First American Title Enhances First-of-its-Kind Multisite Commercial Real Estate Transaction Closing Solution Within its ClarityFirst® Platform
—Transaction stakeholders can now securely upload, view and manage project documents and artifacts for multiple properties within a single platform—
“ClarityFirst’s multisite solution further streamlines and improves the efficiency of even the most complex commercial real estate transaction closings, bringing more speed, certainty and simplicity to the process,” said Jayson Murray, chief product and technology officer at First American’s Direct Title Group. “This industry-first innovation extends First American’s leadership of the digital transformation of our industry and reflects the breakthrough work and deep expertise of our people.”
Seamlessly integrated into the ClarityFirst platform, the multisite solution now allows transaction stakeholders to view and manage portfolio deal closings via the platform dashboard. Customers can review the transaction documentation on various properties in their portfolio in an interactive map or site list format on a single page.
While portfolio transactions can involve thousands of documents and emails, the multisite solution brings simplicity, ease, and organization to the closing process. ClarityFirst acts as a repository for all project documents; customers can easily and securely access all relevant transaction documents, dramatically reducing email traffic and eliminating the need to search through multiple emails or folders.
With more than 82,000 customers signed up to use the platform and over 156,000 commercial transactions closed, ClarityFirst is leading the digital transformation of the commercial title insurance industry, streamlining and securing the closing process, and enhancing the overall transactional experience. To learn more about ClarityFirst or request an account, visit https://www.clarityfirst.com. For more information about First American Title National Commercial Services, visit www.firstam.com/title/commercial/.
About First American Title Insurance Company
First American Title Insurance Company, the largest subsidiary of First American Financial Corporation (NYSE: FAF), traces its history to 1889. One of the largest title insurers in the nation, the company offers title services through its direct operations and an extensive network of agents throughout
About First American
First American Financial Corporation (NYSE: FAF) is a premier provider of title, settlement and risk solutions for real estate transactions. With its combination of financial strength and stability built over more than 130 years, innovative proprietary technologies, and unmatched data assets, the company is leading the digital transformation of its industry. First American also provides data products to the title industry and other third parties; valuation products and services; mortgage subservicing; home warranty products; banking, trust and wealth management services; and other related products and services. With total revenue of
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Media Contact:
Marcus Ginnaty
Corporate Communications
First American Financial Corporation
(714) 250-3298
Investor Contact:
Craig Barberio
Investor Relations
First American Financial Corporation
(714) 250-5214
Source: First American Title Insurance Company