Chicago-based Proper Title, LLC has added both a commercial account executive and a senior transactions manager to its team, the company announced.
The company said Richard Rischall was hired as a commercial account executive, and Angie Yoo was hired as a senior transaction manager.
“We’re handling nearly twice as many commercial closings this year compared to last year, and the value of those closings has risen, often up to $100 million versus an average of $5 million per closing a year ago,” Proper Title Vice President Kim O’Donnell said in a release.
“To service our surging commercial growth, we’re focused on adding top tier talent, which includes Richard and Angie as they are both known for providing top-notch customer service and responsiveness to their clients,” O’Donnell said. “Richard has in-depth knowledge of commercial lending and vast experience in managing multi-million-dollar client portfolios. And Angie’s experience on high-profile commercial closings in Chicago’s hottest downtown submarkets aligns perfectly with Proper Title’s commercial growth goals.”
Rischall has 17 years of experience as a commercial banker, most recently with Wintrust Community Bank. At Proper Title, he will focus on growing the firm’s commercial closing business by obtaining and managing partnerships with financial institutions, attorneys, developers and commercial real estate firms throughout Chicago.
“Proper Title has some of the most experienced commercial closers around that relish a good challenge – they thrive on finding solutions that get the deal done,” Rischall said. “I’m excited to bring my experience in commercial closings to this high-energy group and helping them secure even more commercial title work throughout the Chicago area.”
Yoo most recently served at Chicago Title Insurance Co., where she was an associate commercial underwriter. The company said Yoo has extensive knowledge of residential and commercial real estate transactions locally and nationally.
“As our team expands, we’re thrilled to have Angie partner with us as she’s experienced some of the most complex commercial closings in Chicago,” O’Donnell said. “Like the rest of us, she is passionate about providing top-notch customer service.”