First American Acquires 1031 Solutions
February 2, 2023
First American Financial Corp. completed the acquisition 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 Co. brand.
“We are pleased to welcome 1031 Solutions and its deep expertise to the First American family,” said Julie Baird, president of First American Exchange. “The addition of 1031 Solutions will augment our ongoing efforts to offer customers in the Rocky Mountain region and surrounding markets superior service, and we’re looking forward to pursuing new opportunities for growth.”
Based in Boulder, Colo., and founded in 2002, 1031 Solutions’ staff has more than 50 years combined experience facilitating 1031 tax-deferred exchanges. 1031 Solutions’ founders Richard and Linda Levy will assist with the transition of the business and customer relationships.
“Joining First American will provide new opportunities to serve our customers,” said Richard Levy. “We’re also pleased our staff will join a company that shares a similar employee-centric culture, which is reflected in First American's being named one of the 100 Best Companies to Work For by Great Place to Work and Fortune magazine for the seventh consecutive year.”
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