Canada’s FCT has expanded its capabilities to facilitate and close cross-border real estate transactions that include multi-location deals valued above $1 billion.

Oakville, Ont.-based FCT is a leading national service provider of real estate technology and title insurance.

The expanded capabilities build on FCT’s 20-year history of supporting cross-border transactions and increasing collaboration with First American Title Insurance Company. First American Title Insurance is the largest subsidiary of FCT’s U.S.-based parent company First American Financial Corporation.

“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, in a news release.

FCT said it 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.”

Photo: FCT