Tenancy-In-Common
A Tenancy-In-Common (TIC) is any ownership arrangement between two or more parties where each party directly owns an undivided interest in the real property.
Guardian has used a TIC ownership and equity structure for a portion of its acquisitions. This has enabled company clients to sell properties; defer tax and purchase new properties. We are one of the most active multifamily TIC sponsors in the region with 20 deals completed and over 100 individual investors.
TIC interests provide all the tax benefits and returns of income real estate and serve as 1031-replacement property. Guardian is now offering ownership interests in newer apartment buildings located in desirable areas of Seattle, Phoenix and Portland.