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Volume 2 - Number 6 | June 13, 2006
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Top Story: New Sponsors Keep Coming Despite Sidelines and Exits
By Michelle Napoli
New sponsors continue to swell the industry’s ranks, despite the fact that other sponsors have sidelined their TIC businesses, failed to make a successful go of their first deal or are simply putting greater attention on their businesses’ other investment platforms.
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Industry Update: TICA Ramps Up Lobbying Efforts on the Hill
By Michelle Napoli
With the imminent threat behind it, the Tenant-in-Common Association is at work on a three-pronged strategy to overcome any potential future threat to its industry like that seen last month. As TIC Monthly reported in its May 2006 issue, a proposed disallowance of TIC investments for 1031 exchanges came up quite by surprise during the recent Congressional budget reconciliation process.
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INSIDER: 1031 Exchange Options’ Cary Losson
By Michelle Napoli
Cary Losson says he is both scared and excited about the current state of the tenants-in-common investment business. Losson is founder and president of 1031 Exchange Options, a Walnut Creek, CA-based company that consults clients on such real estate investments and TIC properties and net lease properties.
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SPONSOR UPCLOSE: Eliason 1031 Properties
By Michelle Napoli
TIC sponsor Eliason 1031 Properties traces its roots back more than four decades. Twin brothers Donald and Richard Eliason started in the 1960s with a residential brokerage operation that eventually expanded into investments with partners, pursuing condo conversion deals and rental apartment properties.
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