Loans on distressed properties owned via the tenant-in-common (TIC) structure are piquing the interest of yield-hungry investors who are willing to work through the complexities surrounding these transactions. “These properties aren’t performing as well, debt is maturing and major decisions have to be made. You can have up to 35 tenants-in-common with different opinions on what to do with the property,” said David Sobelman, executive v.p. of Washington, D.C.-based commercial real estate advisory firm Calkain Companies.
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Feb 27, 2014 - Samantha Rowan
Manhattan’s Midtown South market attracted frenzied demand over the past couple of years, and Will Silverman, a managing director at Studley, believes this year will be no different.
Feb 19, 2014 - Eleanor Duncan
Century Bridge Partners believes the challenges of investing in China are in many ways similar to investing in any other emerging market, with picking the right local operating partners at the top of the list.
Feb 07, 2014 - Samantha Rowan
The Carroll Organization, an Atlanta-based real estate owner and operator, is looking to move from a strategy of stabilizing and selling distressed assets to buying and owning for longer term periods.
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