Purchase expands First American’s ability to service consumers in Rocky Mountain area and surrounding markets
February 2, 2023, Santa Ana, Calif.
. First American Financial Corporation (NYSE: FAF), a premier company of title, settlement and danger options genuine estate deals and the leader in the digital change of its market, revealed today the conclusion of Very first American’s acquisition of possessions of 1031 Solutions, LLC, a full-service 1031 exchange business that supplies qualified intermediary services for real estate exchanges, including reverse and improvement exchanges, to attorneys, tax consultants, real estate experts and investors. All of 1031 Solutions’ capabilities will now be placed under the Very first American Exchange Company brand name.
“We are happy to invite 1031 Solutions and its deep know-how to the First American family,” said Julie Baird, president of Very first American Exchange Business. “The addition of 1031 Solutions will enhance our ongoing efforts to provide consumers in the Rocky Mountain region and surrounding markets exceptional service, and we’re anticipating pursuing brand-new opportunities for development.”
Based in Boulder, Colorado and founded in 2002, 1031 Solutions’ specialist personnel has more than 50 years combined experience facilitating 1031 tax-deferred exchanges. 1031 Solutions’ founders Richard and Linda Levy will help with the transition of the business and customer relationships.
“Signing up with First American will supply brand-new chances to serve our clients,” stated Richard Levy. “We’re likewise pleased our staff will sign up with a company that shares a comparable employee-centric culture, which is shown in First American’s being called among the 100 Best Companies to Work For by Great Location to Work ® and Fortune magazine for the seventh consecutive year.”About Very first
American
Very First American Financial Corporation (NYSE: FAF) is a leading service provider of title, settlement and threat services genuine estate transactions. With its combination of financial strength and stability built over more than 130 years, innovative exclusive technologies, and unequaled data possessions, the company is leading the digital improvement of its industry. Very first American also provides data items to the title industry and other third parties; appraisal product or services; home loan subservicing; home guarantee items; banking, trust and wealth management services; and other related products and services. With overall income of $9.2 billion in 2021, the business offers its services and products straight and through its representatives throughout the United States and abroad. In 2022, First American was called among the 100 Best Business to Work For by Great Place to Work ® and FortunePublication for the seventh consecutive year. More information about the company can be discovered at www.firstam.com. About 1031 Solutions,LLC 1031
Solutions, LLC
is a full-service 1031 exchange company that provides qualified intermediary services genuine estate exchanges, consisting of reverse and improvement exchanges. Based in Stone, Colorado and established in 2002, 1031 Solutions acts as a resource for 1031 tax-deferred exchanges to lawyers, tax consultants, real estate professionals and investors in the Rocky Mountain region and throughout the country. Forward-Looking Statements Certain statements
made herein make up positive
statements within the meaning of Area 27A of the Securities Act of 1933, as changed, and Section 21E of the Securities Exchange Act of 1934, as changed. These forward-looking declarations can be recognized by the truth that they do not relate strictly to historic or existing realities and may contain the words “think,” “anticipate,””anticipate, “” mean, “”strategy,”” predict, “” quote,” “job,” “will be,” “will continue,” “will likely result,” or other similar words and phrases or future or conditional verbs such as “will,” “may,” “might,” “should,” “would,” or “could.”
These forward-looking declarations include, without limitation, statements relating to expected benefits from the transaction. These positive statements are based on existing expectations and presumptions that might prove to be incorrect. Threats and uncertainties exist that might cause results to differ materially from those set forth in these forward-looking statements. Elements that might cause the prepared for outcomes to vary from those described in the positive declarations consist of, without constraint, regulatory-, innovation- or business-related difficulties. These positive declarations speak only since the date they are made. First American does not undertake to update forward-looking declarations to show circumstances or events that occur after the date the forward-looking statements are made.
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