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FORT Properties, Inc. is the premier provider of tenant-in-common (TIC) fractional ownership offerings. As one of the only companies to acquire properties with its own capital before selling the properties in the TIC market, FORT Properties reduces the financial and timing risks associated with 1031 exchanges. As with most successful products, demand cultivates creativity and creativity breeds invention. Fractional ownership offerings using a TIC structure are no different. Non-institutional owners, who possess a strong desire to sell their properties control a good portion of investment real estate in the U.S. Prior to the creation of fractional ownership offerings, many non-institutional owners found it challenging to sell their properties, defer capital gains tax in accordance with Section 1031 rules and simultaneously obtain replacement property with the following desired features:
- Passive oversight
- Divisibility
- Diversity
- Quality tenants
- Flexibility for complete deferral
- Strong service providers
The FORT solution bridges non-institutional capital and institutional quality real estate by utilizing fractional ownership offerings. FORT Properties has built an investor-focused bridge and our team of real estate professions is ready to assist you with your TIC investments.
For further information, contact:
Mike Franklin
Executive Vice President
T 213.572.0222, ext. 202
M 760.458.6253
mfranklin@fortproperties.com
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