TIC Industry Statistics: Q1 2007

The amount of investor equity placed in Tenant In Common properties rose 13% in 2006 to $3.6 billion of equity placed, and the growth is projected to continue in 2007. The first quarter of 2007 reported $900 million of equity placed with a 2007 forecast of $4.5 billion for the industry as a whole.

As knowledge of TIC’s has grown, the number of sponsors packaging the investments has increased, which will bring more diversification options to investors both in property classification and geographic location. Quarter one of 2007, for example, deals closed in 22 different states across the country. The top states in number of deals closed Q1 of 2007 were: Texas-10, Arizona-5, Georgia, California and Illinois each closed 4.

del.icio.us • Digg it • Furl • ma.gnolia • Spurl • Yahoo MyWeb

Trackback Pings

TrackBack URL for this entry:
http://1031alternatives.net/mt/mt-tb.cgi/19

Listed below are links to weblogs that reference TIC Industry Statistics: Q1 2007:

1031 Alternatives Group, LLC - 1200 N. Federal Highway, Suite 200, Boca Raton, Florida 33432

This material is neither an offer to sell nor the solicitation to purchase any security. The information is for discussion and information purposes only. It is not intended to replace competent legal, tax or financial planning advice. The applicable tax codes apply to and relate to federal law only. Individual states may have their own additional tax codes. Please contact the appropriate tax and legal professional in your state. This information is provided from sources believed to be reliable but should be used in conjunction with professional advice that is consistent with your personal situation. Properties represented here are not current offerings and properties of this nature may not always be available for purchase.