Viewing Real Estate As Securities Through TIC’s
Monday, January 28th, 2008Here’s a new way large commercial buildings are being bought and sold. The birthplace of the idea was Orange County, California…and it’s quickly become a multi-billion-dollar industry.
The novelty is viewing real estate as securities, like stocks and bonds. Succinctly, multiple investors join together taking title to purchased buildings directly, through the age-old tenancy-in-common (TIC) form of ownership (rather than through a corporation or partnership].
Tenancy-in-common dates back to (more…)
