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Volume 3 - Number 2 | February 9, 2007
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1031 Accommodator Closes; Funds in Question
By Brian K. Miller
The owners of at least three 1031 exchange accommodation companies abruptly closed their Las Vegas offices last week without returning funds to investors. The FBI is currently evaluating complaints to determine if any federal laws were violated.
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BD in Focus: Pacific West Securities
By Michelle Napoli
One of the leaders in the TIC sales market, broker-dealer Pacific West Securities Inc., was founded in 1972 in order to facilitate sales of a real estate deal the firm’s founder was putting together. Eventually the firm diversified into a general securities and full service financial planning firm.
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TIC Properties Expands Asset Type Offerings
By Michelle Napoli
Locally based TIC Properties LLC, which has been primarily active in the office market along with industrial and retail acquisitions, has added new expertise to its executive team to bring multifamily investments to the TIC arena.
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