Allison-McCloskey Escrow Company

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Allison-McCloskey Escrow Company in College Area, San Diego, holds California Department of Corporations License No. 963-0010 — the oldest independent escrow license in the state. Founded in 1946, the firm has operated continuously from 4820 El Cajon Boulevard in the 92115 ZIP, less than a mile west of SDSU, under the same ownership lineage for nearly eight decades. President Bill McCloskey runs the company his father established, bringing more than 43 years of direct escrow management to a staff of 18 escrow agents across two offices. The El Cajon Blvd headquarters handles residential and commercial closings alongside specialized escrow categories that many competitors decline: seller carry-back transactions, installment notes, concurrent closings, and Section 1031 tax-deferred exchanges. That 1031 exchange capability feeds a referral pipeline from investment-focused agents — Taylor Szostak | Compass in Allied Gardens structures multi-property transactions requiring precise exchange timelines, and the escrow team matches that pace. Allison-McCloskey also processes surrogacy and egg-donor escrows, a niche that requires holding agreements, milestone disbursements, and compliance with California Family Code provisions governing assisted reproduction. Spanish-speaking and Vietnamese-speaking escrow officers staff the College Area office, serving the multilingual buyer and seller base along the El Cajon Blvd corridor. Estate-related closings — probate sales, trust distributions, and conservatorship transfers — require coordination with elder-law counsel, and the escrow team processes those filings alongside attorneys at San Diego Elder Law Center in San Carlos for instrument review. The firm's BBB accreditation and eight-decade operating history under a single family make it one of the longest-running escrow operations in Southern California. A second branch in Pacific Beach operates under License No. 863-0003, extending coverage to coastal transactions while the College Area office anchors the inland pipeline.