The Center For Commercial Real Estate (CFCRE) was founded on the principle that certain specialized areas of commercial real estate have received short shrift when it comes to sources of education and general information.  In 1998, CFCRE's informational Web site, www.RealEstateLeasingTips.com, became operational and has since provided thousands of tenants, landlords, attorneys and aspiring real estate brokers with a comprehensive view into the world of commercial real estate leasing that for years functioned as something of a closed club.

This was quickly followed by the even more comprehensive How To Lease Commercial Real Estate home-study course and 78-page Lease Clause Analysis - Issues of Significance publication.  This "Complete Program" qualified Colorado real estate brokers for 16 hours of continuing education credits once they passed a 25-question test.  This effort was followed by the development of a variety of other products, including Request for Proposal (RFP) templates, a complete system of commercial lease forms, Comparative Lease Analysis software, etc.

This Web site is a continuation of those efforts.  While 1031 Tax Deferred Exchanges have been around for many years, the availability of Tenant-In-Common (TIC) fractional ownership interests is really quite new and a much misunderstood niche.  Much of the confusion lies in the fact that while TIC's represent an interest in real estate, they are primarily sold as a security.  We certainly hope that this Web site has served to clear the often murky waters and provided information that will allow you to make better investment decisions.

Steven M. Wennerstrom, President & Founder

Steve Wennerstrom is a commercial real estate consultant who has served clients nationwide.  In addition, he earned the Certified Property Manager (CPM) designation in 1986 from the Institute of Real Estate Management.

Steve served his apprenticeship with one of the most savvy real estate developers in operation during the 1970's and 1980's, the Vantage Companies based in Dallas, Texas, ultimately serving as President of the Denver division. 

Steve Wennerstrom

As such he was trained in the finer aspects of the development, management, leasing and disposition of institutional grade office and industrial properties.  He subsequently purchased and continues to operate the Denver division’s operations as Lexon Realty Services, Inc.

In addition to assisting AT&T in its facility acquisitions around the country, he has been fortunate to represent a host of institutional landlords including Chase Manhattan Bank, Connecticut Mutual Life, Union Carbide Pension Fund, MONY, Pacific Standard Life and EastGroup Properties, a REIT listed on the New York Stock Exchange.

As he enters his 30th year in the real estate industry, he is convinced that everyone benefits when experienced practitioners seek out and share with those who might benefit from their expertise. By obtaining the requisite securities license and becoming a Registered Representative with Pacific West Securities, Inc., he has committed himself to becoming one of a handful of licensed real estate agents who specialize in Tenant-In-Common (TIC) real estate investments.

In 1996, Steve founded The Center For Commercial Real Estate (CFCRE) which initially focused its attention on providing education on the subject of how to lease commercial real estate. In 2003, the organization expanded its educational offerings to include the §1031 TIC Exchange Workshop, accredited for 2 credit hours of Continuing Legal Education (CLE), that is available for download from this Web site, www.1031exchange-tic.com/workshop.htm.

The CCIM Institute of the National Association of Realtors recently requested that Steve provide consulting services with the goal of incorporating the CFCRE educational materials into their core courses. Steve also feels privileged to regularly teach a 4-hour §1031 TIC Exchange Workshop for professionals meeting their continuing education requirement through the University of Denver’s Graduate Tax Program.

These activities reflect his belief that investors make better decisions when they and their professional advisors are fully educated on the various options available to them. If you or someone you know is considering a §1031 exchange involving a minimum of $150,000 in real estate equity, a TIC investment could be the solution that you or your clients have been seeking.

Steve regularly speaks at meetings sponsored by bar associations, estate planning councils, etc., but also offers one-half hour, in-depth, one-on-one introductory sessions by appointment. These sessions are purely educational and no product is discussed. Rather, the goal is to present a balanced educational overview so that you, or your client, can better evaluate whether a §1031 TIC Exchange might be an appropriate exit strategy.

This logo is a registered trademark of the
Tenant-In-Common Association
Steve Wennerstrom, Member