First American Title Insurance Co. announced enhancements to its multisite commercial real estate closing transaction solution, a key component within its end-to-end digital platform ClarityFirst.
Designed to support single commercial transactions encompassing multiple properties across multiple jurisdictions, ClarityFirst provides customers and other transaction stakeholders the ability to 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,” Jayson Murray, chief product and technology officer at First American’s Direct Title Group, said in a release.
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.
ClarityFirst acts as a repository for all project documents; customers can securely access all relevant transaction documents, reducing email traffic and eliminating the need to search through multiple emails or folders.
More than 82,000 customers have signed up to use ClarityFirst and the platform has been used to close upwards of 156,000 commercial transactions, First American said.