Non-Traded Real Estate Investment Trusts Are Risky, Illiquid If you are a retail investor in San Francisco whose broker is recommending that you invest in non-traded real estate investment trusts (non-traded REITs), you should strongly reconsider. While often touted as a security that allows investors to make money without having…
Elderly Investor Alleges Unsuitable Investment Recommendations Caused REIT Losses An Oklahoma retiree is seeking up to $500K in damages for investment losses she suffered while working with Kovack Securities broker, Susan Penney. The claimant contends that Penney and the broker-dealer misled her and made unsuitable recommendations when they persuaded her…
For thirty years, Shepherd Smith Edwards and Kantas (SSEK Law Firm) has worked with investors seeking to recover losses they suffered because a broker and their broker-dealer sold them real estate investment trusts (REITs) that were too high risk for their portfolios. The unsuitability of REITs for many investors has…
Advisor Group Suspends Real Estate Investment Product Sales Another brokerage firm has temporarily stopped selling real estate products due to the Coronavirus (COVID-19) has causing valuation issues. Advisor Group’s decision to suspend the sales of real estate interval funds and NAV real estate investment trusts (NAV REITs) comes soon after…