TIC Alternative: The Delaware Statutory Trust

The tougher financing climate is prompting some tenant-in-common (TIC) sponsors to pursue a more alternative: the Delaware statutory trust. Both investment vehicles are similar in that they allow for a group ownership structure that can be pre-packaged and sold as securities. Unlike a TIC, investors in a Delaware statutory trust don't hold a deed on the property. The trust holds the deed. Banks and

The tougher financing climate is prompting some tenant-in-common (TIC) sponsors to pursue a more “lender-friendly” alternative: the Delaware statutory trust. Both investment vehicles are similar in that they allow for a group ownership structure that can be pre-packaged and sold as securities. Unlike a TIC, investors in a Delaware statutory trust don't hold a deed on the property. The trust holds the deed.

All access premium subscription

Your subscription will include 12 months of Trusts & Estates magazine and access to premium content on WealthManagement.com.

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish