| Our co-ownership process is straightforward. As a real estate principal, we acquire top-quality properties that meet our stringent acquisition criteria. We acquire these institutional-quality properties from the nation's top brokerage firms, REITS, and other institutions.
We then offer co-ownership in these properties exclusively through Licensed Real Estate Brokers/Agents. Their clients are typically individual real estate owners seeking a quality, alternative asset choice for a 1031 Exchange.
A 1031 Exchange Accommodator facilitates the 1031 Exchange Process. SCI never takes possession of any 1031 Exchange funds. Instead, the buyer's 1031 Exchange Accommodator transfers 1031 Exchange funds directly to the property purchase escrow account.
Upon close, each co-owner is delivered a fractional fee title ownership deed and title report. From there forward, all net monthly cash flow is paid directly to co-owners by the institutional-grade, third-party property management company overseeing the property. SCI has no control over co-owners' funds. Also, we never dilute co-owner funds for any cash flow, depreciation, or net profit upon disposition.
We are so confident in the quality of our institutional-quality, fractional-deed properties that we buy our own significant fractional interest in each, standing right alongside our co-owners. |
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"I like SCI's formula. Class-A properties of sufficient size to warrant good property management firms, 10 year money at very attractive rates, strong locations with potential for further improvement, and the ownership structured to meet the IRS requirements for a tax-free exchange."
ROBERT M. MOSS
Co-Owner
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