(Read more on the TIC market.)

LOS ANGELES-The tenant-in-common industry has enjoyed immense success, but the industry also faces daunting challenges and a slowing rate of growth, according to speakers at Thursday’s RealShare TIC. Expert after expert at the conference, which drew more than 230 attendees at the Millennium Biltmore Hotel in Downtown Los Angeles, spoke of the industry’s potential but also of its lack of standardization, inefficiencies and risks.

Gary Beynon of Omni Brokerage, who delivered a report called “State of the TIC Industry Mid-year 2007,” observed that many TIC sponsors “are not good at their jobs, so we have to be more efficient in how we run our marketplace.” Explained Beynon, “A lot of information is available to us, and we need to be good students so we can build a strong TIC marketplace.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.