|
|
 |
Syndications/Acquisitions
Land and Constructed properties
TIC Explained
TIC Features
TIC Benefits
Operating Partners
Acquisition Criteria
TIC Explained
Syndicated Eqcreated the Tenancy-In-Common (TIC) program to provide secure real estate investments that specifically meet 1031 Exchange requirements. 1031 investors can use TIC properties as reliable designation alternatives. The TIC Program is also suited to individuals looking for creditworthy real estate to diversify their investment portfolios.
Our Tenancy-In-Common (TIC) ownership structure allows both 1031 and non-1031 investors to purchase an undivided fractional interest in a long-term, credit real estate investment. [for US investors – 1031 is relevant if they are exchanging money from a previous sale].
Investors then receive all of the benefits of real estate ownership, equal to the percentage of their equity parTICipation. Syndicated Equities acts as asset manager for the property, assuring that all maintenance, income/expense, mortgages and tax payments are properly attended. TIC investors receive their monthly or quarterly distribution and are free from the management and maintenance responsibilities typically required of a landlord.
TIC Features
Tenancy-In-Common Ownership Structure
- This ownership structure has been designed to accommodate investors completing 1031 Tax Free Exchanges along with individual non-1031 investors. Each investor parTICipates as a tenant-in-common, directly owning his or her interest in the real estate and will parTICipate pro rata in all income/expense, appreciation, sale profits, and tax shelter/depreciation benefits.
Investment Grade Tenants
- Syndicated Equities regularly acquires single and multi-tenant, net-leased properties for our TIC Program. The tenants leasing the underlying real estate are typically investment grade companies that are S&P rated BBB+ or better.
Prime Real Estate Locations
- Syndicated Equities performs a thorough site selection process for each of its TIC deals. We try to enhance the likelihood that the residual value of our sites will appreciate over time by investing in properties located in prime “ Main Street” locations.
Ownership Orientation
- The SEC team looks at all properties from an ownership perspective. Every SEC team member owns real estate in his or her personal account and is also an SEC investor. We understand the ingredients of a solid investment. This firsthand experience translates to added value for our clients. When we can say that we would invest, then we know we’ve done our due diligence and we are comfortable promoting the opportunity.
Parallel Objectives
- Syndicated Equities earns a one-time, up-front fee at the time of purchase, retains an interest in the property, remains a long-term owner, and does not disproportionately benefit from any long term appreciation or revenue.
Customized Equity Contribution
- Investors can decide exactly how much equity they wish to contribute to a TIC property. For example, if an investor wishes to invest $317,197.90, he or she could buy an undivided fractional interest for that amount. A TIC investor can typically contribute a minimum of $100,000 up to the maximum amount of equity needed to acquire the property (subject to availability).
Financing In Place
- Syndicated Equities arranges long-term, non-recourse financing as well as all the legal and accounting services necessary to complete the transaction. Each investor commits equity and assumes his or her prorata share of the non-recourse financing.
Closing Costs are Capped
- Syndicated Equities caps the closing costs for each investor when they parTICipate in one of our TIC acquisitions. As a result, closing costs are significantly lower (on an individual percentage basis for each investor) than if he or she were to acquire a property individually.
Liquidity
- As a Tenant-In-Common, an investor may sell his or her interest in the acquired property at any time. In the event that one of our TIC investors wants to liquidate his or her investment, Syndicated Equities will, if asked, assist the transfer of the undivided fractional interest.
TIC Benefits
There are many benefits to investing in a Tenancy-In-Common property:
Speed of Acquisition
- The process for an investor to acquire Tenant-In-Common ownership is quick and simple. Syndicated Equities has either already secured, or is in the process of securing, the property and the financing. Syndicated Equities completes all of the contract negotiations, due diligence, financing and closing requirements for each of our properties. 1031 investors benefit greatly from this aspect of our TIC Program if they need to close on a replacement property in a short period of time.
Stable Cash-on-Cash Return
- Syndicated Equities seeks opportunities where the lease term exceeds 10 years and the credit is investment grade. These corporate guarantees ensure that there is a continuous and reliable income stream.
Ease and Simplicity of Ownership
- Syndicated Equities acts as asset manager for the property, assuring that all maintenance, income/expense, mortgages, and tax payments are properly attended. TIC investors receive their monthly distribution and are free from the management and maintenance responsibilities typically required of a landlord.
Diversification and Reliability
- An investor can use a TIC property to diversify his or her holdings by designating a portion of his or her equity rather than the entire amount. Additionally, 1031 investors can use our TIC program as a reliable designation alternative
Acquisition Criteria
Syndicated Equities Corporation actively seeks outright acquisitions as well as joint venture opportunities with developers/owners who wish to maintain ownership/management interests in existing single and multi-tenant CREDIT properties nationwide.
Our focus:
- Lands
- Single and Multi-tenant properties/portfolio transactions
- Retail, office, hotel, and parking facilities
- $5MM - $125MM
- National, investment grade credit tenants
- Long term leases (10 years +)
- Stabilized cashflow preferred
- All strong locations in major metropolitan and suburban markets considered
We look forward to working with you.
|