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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.

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