Leverage Comerica’s experience to help take the bumps out of the road on the way to a successful merger or acquisition. Let us guide your organization through key portions of the process, such as representations and warranties, working capital adjustment, indemnification, severance package escrows and more.
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1031 Exchange and Corporate Escrow
Seasoned escrow professionals, not just bankers
Comerica knows proactive financial services are integral to your organization’s success – and managing complex transactions requires experience. See how we engineer solutions that help our clients solve even the most complicated corporate banking challenges.
John McQuiston
VP, National Manager, Specialty Assets
Comerica Trust
Mark Pacitto
VP, Corporate Escrow & 1031 Exchange Team Lead
Comerica Trust
Mike Doyle
VP, Corporate Escrow & 1031 Exchange Team Lead
Comerica Trust
Escrow solutions for complex transactions
With our nationwide presence, billions of dollars in transactions and a strong focus on relationship banking, Comerica has the capabilities your company needs to manage the most complex corporate transactions with confidence.
Explore our corporate financial services
As your 1031 Exchange Qualified Intermediary, Comerica will facilitate the exchange of properties, hold the proceeds from the closing of the relinquished property in a segregated, FDIC-insured depository account, and provide all the necessary documents. for
Comerica provides escrow solutions to ensure future vendor payments for manufacturer and construction invoices and more. Litigation escrow solutions can be tailored for cash settlements and court awards. for
Forward 1031 Exchanges
Partner with Comerica to set the structure you need to achieve a qualified deferral, strategic reinvestment into the replacement property and a competitive return on the tax-deferred proceeds.
Our dedicated specialists have the in-depth experience and resources needed to handle any size transaction – fit to your company’s needs.
Economic Commentary
All references to Comerica Bank or Comerica Bank & Trust, N.A., shall mean Fifth Third Bank, N.A., successor by merger to Comerica Bank and to Comerica Bank & Trust, N.A. All references to Comerica Incorporated shall mean Fifth Third Bancorp, successor by merger to Comerica Incorporated.
Comerica Wealth Management consists of various divisions and affiliates of Comerica Bank, including Comerica Bank & Trust, N.A. and Comerica Insurance Services, Inc. and its affiliated insurance agencies. Comerica Trust is a unit of Comerica Wealth Management which consists of various divisions and affiliates of Comerica Incorporated, including Comerica Bank and Comerica Bank & Trust, N.A. Strategic alliance organizations of Comerica Bank & Trust, N.A. are neither subsidiaries nor affiliates of Comerica Incorporated or Comerica Bank & Trust, N.A.
Comerica Bank and its affiliates do not provide tax or legal advice. Please consult with your tax and legal advisors regarding your specific situation.
The information provided is accurate at the time of publishing and distribution and is subject to change with or without notice.