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Denver Non-Traded REIT Loss Law Firm
Denver, CO Non-Traded REIT Loss Law Firm
We Represent Colorado Investors Against US Broker-Dealers and Investment Advisers
Pursuing damages from losses suffered in a non-traded real estate investment trust (non-traded REIT) can be very difficult, which is why Shepherd Smith Edwards and Kantas (investorlawyers.com) is here to help. For decades, our Denver non-traded REIT fraud attorneys have represented investors throughout the state in fighting for the financial recovery they are owed from liable broker-dealers and investment advisers.
The first step in determining if you have grounds for a claim is to contact our Colorado securities law firm today. During your free, no-obligation case consultation, we can help assess whether or not broker misconduct or negligence played a role in your losses. This is not the type of legal claim that you want to pursue without seasoned legal representation by your side.
Broker-dealers are generally unwilling to admit to wrongdoing or carelessness. One reason for this is they don’t want to open themselves up to more lawsuits that they could end up having to pay. Some brokerage firms may even try to sabotage your case or blame you for your losses. Our Denver, CO nontraded REIT attorneys are here to make sure that doesn’t happen.
If we decide to work together, you can trust that you will receive experienced securities representation and personalized attention from everyone at our law firm. We are committed to fighting for our clients and protecting their legal rights.
What Are Non-Traded REITs and Their Risks That Can Lead To Losses for Colorado Investors?
A non-traded real estate investment trust owns, runs, and/or finances mostly income-producing real estate assets. Although regulated by the Securities and Exchange Commission (SEC), non-traded REITs are unlisted and not traded on any open exchange.
This type of real estate investment allows investors, including retail investors that satisfy certain state-mandated requirements, a chance to get involved in assets to which they might not normally have access while, supposedly, allowing them to reduce or eliminate certain taxes. However, investing in a non-traded real estate investment trust does come with risks. Here are some of them:
- Because blind pool acquisitions might be a factor, it can be hard for an investor to know what properties are involved.
- Early redemptions can lead to high fees that may reduce an investor’s total return.
- Front-end fees can be as high as up to 15%.
- There is a limited secondary market for reselling a non-traded REIT investment.
- A non-traded REITs can be illiquid for years.
- Any steady income from this type of alternative investment might not happen for a while.
- Shareholder distributions may have to be subsidized by borrowed money and they are not guaranteed.
A lot of non-traded REITs are set up with a finite time frame for when they either have to become listed on a national exchange or must liquidate. Losses could result for an investor if the latter occurs.
What Role Does Broker Fraud Play In Non-Traded REIT Losses?
If your financial advisor unsuitably recommended a non-traded REIT, failed to fully apprise you of the risks, made misrepresentations and omissions about this investment, neglected to conduct the necessary due diligence, breached their fiduciary duty to you, overconcentrated your account with too many risky investments, or were negligent or grossly negligent, you may be able to sue for damages.
Broker-dealers are supposed to properly oversee customers’ accounts and their registered representatives’ activities as they manage an investor’s portfolio. Failure to supervise any of that can also be a reason for financial recovery.
Denver Non-Traded REIT Loss Law Firm has more than a century’s worth of combined experience in securities law and the securities industry. We have represented investors in more than 1000 matters in arbitration, mediation, and litigation. Over the decades, more than 90% of our investors have received full or partial financial recovery.
Contact Our Denver Non-Traded REIT Loss Law Firm:
Call (720) 439-2827 or (800) 259-9010.
1700 Lincoln St #2710
Denver, CO 80203