Tenancy In Common: Multi-Family Conversion and Ownership

Tenancy In Common: Multifamily Conversion and Ownership

Learn How YOU Can Get the Highest Value When Selling Your Property! Presented by Tiao Properties.

When:                        Tuesday, April 22, 2025, from 11:00 A.M. – 12:00 P.M. (Noon)

How to Attend:         Logged in Users Can Register Using the "Register Now" Button

Do you own a small, multifamily building?  Have you ever wondered whether it is possible to sell units to different buyers for a higher price than selling your building to one buyer?  In this presentation, Will Tiao of Tiao Properties will demonstrate how small apartment owners can convert their buildings into “tenants in common” (TICs) and accomplish three things simultaneously — (1) Exit out of the landlord game, (2) Get a higher potential sale of your multifamily property, and (3) Increase the ownership of the housing stock.

If you are seriously considering selling your investment property, be sure to attend this free, live webinar and gain a solid understanding of how you can maximize the sales value of your property through “tenants in common” or TICs. TICs are a great option for building owners and buyers alike. TIC conversions help owners maximize their return on investment, while providing prospective buyers with the opportunity to own at a potentially lower price.

During this webinar, we will discuss:

• What are “tenants in common” or “TICs” and how are they structured at a multifamily property? Are they legal in California?
• Why choose to sell your multifamily property as tenants in common? How much more is that worth and what is the risk?
• Can buyers of TICs obtain standard financing? How are TICs financed?
• How do TICs differ from condominium ownership?
• And, of course, much more! Your questions will steer the conversation.

Important Disclaimer: The information and materials provided during this presentation is for general information purposes only. Absolutely no legal or tax advice is being given during this presentation. Keep in mind that every situation is unique, and the laws, rules and regulations are subject to change at any time. So, before acting, be sure to obtain tax and/or legal advice from your licensed professional.

Presenter:

Will Tiao, Owner / Broker, Tiao Properties

Will Tiao is a real estate developer, broker, and property manager. He is the Director of the Commercial Real Estate Division at Collective Realty and the owner / broker of Tiao Properties, a property management and real estate investment company. Since opening the business in 2012, Will has sold hundreds of units with over $150 million in sales, managed hundreds of units throughout Los Angeles and the Midwest, and owned and developed multiple properties.

Moderator:

Daniel Yukelson, AAGLA Executive Director

Daniel Yukelson is currently the Executive Director of The Apartment Association of Greater Los Angeles (AAGLA).  As Certified Public Accountant, Yukelson began his career at Ernst & Young, the global accounting firm, and since then had served in senior financial roles principally as Chief Financial Officer for various public, private and start-up companies.  Prior to joining AAGLA, Yukelson served for 12 years as Chief Financial Officer for Premiere Radio Networks, now a subsidiary of I-Heart Media, and then 3 years as Chief Financial Officer for Oasis West Realty, the owner of the Beverly Hilton and Waldorf Astoria Beverly Hills where he was involved with the development and construction of the Waldorf.  Yukelson also served for 6 years as a Planning Commissioner and for 3 years as a Public Works Commissioner for the City of Beverly Hills.

A Featured Presentation By:

Tiao Properties

Tiao Properties is a boutique, family-owned and operated real estate company that offers a full menu of investment and management services. Our diverse roster of clients includes investors from all over the world to born and bred Angelinos and everyone in between. We aim to help all our clients by using our industry expertise to maximize their investments. Tiao Properties is one of the top-rated commercial real estate brokerages in the City of Los Angeles. We specialize in selling residential, commercial and multifamily properties throughout the Greater Los Angeles Area and aim to help all of our clients maximize the value of their investments. For more information, visit their website at https://tiaoproperties.com/ or call them at (323) 438-9494.