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IRVINE, CA-The credit crunch has affected tenant-in-common deals at least as much it has impacted other types of transactions, if not more, and industry experts today are debating the merits of the master leases that are integral to many TIC deals. As the tenant-in-common industry today continues its evolution in a commercial real estate landscape that differs vastly from that of its formative years, TIC executives are examining a host of tough questions such as how to find financing, what the effect of the SEC exemption for TICs is likely to be and how DSTs stack up in comparison to TIC deals.

These questions and more will be on the agenda when the third annual RealShare TIC convenes on June 3 at the Hyatt Regency in Irvine for a day of presentations, panel discussions and networking by executives and professionals involved in the TIC industry. The doors will open for registration at 7 a.m., with the program slated to begin at 8:05 a.m. and continue until a 3:15 p.m. close and a networking cocktail hour following the close of sessions.

Colleen McShane, group conference manager for the RealShare series of events, tells GlobeSt.com that the event is expected to draw more than 150 attendees. The conference comes at a time when the TIC industry, after years of rapid growth during the commercial real estate boom of recent years, is asking itself a host of crucial questions in an effort to chart a course for its next stage of growth.

Following opening remarks at 8:05 a.m., the first session of the conference will begin at 8:10 a.m. with a presentation titled “State of the TIC Industry Mid-Year 2008″ by Manny Nogales, director of business development for Omni Brokerage Inc. The presentation, based on data from Omni Consulting & Research, will assess how the TIC market is faring thus far this year and will address a host of questions including which geographic markets are recording the most activity from TIC sponsors, how cash-on-cash returns are trending relative to interest rates. Next will be a town hall meeting at 8:35 a.m. during which panelists from the sponsor, broker-dealer and registered representative communities will answer questions from the audience and will explore what macro market forces are affecting TIC deals from both the property supply side and the investor equity side.

Following a 9:25 a.m. networking break, a panel on debt financing for TIC and DST deals will examine how the industry is responding to the virtual disappearance of the CMBS loans that financed so many TIC deals. After a10:45 a.m. networking break a panel on the pending SEC exemption for TICs will provide an update on the status of the National Association of Realtors exemption and will explore how the market’s various constituencies are preparing to take advantage of it if and when the exemption is issued.

After an 11:35 a.m. networking break, the conference will offer attendees two concurrent sessions that run from 11:55 a.m to 12:45 p.m. One session will be a discussion of whether DSTs are poised to gain momentum, while the other will offer a primer on the industry that will be titled “TIC 101 for Real Estate Brokers.”

Following a networking lunch, president and chief executive officer Jeffrey Hanson of Grubb & Ellis Realty Investors will deliver a keynote address at 1:20 p.m. Then at 1:45 p.m. panelist Tim Snodgrass and Gary Beynon will participate in a one-on-one discussion called “TIC Fact or Fiction” that will take on any and all topics regarding the industry. After a networking break, attendees will once again have the choice of two concurrent sessions. One will discuss alternative investment products for TIC sponsors and representatives, while the other will pose the question: “The Master Lease: Mounting Problems for TIC Industry?”

The event will conclude with the networking and cocktail hour at 3:15 p.m.The RealShare TIC conference and other RealShare events are produced by Real Estate Media, the publisher of GlobeSt.com, Real Estate Forum magazine, Real Estate Southern California magazine and other publications devoted to commercial real estate.

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