Propy Expands Ai Title Rollup With Florida Acquisition

Propy has acquired the title division of Boss Law as part of the company’s effort to expand its presence in institutional real estate transactions.

The deal brings the Florida-based title operation — including offices in St. Petersburg and Seminole — under the Propy Title brand.

Boss Law’s client base includes several large residential real estate investment trusts and wholesale investors handling high volumes of transactions.

Leaders said the transaction represents another step in Propy’s broader expansion strategy focused on acquiring title and settlement operations and integrating them with the company’s technology platform.

“We’re excited to expand into the institutional market, where large real estate operators need infrastructure that can support closings at scale,” said Propy CEO Natalia Karayaneva. “With closing attorney Chris Boss joining us, we’re accelerating Propy’s adoption among REITs and institutional real estate investors nationwide.”

While conventional home sales can take 45 to 60 days to close, Propy cited that institutional investors frequently operate on timelines of five to 14 days.

Florida represents one of the largest housing markets in the country, with roughly $154.6 billion in residential real estate transactions annually. A growing segment of that activity involves investors who buy and sell properties in rapid cycles as part of large investment portfolios.

The acquisition is intended to expand Propy’s capacity to support that type of high-volume activity, the company said.

“We reached out to Propy because our clients were demanding blockchain security for title deeds,” said Boss Law Owner Chirstopher Boss. “What we discovered was a company using AI and blockchain to make title and real estate better for everyone, the investors we serve and our team doing the work. Joining them was an easy call.”

Propy has been building a technology platform designed to automate parts of the closing and escrow process.

Its systems use artificial intelligence (AI) to assist with tasks typically handled by title and escrow staff — including document processing and transaction coordination.

The company’s AI platform includes a system called Avery, which Propy describes as an automated escrow officer designed to manage certain elements of closing workflows.

Propy says the technology is intended to reduce manual workloads within title operations while allowing existing staff to handle higher transaction volumes.

According to the company, the long-term goal is to reduce manual workloads by about 70% and allow staff at acquired title operations to process roughly twice as many transactions.

The Boss Law acquisition follows Propy’s earlier purchase of Delta South Title in Alabama — with plans to invest up to $100 million in additional acquisitions.