April 11, 2008 -
Financial Digest
The Tenant-In-Common Association (TICA) recently held its Spring Symposium. The event took place at the Grand America Hotel in Salt Lake City, Utah March 11-13. More than 700 of the leading registered representatives, broker/dealers, sponsors, attorneys, CPAs, real estate professionals and investment professionals interested in tenant-in-common (TIC) transactions got together to network and learn the latest trends in the TIC industry.
The three-day symposium focused on the news of the National Association of Realtor's (NAR) Exemption Request to the SEC and other major regulations taking place in the TIC industry. Experts and representatives from the Securities Exchange Commission (SEC), NAR, ARELLO, NASAA and others answered questions about the opportunities and challenges the exemption will provide.
In addition, attendees had the opportunity to attend a variety of educational sessions, interactive forums and roundtable presentations. These session topics included analyzing asset classes, due diligence for Regulation D offerings, reading and analyzing PPMs, handling troublesome deals, compliance and regulatory training for TIC investments and other current topics in the TIC industry.
Keynote speakers at this year's symposium included Anthony Downs and Michael Josephson. Downs is a senior fellow at the Brookings Institution in Washington, D.C. He frequently speaks on real estate economics, housing, transportation, smart growth and other related topics. Josephson is founder and president of the Josephson Institute, one of the nation's foremost ethics consulting companies. He has led more than 1,000 ethics programs for leaders in business, government, law enforcement and education.