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Company’s deep expertise in supporting cross-border transactions combined with parent company’s U.S. offerings can help facilitate and close most complex and ambitious deals
OAKVILLE, June 18, 2024 – FCT, the leading national service provider in real estate technology and title insurance, today announced it has broadened its capabilities to help facilitate and close cross-border real estate transactions to include multi-location deals valued over $1 billion.
The expanded capabilities build on FCT’s 20-year history of supporting cross-border transactions and increasing collaboration with First American Title Insurance Company, the largest subsidiary of FCT’s U.S.-based parent company First American Financial Corporation. The firms’ joint capabilities can help clients navigate the complexities of closing even the largest real estate transactions across international jurisdictions.
“Given our deep expertise in closing and insuring large, complex commercial real estate transactions in Canada and First American Title’s U.S. capabilities, FCT is uniquely positioned to help facilitate and close the most intricate and ambitious transactions,” said Michael LeBlanc, CEO at FCT. “Our team’s unwavering dedication to providing top-tier service empowers our customers to navigate multifaceted international transactions with confidence.”
For example, FCT and First American Title provided transaction support and title insurance for a $1.3 billion, multi-location cross-border industrial real estate purchase by a U.S. entity.
“FCT’s local, Canadian experts provide an advantage to our customers when they’re looking at a cross-border transaction, helping deliver smooth closings,” said Joe Ghilardi, president of First American Title’s National Commercial Services division. “Given we’re sister organizations under the same parent company, our customers also benefit from the natural synergies and added efficiency we’re able to bring to their cross-border deals.”
To learn more about FCT’s commercial real estate practice, please visit: https://fct.ca/legal-professionals/commercial-title-insurance-realtor/.
About FCT
Based in Oakville, Ontario, FCT has over 1,200 employees across the country. FCT provides industry-leading title insurance, default solutions and other real estate-related products and services to approximately 450 lenders, 43,000 legal professionals and 5,000 recovery professionals, as well as real estate agents, mortgage brokers and builders, nationwide.
The Great Place to Work® Institute has named FCT one of Canada’s Best Workplaces for nine consecutive years (2015-2023) and certified FCT as a Great Place to Work. In 2023, FCT’s parent company, First American Financial Corporation, was named one of the 100 Best Companies to Work For and one of the Best Workplaces for Women™ by Great Place to Work® and Fortune magazine, each for the eighth consecutive year respectively. For more information on FCT, please visit the company website at www.fct.ca.
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Contact:
Jacquie Alford
Senior Communications Manager
905.483.4568