Comments by:
Tim Egan
Executive Director
Tenant in Common Association
Sacramento
Opinions about the future of TICs were evenly split inGlobeSt.com's Feedback Poll last week. Tim Egan admits that whileevery sector has its growing pains, TICs suffer from a generalmisunderstanding that, he feels, blinds potential investors totheir importance and long-term viability. He explains his positionquite emphatically, as you will read:
"The question assumes that we will face possible extinction atsome point. It sends the wrong signal to the ultimate investors whoare currently involved in TIC syndications when there is nodocumented evidence that this industry is in any danger now or willbe in the future. If anything, the growth of the industry documentsthat the industry is growing and will be a significant player inthe real estate marketplace.
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John Salustri
John Salustri has covered the commercial real estate industry for nearly 25 years. He was the founding editor of GlobeSt.com, and is a four-time recipient of the Excellence in Journalism award from the National Association of Real Estate Editors.
