Subject: Tenant-in-common Investors (TIC)

Commercial Real Estate Direct Staff Report CB Richard Ellis Investors is once again offering for sale the former headquarters of the now-defunct soft-drink maker, Le-Nature's Inc. The Los Angeles investment manager has tapped its brokerage to market the Phoenix property, ...

By Jeff Mordock, Commercial Real Estate Direct Staff WriterSome industry players are starting to fret that the tenant-in-common market has fallen out of favor with investors. In the second quarter of 2008, sponsors of TIC groups recorded $353 million of ...

B&B Realty Investments has paid $52.5 million for 6315 Bren Mar Drive, a 271,688-square-foot industrial property in Alexandria, Va. The Bethesda, Md., firm, which is led by Washington, D.C., investors David Bralove and Rick Brown, purchased the property on behalf ...

By Jeff Mordock, Commercial Real Estate Direct Staff Writer Sequoia 1031 Real Estate Holdings is said to have paid $21.3 million for the Forum at Grand Prairie, a 304-unit apartment property in Grand Prairie, Texas. The Northglenn, Colo., real estate ...

By Jeff Mordock, Commercial Real Estate Direct Staff Writer Sequoia 1031 Real Estate Holdings is said to have paid $21.3 million for the Forum at Grand Prairie, a 304-unit apartment property in Grand Prairie, Texas. The Northglenn, Colo., real estate ...

The tenant-in-common market was hit by a double-whammy last year. The correction in the residential market sapped its ability to raise equity from investors seeking to shelter their gains from taxes, while the credit-markets turmoil impacted sponsors' ability to efficiently ...

Some real estate brokers aren't smitten with the idea of being able to sell tenant-in-common interests, as proposed by the SEC. They see a risk in letting professionals who focus on selling assets get into the business of trying to ...

As tenant-in-common sponsors struggle to raise equity for deals, some are looking to diversify, and are considering raising REITs. TIC sponsors raised $610 million in equity during the third quarter, according to Omni Brokerage, down from $800 million in the ...

Tenant-in-common transactions have ground to a halt. Sponsors of such transactions are unable to secure the financing needed to complete transactions and are being forced to walk away from deals. Volume next year will likely plummet from this year's expected ...

The SEC is proposing to allow real estate brokers to be compensated for selling interests in tenant-in-common investments. Right now, only broker-dealers can legally receive compensation from the sale of TIC interests. The proposal would effectively multiply the number of ...