industry leader, they possess the knowledge and expertise to evaluate and underwrite all types of transactions.
CREINS evaluates transactions directly from owners, developers, lenders, investment bankers and other market participants, as well as, other surplus lines insurance brokers. CREINS takes pride in providing a simple, yet straight forward approach. When you receive a quote through CREINS it will only have the proposed premium charged by the insurance company and the required state premium tax and stamping fee amounts. Our compensation is in the form of a commission from the insurance company with no additional fees to our clients (CREINS does not charge due diligence fees, policy fees or any other fees that are retained by CREINS).
CREINS was formed in 2017 by Loc McNew and Lew Burleigh. Mr. McNew, an investment-industry veteran, and Mr. Burleigh, a legal-industry veteran, have more than 80 years combined experience in credit tenant lease, real estate investment, debt and equity transactions. Their expertise and the team they have assembled enables CREINS to respond to the increasing demands of the marketplace by crafting innovative insurance solutions in a consistent and responsive manner.