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Behind the Deal: How Secondary Market Benefits TICs	By Benjamin Mark Cole

The nation’s tenants-in-common – TIC -- market is growing by leaps and bounds, says Glen Esnard, vice president of real estate for Los Angeles-based Fort Properties L.P., a TIC sponsor. To grow even more, he wants the industry to standardize its underwriting and reporting procedures to enable the creation of a secondary market for TIC ownership units or shares.

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