Broker Check



Q : What does Investment Capital Resources do for its investors?

A : Investment Capital Resources is a leading provider of both traditional and alternative-investment products. ICR also provides valuable investment services such as product due diligence and portfolio evaluation.

Q : Why should I use an Investment Capital Resources Professional vs investing on my own behalf?

A : In addition to providing investors with valuable market insight and experience, your Investment Capital Resources representative will provide you with access to many alternative investments that are offered through the broker-dealer. These investments can provide an investor's portfolio with many potential benefits, including additional diversification, reduced volatility and enhanced returns. They also may introduce additional risks which may not be present in your current portfolio. Your ICR representative will be able to provide you with investment offering materials that will explain both the risks and proposed benefits of each offering we make available to our investors.

Q : What are alternative investments?

A : Alternative investments are considered to be non-traditional investments, such as stocks and bonds. Some alternative investments include Non-Traded REIT’s, Real Estate Opportunity Funds, Debt Funds, Oil and Gas Drilling Programs, Business Development Companies (BDCs) and 1031 DSTs.

Q : What is a 1031 Exchange?

A : A 1031 Exchange is a means of deferring capital gains taxes when selling investment property and purchasing like-kind investment property. For a more in-depth analysis of the 1031 exchange and IRS guidelines, please visit

Q : What is a 1031 DST?

A : A DST (Delaware Statutory Trust) is an investment vehicle structured to provide investors with like kind property to use as a replacement property when attempting to complete a 1031 tax deferred exchange. Essentially, the investment sponsor offering the DST investment will form a trust in the state of Delaware that will take title to the underlying real estate and assume any financing associated with the real estate. Investors purchase what is known as a Beneficial Interest in the trust and assume both the benefits and risks associated with the real estate.

Q : Why should I consider including real estate in my portfolio?

A : There are many reasons why institutions like Pension Funds and retail investors include real estate and other alternative investments in their portfolios. Real estate can provide many benefits including income, growth potential, diversification, certain tax benefits, and reduced portfolio volatility. Real estate has long been considered a method by which one may protect against the impact of periods of inflation. It is important to understand that there are unique risks associate with real estate investments that are not typically found in more conventional investments. Some of which include limited or no liquidity, income fluctuations, the use of leverage, and other important risk factors which must be considered prior to investing. Your Investment Capital Resources Advisor can help you understand both the benefits and risks while assisting with determining the suitability of real estate investments given individual risk tolerances and needs.

Q : What is a Non-traded REIT?

A : Non-traded REITs (NTRs), like their publicly traded counterparts, make investments in income-producing commercial real estate. They typically hold multiple properties in a single portfolio and are ordinarily categorized by the types of properties they own, such as retail, industrial, multifamily, office and storage, among others. Certain of these REITs structure their underlying investments as net leases in which the tenant is responsible for bearing real estate costs directly, such as property taxes, insurance, operating expenses, and capital items — in addition to rent and utility payments. At least 75 percent of the company’s total assets must be invested in real estate, at least 75 percent of its gross income must come from rents from real property or interest from mortgages, and REITs are required to pass at least 90 percent of taxable income to stockholders. The term “private REIT,” commonly attached to NTRs, is a misnomer, since these REITs are publicly registered and are thus subject to many of the same public reporting, tax qualification, SEC regulation and governance requirements that an exchange-traded public REIT must meet.

Unlike traded public REITs, these vehicles are not susceptible to exchange-traded supply and demand-driven price volatility. Rather, price discovery happens through periodic valuations, much as in private equity real estate investing. NTRs generally provide little or no interim liquidity and usually have a five- to seven-year lifespan or longer. However, unlike public REITs, NTRs are only available to investors that meet established net worth and income standards.

Risks of Non-Traded REITs

  • There is no public trading market for shares of non-traded REITs and there may never be one; therefore, it may be difficult to sell your shares.
  • Because non-traded REITs are typically “blind pool” offerings, stockholders will not have the opportunity to evaluate the investments that are made with the proceeds of the offerings before shares are purchased.
  • If a non-traded REIT pays distributions from sources other than the REIT’s cash flow from operations, it will have fewer funds available for the acquisition of properties, and the overall return to stockholders may be reduced. Typically, non-traded REITs may use an unlimited amount from any source to pay distributions.
  • Distribution declarations are at the sole discretion of the REIT’s board of directors and are not guaranteed.
  • If a REIT is unable to raise substantial funds, it will be limited in the number and type of investments it may make, and the value of any investment will fluctuate with the performance of the specific properties the REIT acquires.
  • A non-traded REIT’s advisor will face conflicts of interest relating to the incentive fee structure under the REIT’s advisory agreement, which could result in actions that are not necessarily in the long-term best interests of the REIT’s stockholders.
  • Payment of substantial fees and expenses to the REIT’s advisor and its affiliates will reduce cash available for investment and distribution.
  • A non-traded REIT may not be able to sell properties at a price equal to, or greater than, the price for which it purchased such properties, which may lead to a decrease in the value of its assets.
  • Adverse economic conditions may negatively affect property values, returns and profitability
  • Increases in interest rates could increase the amount of debt payments and adversely affect a REIT’s ability to make distributions.
  • Disruptions in the credit markets and real estate markets could have a material adverse effect on a REIT’s results of operations, financial condition and ability to pay distributions.
  • Failure to qualify as a REIT would adversely affect operations and the ability to make distributions due to additional tax liabilities.
  • You may have tax liability on distributions you elect to reinvest in the REIT’s common stock.
  • Special considerations apply to employee benefit plans, IRAs, or other tax favored benefit accounts investing in non-traded REITs.
  • Some non-traded REITs have limited prior operating history or established financing sources.

Q : What is a BDC or Business Development Corporation?

A : A Business Development Company ("BDC") is a form of publicly registered company in the United States that invests in small and mid-sized businesses. Congress created this form of company in 1980 as an amendment to the Investment Company Act of 1940.

Q : Will a real estate development fund provide me with cash flow during the investment-holding period?

A : Development Funds are specifically structured to provide investors with growth of principal. Therefore, they typically do not provide investors with income during the holding period.

Q : Will Investment Capital Resources help me with my entire portfolio or does ICR focus only on alternative investments?

A : If you are looking for guidance with your entire portfolio, we can help. At Investment Capital Resources, we provide our clients with conventional stock and bond investments through our broad network of Mutual Fund companies. We also offer private-equity opportunities and alternative investments.

Q : Who do I contact to get started?

A : In order to begin your portfolio review, please contact the following number  844-427-1031 or request a call back here.