TOP STORY: NAR Exemption Request Evolves Into Two-Tier Proposal By Michelle Napoli The National Association of Realtors’ request for an exemption from normal securities licensing requirements for commercial real estate agents who want to advise clients on purchases of TIC securities has taken a somewhat different direction in recent weeks.
RealShare Report: Industry Members React to Revised NAR Exemption Request By Michelle Napoli The National Association of Realtors’ exemption request pending at the Securities and Exchange Commission and the recent revisions to it were a topic of discussion at last week’s RealShare TIC conference.
RealShare Report: With New Lenders Necessary, It’s Back to School for Sponsors By Michelle Napoli Debt market woes were a common theme throughout last week’s RealShare TIC conference, and with CMBS financing essentially dried up, TIC sponsors say they are back to educating potential lenders as they search for new sources of deal financing.
BD In Focus: White Pacific Securities By Michelle Napoli While the broker-dealer does have a small number of reps who sell TIC deals to investors and intends to maintain its retail sales presence, White Pacific’s real focus in the TIC/1031 exchange market has been on the managing BD and wholesaling side of the business.
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