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First American Acquires 1031 Solutions

PUBLIC · FAFFeb 02, 2023

Acquiring Company

First American Financial

Acquired Company

1031 Solutions

Santa AnaFinancial ServicesReal EstateReal Estate InvestmentBankingCommercial Real Estate

Description

First American Financial Corporation (NYSE: FAF), a premier provider of title, settlement and risk solutions for real estate transactions and the leader in the digital transformation of its industry, announced today the completion of First American’s acquisition of assets of 1031 Solutions, LLC, a full-service 1031 exchange company that provides qualified intermediary services for real estate exchanges, including reverse and improvement exchanges, to attorneys, tax advisors, real estate professionals and investors. All of 1031 Solutions’ capabilities will now be positioned under the First American Exchange Company brand.

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Company Information

Company

First American Financial

Location

1 First American Way

Santa Ana, California, United States

About

First American Financial Corporation is a leading provider of title insurance and settlement services to the real estate and mortgage industries. The company primarily operates in the United States, focusing on residential and commercial real estate transactions. Its key products and services include title insurance, escrow services, and property data products. With significant operations and offices across the country, First American serves a diverse customer base, including real estate professionals, lenders, and corporations. Recent strategic developments emphasize enhancing technology capabilities and expanding its market presence in the evolving real estate landscape.

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Frequently asked

Who acquired 1031 Solutions?

1031 Solutions was acquired by First American Financial, based in Santa Ana. The deal was reported on February 2, 2023. First American Financial Corporation is a leading provider of title insurance and settlement services to the real estate and mortgage industries. First American Financial is publicly traded (FAF) and operates in Financial Services.

When did First American Financial acquire 1031 Solutions?

First American Financial's acquisition of 1031 Solutions was reported on February 2, 2023. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does 1031 Solutions do?

A qualified intermediary for like-kind exchanges, providing personal service while facilitating transactions of all types and sizes throughout the United States It is privately held.

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