RealNet Investments Launches National Alliance Program

PORTLAND-RealNet Investments, a pioneer in the facilitation of tenancy-in-common transactions for 1031 exchange buyers, is packaging and distributing its program to brokers in markets nationwide after four years of operating primarily in the Portland Metropolitan area.

RealNet Investments “warehouses” commercial properties for resale to investors who are typically seeking to satisfy 1031 exchanges. The properties are either sold in their entirety or in fractional interests in order to precisely match 1031 exchange requirements. The sale of fractional shares in a single asset to multiple 1031 exchange buyers is known as a tenancy-in-common transaction.

Since the IRS clarified the rules for such transactions last year, there has been a flood of companies offering such services to investors. When RealNet Investment started its business in 1999, there were four firms nationwide coordinating tenancy-in-common transactions, and there are now more than 400.