February 2020 – Page 3

First American Ranked Among the Best Workplaces for Diversity

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First American Financial Corporation, a global provider of title insurance, settlement services and risk solutions for real estate transactions, has been recognized by Fortune and Great Place to Work as one of the 2019 Best Workplaces for Diversity for the fourth consecutive year. The ranking is based on anonymous survey responses representing more than 4.8 million employees at Great Place to Work-Certified organizations. “Earning this recognition for the fourth year in a row highlights the importance to our people of diversity and inclusion in their relationships with their fellow employees, customers and the community,” said Dennis Gilmore, CEO, First American Financial Corporation. “It reflects our philosophy of putting people first and the emphasis we place on integrity, leadership and teamwork.” According to Great Place to Work, the Best Workplaces for Diversity stand out for creating great workplaces for all employees, regardless of their personal characteristics. To determine the list, Great Place to Work analyzed the experiences of women, under-represented races/ethnicities, LGBTQ people, employees who are in the baby boomer generation or older, and people who have disabilities, comparing their survey results to their colleagues’ results at the same organizations. These anonymous survey responses on more than 60 survey questions reflecting day-to-day workplace treatment represented the work lives of more than 4.8 million employees. Earlier in 2019, also for the fourth year in a row, First American was named to the Fortune 100 Best Companies to Work For list and named one of the 2019 Best Workplaces for Women. The company was also named one of the Best Workplaces in Financial Services and Insurance for the third consecutive year. The company’s Canadian subsidiary, FCT, has been named by Great Place to Work to the “Best Workplaces in Canada—1000+ Employees” list for five consecutive years (2015-2019), and a 2018 Best Workplace in Canada for Millennials, as well as one of the Best Workplaces in Financial Services & Insurance.

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Phoenix American Financial Services has announced a new client partnership with LaSalle Investment Management to support their new 1031 platform of products. Phoenix will support LaSalle with its advanced proprietary transfer agent system STAR-XMS, which combines advanced technology, a focus on customer service and decades of experience with the operational requirements of real estate funds and 1031 exchange funds. The STAR-XMS transfer agent system is the result of Phoenix’s direct experience as a fund sponsor as well as decades of experience as an administrator for alternative investment funds. LaSalle Investment Management is one of the world’s leading real estate investment managers. On a global basis, LaSalle manages approximately $68 billion of assets in private and public real estate property and debt investments as of third quarter 2019. “LaSalle is one of the flagship names in investment management,” said Andrew Constantin, senior vice president of operations for Phoenix American. “We are very pleased that they have embraced the superior capabilities of our investor services platform and we look forward to working together.”

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Home ASAP, a provider of real estate applications on Facebook, has added 10 new multiple listing service (MLS) approvals to its agent-centric IDX Home Search solution. This addition brings the total to 203 MLS- approved markets nationwide. Home ASAP now reaches more than 1.3 million agents serving up over 1.7 million active listings. Home ASAP’s coverage includes 94% of the nation’s active homes available for sale.

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Emerald Capital Funding now operates as Pacific Equity & Loan after joining with Pacific Equity & Loan. The deal will allow them to provide more resources and investment opportunities to real estate investors in the Washington market. “The move comes amid a rapidly evolving mortgage industry in specifically the private money and hard money lending sector,” said Christopher Robison, ECF president and founder, in a press release. “We need to stay ahead of the curve and assure that our customers receive the best value, the best technology and continue to work with a trusted local lender. We are noticing a lot of new players from other states that might not know our market as well as we do. Our team of professionals ensure our investors realize the returns they desire with accurate metrics based on local insights and years of experience in the local market.” Real estate investors can expect a new online experience with more resources, additional experienced professionals and an increased local presence. Pacific Equity & Loan has offices in Federal Way, Washington, and Lakewood, Washington. It is a private mortgage lender offering fix-and-flip bridge loans, new construction loans and rental property loans to investors using a simplified online platform that reduces paperwork and closing lag.