Karlin Conklin, EVP of Investors Management Group Inc., recently shared advice for choosing between a Tenancy In Common versus a Delaware Statutory Trust in the structure of a real estate investment. Karlin has more than 18 years of experience in multifamily real estate, and has sourced, capitalized and helped in the repositioning of 6,500 multifamily units, raising over $300 million in equity from institutional partners, Tenant In Common investors and high net worth individuals.
GlobeSt.com: What are the differences between DSTs and TICs?
Karlin Conklin: There are more similarities than differences between the two structures. First, both forms of real estate ownership can work with 1031 exchanges, provided the deal is structured properly. Second, both allow investors to have a more hands-off approach to their investment. And finally, both are structured as a security, and only accept funds from accredited investors.
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