Sep
22
A tenant in common, or TIC, offers investors the ability to acquire a percentage of ownership in a real estate property. When the market was strong, particularly in the past few years, many “baby boomers” (and others) repositioned their portfolios, seeking investments that would not require so much time and attention. The TICs appeared to be safe investments that would generate a predictable return on their investments.
Problems arose as the market cooled. Some areas saw an increase in vacancies and a decrease in rents. The restricted cash flow has meant that some investors find the income is not sufficient to make their mortgage payments.
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