REITs

REIT Loss Lawyers

Published on: January 8, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Despite Reassurances of a Turnaround by Silver Star Properties REIT, Investors Should Be Wary. Our Seasoned Non-Traded REIT Loss Lawyers Continue To Offer Free Case Assessments

Despite receiving a letter from Silver Star Properties claiming that it anticipates a successful exit from Chapter 11 bankruptcy by its subsidiary Hartman SPE—and the non-traded real estate investment trust’s (non-traded REITs) ongoing efforts to sell legacy commercial assets and focus on self-storage assets—investors still have reasons to be concerned about when, or if, they will get their money back. The fact that the non-traded REIT defaulted on $217M of a loan that was due in October is also not optimistic news—not to mention that the US Securities and Exchange Commission’s (SEC) regional office in Fort Worth, TX has launched an investigation. However, as a non-traded REIT investor, what you still can do is explore your legal options.

Shepherd Smith Edwards and Kantas (investorlawyers.com) is representing Silver Star Properties REIT investors in pursuing damages from the broker-dealers that marketed and sold them this non-traded real estate investment trust. Contact us today to schedule your free, no obligation case consultation.

Texas Non-Traded REIT Lawyers

Published on: November 21, 2023 | by Shepherd Smith Edwards & Kantas, LLP

I’m A Silver Star Properties REIT Investor. How Can I Recover My Losses?

Our Skilled Texas Non-Traded REIT Lawyers May Be Able To Help You

If you are a Silver Star Properties REIT investor, please contact Shepherd Smith Edwards and Kantas(investorlawyers.com) today to request your free, no-obligation case consultation. This Texas non-traded real estate investment trust (non-traded REIT) left many reeling after filing for Chapter 11 bankruptcy in September as it continues its efforts to sell off a portfolio that included $400M worth of commercial properties.

REIT Loss Attorneys

Published on: November 15, 2023 | by Shepherd Smith Edwards & Kantas, LLP

Are You An Investor Who Lost Money In Tuscan Gardens REIT?

Ex-Florida Broker Sean Casterline Allegedly Unsuitable Marketed Private Placements

Shepherd Smith Edwards and Kantas (investorlawyers.com) is representing a South Carolina retiree in his broker fraud lawsuit against International Assets Advisory and its former registered representative Sean Donovan Casterline. The ex-Florida financial advisor, who was most recently with Delta Securities, was sanctioned by FINRA for allegedly taking part in unauthorized securities transactions without telling his member brokerage firm. This included the fact that he was Managing Director of Private Equity for Tuscan Gardens.

Realty Trust Loss Attorney

Published on: July 17, 2023 | by Shepherd Smith Edwards & Kantas, LLP

NorthStar Healthcare Income and Griffin Capital Essential Asset II Are Too Risky For Novice Investors

Illinois Retirees Files Broker Fraud Lawsuit Against Wintrust Investments

If you suffered serious losses in the non-traded real estate investment trusts (non-traded REITs) NorthStar Healthcare Income and Griffin Capital Essential Asset II (Now Griffin Realty Trust), you may want to explore your legal options by contacting Shepherd Smith Edwards and Kantas Realty Trust Loss Attorney Team. Both non-traded REITs are illiquid, high-risk investments and generally should not be recommended to inexperienced or conservative investors, including retirees.

REIT Fraud Law Firm

Published on: June 28, 2023 | by Shepherd Smith Edwards & Kantas, LLP

Should Ashford Hospitality Trust Investors Be Worried?

If You Suffered REIT Losses, Our Broker Negligence Lawyers Can Help You Explore Your Legal Options

According to a Seeking Alpha article, Ashford Hospitality Trust, Inc. (NYSE: AHT) and its family of companies is among the “most dangerous” real estate investment trusts (REITs). Initially seeming to do well at the start even when market prices for hotel REITs plunged during the early aughts, this holder of luxury assets used cash to repurchase about half of its outstanding shares at low rates, helping to save itself while similar investment vehicles could not. However, it was after that, contends Portfolio Income Solutions leader Dane Bowler that the real estate investment trust started getting “greedy,” and Ashford Hospitality Trust’s decisions now purportedly appear to be made for the benefits management while costing shareholders. This has included management allegedly profiting by “multi-dipping” and receiving pay from multiple Ashford Inc. entities.

