February 1, 2005, SAN FRANCISCO, CA – In an effort to more accurately describe the company's mission and client base, The TIC Group ( www.theticgroup.com ) today unveiled its new name, changing it from City Living. The company continues to operate its TIC matchmaking service, called TIC Partner Match™, aimed at giving people the opportunity to invest in the difficult and complex San Francisco housing market.

The TIC Group is a full service real estate company and focuses on getting multiple owners into multi-unit/multi-family buildings. The company's services are designed to take advantage of holding title as a Tenancy In Common, or TIC, where people collaborate to buy property. Buying a multi-unit building with partners can be substantially cheaper than buying a single family home or condominium. The TIC Group focuses on helping buyers identify, evaluate and purchase TIC properties, while assisting sellers in marketing their properties effectively to this specialized community.

Additionally, The TIC Group has fostered meaningful partnerships with influential players in the San Francisco TIC market that results in an experienced team approach to the buying and selling of TIC real estate. These partners include legal services (for TIC agreements), contractors (for renovation, garage additions, inspections), and a specialized mortgage broker (with TIC specific loan programs).

Realtors® can also benefit from working in partnership with The TIC Group by leveraging its matchmaking program, TIC Partner Match, to find partners for their clients.

“We've experienced a lot of success in a short time and felt it was important to further distinguish ourselves with a company name that was illustrative of our services,” said Gannon Tidwell, President and CEO of The TIC Group. “As the demand for TICs in San Francisco continues to grow, it is extremely important for both buyers and sellers to work with experts in the field. TICs are complex transactions and many fall apart because people don't understand the process. We have solved those problems with a focused, experienced team. Because of our experience, both buyers and sellers can be assured of a smooth, on-time close.”