APRIL | 2009
Michael Franklin
Executive Vice President
T: (213) 572-0222, ext. 202
C: (760) 458-6253
FORT PROPERTIES: Case Study Snapshot
The FORT Team Response
What you’ve seen is a business model issue, not an industry issue. In 2008, a few high-profile TIC sponsors failed or took to the sidelines. While it may seem like a logical progression to view this as an indictment of the entire industry, those familiar with these firms recognize the reality—the stresses on this sector have magnified the fault lines of companies whose business models were based on unrealistic projections and spurious assumptions.
Western Real Estate Business recently asked me to pen an article addressing the challenges facing the TIC industry. I think it will provide the proper perspective as well as some information to assist you in discussing the TIC option with your clients. Take a look.
FORT Properties—Sensible Solutions.
previous issues
At FORT Properties, we subscribe to the 180° Theory. While most of the industry remains mired in doubt and uncertainty, we have charted a path in the opposite direction, toward growth and with the confidence that the right property in the right market at the right price will always be a good investment. That’s leadership and experience—and that’s why you should always choose FORT First.
