Page Perry

Anton Troianovski’s WSJ article, “Ruling Offers a Peek Into Boom’s Fallout,” shows how individual investors, many of them retired and seeking safe income, were victim’s of both the commercial real estate bubble and, more particularly, promoters and sellers of tenant-in-common (or TIC) interests in commercial real estate. One of the big promoters was a company named NNN Realty Advisers, which merged with well-known Grubb and Ellis, a publicly traded company that, according to its website, “is one of the largest and most respected commercial real estate services and investment companies in the world.”