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Volume 2 - Number 8 | August 8, 2006
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Industry Update: More on Complex TIC Resales
By Michelle Napoli
The July issue of TIC Monthly examined some of the broader topics of discussion regarding resales of TIC interests, a hot topic at this summer’s RealShare TIC conference, part of the RealShare Conference series produced by Real Estate Media, publisher of TIC Monthly. Here, we focus on transaction-level challenges with such secondary sales.
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Brokerage Report: AFA Launches Program for Real Estate Agents
By Michelle Napoli
Broker-dealer AFA Financial Group LLC has launched a new program that helps real estate agents obtain their securities licenses and then pairs them with financial planners to work with clients interested in investing in tenant-in-common deals.
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Sponsor Upclose: Moody National Realty Co.
By Michelle Napoli
In November of 2003 Brett Co. Moody, chairman and CEO of Moody National Cos., was heading several real estate investment funds that delivered their investors 15%, even 18% returns. But he says he recognized changes in the acquisitions market that made that not likely to continue. It was time for a change on the equity side of Moody’s multiple business line real estate investment company, which he started in 1996 with Moody National Mortgage Corp. Eventually, this recognition led him and his firm into the 1031 market.
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