Why Five Points
Five Points Abstract is a New York City and New York State-certified Minority-Owned Business Enterprise, providing title insurance, escrow services, and search products to the real estate community.
With more than a billion dollars in complex residential and commercial real estate transactions, we apply vast experience in developing focused strategies for market growth and brand awareness, while preserving and growing our most important asset – the trusted relationship with our clients.
We pride ourselves as an industry innovator by providing turnkey solutions to our clients, thus avoiding challenges that could prevent closing with clear and marketable title. Our commitment is to get the job done quickly, effectively and with integrity.
Our specialized data aggregation platform is capable of generating over 100 types of property searches to help compliment your title and property due diligence.
Five Points Abstract has been involved in demanding development and refinancing transactions, for both commercial and residential properties, covering products such as High-End Cooperative and Condominium Apartments, Multi-family and Mixed-Use Apartment Buildings, Office Buildings, and Health Care facilities.
We have worked alongside: Citibank, Carver Federal Savings Bank, The North East Brooklyn Development Corporation, SUNY Downstate, LaCite Development, Annaly Commercial Real Estate Group, Carthage Real Estate Advisors, as well as numerous real estate attorneys representing both residential and commercial real estate clientele.
Five Points Abstract has an adamant commitment to giving back and so we focus many of our efforts, affiliations, and partnerships on providing thought leadership around corporate responsibility, sustainable investments and raising awareness for communities around the city.
Our Leadership
Our CEO Douglas “Doug” Giles, who has served in the title industry for more than a decade, focuses on business development, client relations, and day to day operations at Five Points Abstract. Formerly, he served as Assistant Vice President of Business Development with First American Title; Vice President of Business Development at First Nationwide Title, an AmTrust Financial Company. He is proudly affiliated with Northside Charter High School in Williamsburg, Brooklyn; The Borough Development Group in Brownsville, Brooklyn; he is a member of New York State Association for Affordable Housing; Board Member of the Mortgage Bankers Associaton of New York; the Program Committee for the Mortgage Bankers of New York’s Real Estate Lending Summit; as previous Executive Vice President of the Council of Urban Real Estate C.U.R.E.; and as previous Board Member of the Young Mortgage Bankers Association of New York.
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Minority-Owned Business Enterprise
Five Points Abstract is proud to recognized by the State and City of New York as a Certified MBE. In addition to benefiting from client-first focused service, our clients capitalize on the tremendous financial incentives gained from doing business with a minority-owned MBE certified company such as:
- Federal tax savings incentives
- State tax savings incentives
- Reduced tax liabilities
- Legal compliance
- Fulfillment of minority-spending goals
- Other intangible benefits
Partnering with Five Points can also strengthen your brand recognition, community outreach, company culture, and marketing efforts. By meeting compliance requirements and utilizing an MBE, companies can expand their revenue by acquiring larger purchase opportunities that mandate a specific amount of spend through an MBE.
