Non-traded REIT Attorneys

Did Your Broker Fail To Fully Apprise You of the Risks Involving American Healthcare REIT?

Our Non-traded REIT Attorneys Are Looking Into Investor Losses

If your broker-dealer marketed and sold you American Healthcare REIT (previously known as Griffin-American Healthcare REIT IV), please contact Shepherd Smith Edwards and Kantas (investorlawyers.com) today. The non-traded real estate investment trust (Non-traded REIT) recently came under scrutiny in the wake of an unsolicited tender offer from CMG Partners and its affiliates to buy 250,000 Class T and Class I common stock shares for $8.50/share. That’s equal to $2.13/share before the company’s one-for-four reverse stock split in 2022 and 73% of their current estimated net asset value (NAV).

It was just in March that the REIT’s board reported a lower quarterly distribution from 40 cents/share to 25 cents/share for these two stock classes. The reason given was that liquidity needed to be preserved so the company could fulfill its “long-term strategic goals.”

American Healthcare REIT has about $4.6B in healthcare real estate assets. It merged with Griffin-American Healthcare REIT III, Inc. in 2021. The non-traded real estate investment trust claims that its reduced NAV is because of certain market factors that were adversely affecting real estate values.

What Should You Do If You Suffered Serious Non-Traded REIT Losses?

Often, when investors come to us to discuss their real estate investment trust losses, many express dismay that their broker never fully apprised them of the risks involved. However, REITs and non-traded REITs can be very high-risk investments, and they are not suitable for many inexperienced investors and retail investors.

Unfortunately, it is not uncommon for brokers to unsuitably recommend a REIT to an investor even if it is not the proper fit for their level of investing experience or financial goals. This is broker negligence. Yet the high sales commissions of up to 15% can cause many financial advisors to turn a blind eye to an investor’s best interests, which could result in significant real estate investment trust losses.

Representing  Investors Against Broker-Dealers All Over the US

If you are an American Healthcare REIT, our trusted non-traded REIT loss lawyers can help you determine whether you have grounds for pursuing damages from your broker-dealer. For over 30 years, Shepherd Smith Edwards and Kantas has been exclusively focused on helping investors obtain the financial recovery they are owed due to broker misconduct or negligence. More than 90% of our clients have received full or partial financial recovery with our help.

We have a team of Non-traded REIT Attorneys with the skills, resources, and experience to handle even the most complex kinds of investment loss recovery claims.

Call (800) 259-9010 today or contact us online.