The idea behind the growing tenants in common industry is really quite simple – with a minimum investment, the average person can have a part ownership in an institutional-type property. Each co-owner receives an individual deed at closing for his or her undivided percentage interest in the entire property. Each co-owner has the same rights a single owner would enjoy.
A TIC replacement property enables the average investor to participate in an echelon of real estate previously reserved for institutional investors. TIC replacement properties are chosen because they provide credit-worthy tenants, a secure monthly income, stability, and growth potential. Investing in a TIC replacement property provides passive long-term income, eliminates active property management, and alleviates the burden of being a landlord. Now the average person can own property leased to a Fortune 500 company, a national or regional retailer, or the United States Government. See TIC Advantages for the many benefits of TIC ownership.
1031 Exchange Place and its affiliates provide a clearinghouse of real estate TIC information and properties. We represent most of the reputable real estate TIC “sponsors” in the United States. These national sponsors provide fractional or partial ownership in every conceivable property class i.e. grocery store anchored shopping centers, single and multiple tenant office buildings, industrial, multi-family housing, single tenant retail, government leased facilities, etc.
Please consider 1031 Exchange Place your single source for TIC properties. With over 100 years of combined experience in the real estate business, 1031 Exchange Place and its affiliates visit and research TIC sponsors and their programs. When a prospective buyer comes to us, we match his/her with properties that fit their desired objectives. We maintain complete objectivity and let the client determine what property among the many TIC exchange choices is best suited to their needs.
To find out more information about TIC or DST properties email gary.leavitt@CBCadvisors.com.
Crowdfunding is the collection of funds through small investments from many parties in order to finance a particular project or venture. Real estate crowdfunding refers to the acquisition of a property by purchasing small amounts of equity by many investors. An affiliate of 1031 Exchange Place maintains a real estate crowdfunding website (www.RealtyNetDirect.com – COMING SOON!), where available properties are posted for sale to investors with a $5,000 minimum investment.