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The International Real Estate
Equity Xchange (IREEX) and the
American
Trade Cooperative
(ATC) are
bringing to the American real
estate marketplace an
innovation, consisting of using
Trade Credits, together with
cash, in buying and selling
transactions.
Property Owners who can take
advantage of this method are:
-
Sellers of land with limited
marketability
-
Buyers of property wanting
to reduce their cash and
credit requirements to make
acquisitions
-
Sellers of property wishing
to offer better terms to
potential buyers without
discounting
-
Owners of property wishing
to monetize and put to use
dormant equity
PRIMARY BENEFIT:
The system allows owners of
non-productive assets, such as
vacant land, to monetize
the assets and convert them to
Trade Credits, a form of money
that can be used to transact
business.
HOW ARE TRADE CREDITS ACQUIRED?
A
property is pledged, as
security, for a line of credit
in Trade Credits. Title to the
property pledged does not
transfer, but a Notice of
Interest is used to record the
encumbrance at the time the
line of credit is activated.
If the principal is not able to
use the Trade Credits to make a
desired purchase he/she can
terminate the arrangement at any
time and retrieve the pledged
asset.
HOW DOES IT WORK?
The ATC Trade Credit system
operates similarly to a REIT. In
a REIT assets go into a Trust
which issues stock certificates;
in our case pledged assets go
into a Trust which, in
turn, issues a
Dollar-denominated Trade
Credit that is used, as part of
the consideration, in real
estate transactions. The
portion of the consideration
paid using Trade Credits ranges
between 20% and 45%.
WHO WE ARE:
The parent company has
operated since 1974 and the
current management team has over
125 years of collective
experience in real estate. The
CEO of the Companies owns an
enviable record as a broker,
investor, developer, syndicator,
lender and a sales and marketing
specialist.
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