What is a Real Estate Investment Trust (REIT)?

A Real Estate Investment Trust (REIT) is a company that owns, operates, or finances income-producing real estate. To qualify as a REIT, a company must meet a strict set of requirements, including distributing at least 90% of its taxable income to shareholders annually. Pillar Properties is actively working to build the operational and regulatory framework necessary to meet these qualifications, as we believe the REIT structure is the ideal vehicle for delivering long-term shareholder value.

Why should I consider investing in a REIT?

REITs provide a way for individuals to earn a share of the income produced through commercial real estate ownership. They offer the benefits of investing in tangible, brick-and-mortar assets with the potential for steady dividend income, professional management, and greater liquidity than owning property directly.

What are the different types of REITs?

The main types are publicly traded REITs, which are listed on a stock exchange, and non-traded REITs, which are not. There are also private REITs. Each type has different characteristics regarding liquidity and how shares are valued and sold. It's important to understand which type of REIT you are investing in. We are in the process of structuring Pillar Properties to be a publicly traded REIT.

What are the primary benefits of investing in a REIT?

Key benefits include the potential for regular dividend income, professional management of real estate assets, and portfolio diversification by adding real estate to your investments.

What is Pillar Properties' future investment strategy?

Our strategy is to acquire and develop a diversified portfolio of high-quality assets in sectors with strong growth potential, such as hospitality and industry. We are "in it for the long haul," meaning we’ll focus on long-term ownership and proactive asset management to create enduring value and sustainable growth for our shareholders.

How does Pillar Properties qualify as a REIT?

Currently, Pillar Properties is a real estate investment company on the path to becoming a Real Estate Investment Trust (REIT); qualification is a key strategic objective, not a current status. To achieve this goal, the company is actively working to meet a comprehensive set of requirements under the U.S. Internal Revenue Code. These rigorous tests include, but are not limited to:  

• Asset Tests: At least 75% of the company's total assets must be invested in real estate assets, cash, or government securities.  

• Income Tests: At least 75% of the company's gross income must be derived from real estate-related sources like rent or mortgage interest.  

• Ownership Tests: After its first year as a REIT, the company must have a minimum of 100 shareholders.  

• Distribution Mandate: The company must distribute at least 90% of its annual taxable income to shareholders in the form of dividends.  

Every asset we acquire and every operational decision we make is guided by the goal of satisfying these standards to ultimately qualify as a REIT and deliver long-term value to our shareholders.

What makes Pillar Properties different from other real estate companies?

Unlike companies that develop properties to resell them, our primary focus is to buy and develop properties to operate them as part of our own investment portfolio. Our commitment is to long-term ownership and building assets "better than they need to be," guided by our EPIC Core Values: Excellence, Passion, Innovation, and Commitment.

Who can invest in Pillar Properties Inc.?

Investment eligibility can depend on the type of offering. Some offerings are open to all investors, while others may be limited to "accredited investors" as defined by securities regulations.

Our common stock is traded on the OTC market under the ticker symbol ‘TNMD’. Any investor can typically purchase shares through a standard brokerage account that allows for the trading of OTC securities.

Our vision is to create an accessible investment vehicle that allows a broad range of investors to participate in the long-term growth of a diversified, high-quality real estate portfolio

Please consult an expert market brokerage for specific requirements.