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TIC Industry Ready to Embrace NAR Exemption

IRVINE, CA-The credit crunch and the securities exemption are the buzz phrases of the day as more than 160 executives and professionals gauge the tenant-in-common industry.

By Don Jergler | Updated on June 03, 2008

IRVINE, CA-The National Association of Realtors’ request for an exemption from securities broker/dealer registration has folks in the tenant-in-common industry buzzing–and many of them view the exemption as a much needed boost for the sector. That topic, along with the ever-present chatter surrounding the credit crunch, dominated the third annual RealShare TIC on Tuesday at the Hyatt Regency in Irvine.

The day was filled with presentations, panel discussions and networking by executives and professionals involved in the TIC industry. The event drew more than 160 attendees, according to organizers.

The conference comes at a time when the TIC industry, after years of rapid growth during the recent commercial real estate boom, is in a state of reexamination. The credit crunch has affected tenant-in-common deals about as much it has impacted other types of transactions industry, experts speaking at the event said.

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