Overconcentration Attorneys

Published on: June 19, 2023 | by Shepherd Smith Edwards & Kantas, LLP

Did You Suffer Portfolio Losses Because Of A Failure To Diversify?

Our Skilled Overconcentration Attorneys Help Investors Pursue Financial Recovery

Financial advisors should know the importance of properly allocating an investor’s funds among different kinds of financial products, asset classes, or market sectors. Seeing as all investments come with some risk, proper diversification increases protection from serious losses because should one investment plunge in value, the hope is that the returns generated by the other financial products in the portfolio can help offset the overall impact on an investor’s money. In other words, to use a popular phrase, “Don’t put all of your eggs in one basket.”

REIT Investor Loss Attorneys

Published on: May 30, 2023 | by Shepherd Smith Edwards & Kantas, LLP

Peakstone Realty Trust Investors May Have Reason To Be Wary

Our Skilled REIT Investor Loss Attorneys Can Help You Explore Your Legal Options

With Peakstone Realty Trust (NYSE: PKST), formerly Griffin Realty Trust, recently joining the New York Stock Exchange, and the dramatic reduction to the net asset value that its stock traded at, investors may have reason for concern. While its trading shares briefly went up since the debut—starting at $8/share and at one point closing at $40.45/share, but eventually dropping to under $20.00 a share. However, previous to all of that, its most recent reported net asset value (NAV) was $66.87/share after a reverse stock split that occurred in March. Many investors paid more than the reported NAV.

Broker Fraud Lawyers

Published on: March 22, 2023 | by Shepherd Smith Edwards & Kantas, LLP

Why The Parking REIT Investors May Want To Explore Their Legal Options

Our Broker Fraud Lawyers Are Investigating The Broker-Dealers Over Alleged Investment Scam

With so many The Parking REIT investors appearing to have lost more than 50% of their investment in a purported investment scheme, Shepherd Smith Edwards and Kantas (investorlawyers.com) are continuing to investigate the brokerage firms that marketed and sold shares in this former non-traded real estate investment trust (non-traded REIT). If you are someone who invested in The Parking REIT (now called Mobile Infrastructure Corp.), contact us here today to request your free, no-obligation case assessment.

REIT Loss Lawyers

Published on: March 16, 2023 | by Shepherd Smith Edwards & Kantas, LLP

Why Exploring Your Legal Options With Trusted Non-Traded REIT Loss Lawyers Matters

Retiree Sues Securities America For Unsuitably Recommending Griffin Realty Trust

For some time now, investors of Griffin Realty Trust (formerly called Griffin Capital Essential Asset REIT) have been reporting significant investment losses. Matters weren’t helped much when in October 2021, this publicly registered non-traded real estate investment trust (non-traded REIT) announced it was suspending both its share redemption program and its distribution reinvestment plan. Then, in 2022 Griffin Realty Trust announced a “strategic monetization process” that included spinning off a newly public company while liquidating its remaining assets.

REIT Broker-Dealer Negligence Lawyers

Published on: March 12, 2023 | by Shepherd Smith Edwards & Kantas, LLP

When Brokers Allegedly Unsuitably Recommend Non-Traded REITs To Investors

Our Broker-Dealer Negligence Lawyers Are Investigating Potential Pacific Oak Strategy Opportunity REIT Losses

Placing your trust in a broker to properly handle your funds is a big decision. You are relying on a financial professional to take care of your money and invest your assets wisely. Unfortunately, there are stockbrokers that will unsuitably recommend investments that are too risky for a client and when this happens serious investment losses can result.