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Solutions

No management
10-25 years of income guaranteed by an investment grade (S&P rating of A+ to BBB-) corporation
Most convenience retail property is usually located at an intersection.
Quick and simple due diligence
Can usually assume and pay down existing (construction) financing to meet debt/equity requirement under Section 1031
Long-term, permanent, non-recourse financing is available from life companies and conduit lenders on a variety of terms and conditions (10/30, 10/25, 20/20, 20/22-26)
The property may be bifurcated, which eliminates the 55% estate tax (on the equity and its appreciation) upon demise of the taxpayer/exchanger.
Equity can be refinanced out on a tax-free basis after the exchange is complete.

No management
20-25 years of income guaranteed by an investment grade (S&P rating of A+ to BBB-) corporation
Highly leveraged, usually up to 87% (plus or minus) loan to value, and
All of the rent goes to pay debt service.
Buyers of these zeros are usually "cash out" buyers, involuntary conversion buyers, deemed sale (foreclosure) buyers, various tax-related partnership debt replacement buyers, or highly leveraged 1031 buyers.
Lower leverage or free and clear 1031 buyers also buy these properties, pay down the debt at closing and then refinance post-exchange.

A Tenant In Common investment is a structure of property ownership where multiple investors pool their funds to own one entire property. Offers of these Regulation D TIC securities must include full disclosure of all material facts and are typically made only to suitable and accredited investors via a Private Placement Memorandum (PPM).

Securities offered through OMNI Brokerage, Inc. Member FINRA/SiPC

Since these TICs are securities regulated by the SEC and subject to FINRA regulations, please click here to see David Freedman’s Tenant In Common Securities website.