Which type of investment structure allows for more than one investor's participation in a property?

The tenant in common investment structure allows for more than one investor to participate in a property by enabling them to own a fractional interest in a real estate asset. This arrangement is characterized by each co-owner holding an undivided interest in the property, meaning they share ownership but have separate, distinct rights to their portion of the property. This structure facilitates flexibility since each investor can choose to sell or transfer their interest independently of others.

In comparison to other structures like joint ventures, real estate investment trusts (REITs), or partnerships, the tenant in common arrangement specifically emphasizes individual ownership rights, allowing multiple investors to come together to invest in a property yet operate independently within the bounds of their ownership share.