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Houston Non-Traded REIT Loss Lawyers
SSEK Houston Non-Traded REIT Loss Lawyers Representing Texas Non-Traded Real Estate Investment Trust Investors Against Negligent Brokers
Shepherd Smith Edwards and Kantas (investorlawyers.com) represent investors throughout The Lone Star State who have sustained serious portfolio losses because of non-traded real estate investment trusts (non-traded REITs) that were marketed and sold to them by a financial advisor. Contact us today.
What Is a Non-Traded REIT and How Is It Different From An REIT?
A real estate investment trust (REIT) is a trust or a company that owns (and, usually, runs) real estate that is income-producing, such as hotels, office buildings, shopping centers, and other properties. A REIT can either be listed on an exchange where it can be traded, which would make it a publicly traded REIT, or it can be a private REIT, which is not traded on a national exchange and is exempt from the Securities and Exchange Commission (SEC) regulation. Private REITs should mainly be sold to accredited investors or wealthy investors.
Non-traded REITs are not listed on any exchange but they are SEC-regulated. This type of real estate investment trust can either be a net asset value (NAV) REIT, which usually is sold or redeemed at the current NAV/share price, or a fixed-price REIT, which is offered at a set price.
There are reasons that an investor might be drawn to non-traded REITs and REITs, such as potential tax benefits and the expectation of making money from a real estate investment trust’s real estate portfolio through rent payments received. There are also serious risks involved, including—depending on the type of real estate investment trust involved—a lack of liquidity, non-transparency, vulnerability to the economy through real estate trends and fluctuations, limited options for resale on a secondary market, and high fees from early redemptions to name just some of them. Not only that, but because non-traded REITs are not traded on any national exchanges, it could take a while for there to be any steady income. Distributions (including amounts) are not guaranteed and they are up to a board of directors to determine. There may even be serious conflicts of interest involved.
Non-traded REIT investors tend to pay high front-end fees of up to 15%, including high commissions to brokers. This makes them very attractive to financial advisors and may lead to unsuitable investment recommendations, misrepresentations and omissions, overconcentration, and other acts of financial advisor fraud or negligence.
Our Texas securities law firm represents both non-traded REIT investors and REIT investors. It is the former, however, that more often is at the center of investment loss recovery claims that involve alleged broker misconduct or negligence.
Here is a list of some of the many non-traded REITs that we are continuing to investigate or are suing broker-dealers over:
- Healthcare Trust REIT
- NorthStar Healthcare Income REIT
- Starwood Real Estate Income Trust
- Hartman vREIT XXI
- KBS Real Estate Investment Trust III
- Moody National REIT II
- Cole Capital REITs
- Arc Realty Finance
- Watermark Lodging Trust
- RAD Diversified REIT
- Blackstone Real Estate Income Trust
Why You Want To Work With Our Skilled Houston Non-trade Real Estate Investment Trust Law Firm
Shepherd Smith Edwards and Kantas is headquartered in Texas and we have two main offices in Houston and Dallas. With over a century’s worth of collective experience in securities law and the securities industry, our securities law firm has helped thousands of retail investors, retirees, accredited investors, high-net-worth individual investors, and institutional investors to secure awards, damages, and settlements from the broker-dealers, investment advisers, and their registered representatives that should be held liable.
We have represented investors in more than 1000 matters in arbitration, mediation, and litigation. Our Houston non-traded REIT fraud lawyers understand the complex nature of real estate investments, why many of them fail, and the role that financial advisors can play in unnecessarily exposing investors to their risks.
When you work with us, you aren’t dealing with just one of our Texas REIT loss attorneys, you are hiring everyone at our firm to fight for you. During your free, no-obligation initial case assessment, we can help you determine whether you have grounds for an investor lawsuit and together, we can explore your legal options.
Filing a non-traded REIT recovery claim against a broker-dealer is not something you want to pursue on your own. You need skilled real estate investment fraud attorneys who can give you the best chance possible to maximize your chances for compensation.
How To Contact Our Houston Non-Traded REIT Loss Lawyers :
In Fort Bend County, Galveston County, Harris County, Liberty County, and other Texas counties, call (936) 251-0033 or (800) 259-9010.
Houston Non-Traded REIT Loss Lawyers
1010 Lamar St #900
Houston, TX 77002