Non-Traded Real Estate Investment Trust Loss Lawyers

Starwood REIT Investors Should Explore Their Legal Options. Our Non-Traded Real Estate Investment Trust Loss Lawyers Are Here For You

Shepherd Smith Edwards and Kantas Non-Traded Real Estate Investment Trust Loss Lawyers (investorlawyers.com) continues to offer free, initial, no obligation case assessments to Starwood Real Estate Income Trust (SREIT) investors. Just a few months after the non-traded real estate investment trust lowered the monthly redemption limit from 2% to .33% of stockholder net asset value (NAV), a tender offer has been made at well under NAV. (Purportedly, beginning July 1, 2024, the quarterly redemption limit for SREIT investors was lowered to from 5% to 1%.)

The tender offer comes from Mackenzie Realty Capital and its affiliates. They want to buy 700,000 shares of Starwood REIT Class S common stock for $17/share in cash. Mackenzie claims that SREIT’s share repurchase program is oversubscribed and just 30% to 55% of redemption requests were fulfilled over the past year. That is about $326M in allegedly unmet redemption requests.

The lower redemption limits, which the non-traded REIT began putting into place in December 2022, are believed to be a way to fulfill such requests without having to sell assets. Starwood REIT, which reportedly has almost $9.8B in aggregate asset value—this figure was once at $14B—is believed to have had cash flow problems for almost two years. Repurchase requests for April 2024 weas purportedly at about $500M.

What Can You Do About Your SREIT Losses?

It may be challenging to recoup your investment, or losses, directly from this non-traded REIT. What you can do is contact Smith Edwards and Kantas today. We have been scrutinizing the many brokerage firms that may have unsuitably marketed and sold SREIT to investors, misrepresented or omitted the risks, or failed to conduct the necessary due diligence required when recommending any investment.

Non-traded real estate investment trusts are complex, risky investments to begin with even if they may be open to retail and conservative investors. Their lack of regulation, non-transparency, and illiquidity are not for everyone. Unfortunately, because brokers can earn high sales commissions and fees from selling Starwood REITs and other non-traded REITs, this can cause a financial advisor to disregard a client’s best interests in order to line their own wallets. Our Starwood REIT investment loss recovery attorneys have been going after brokerage firms and their financial advisors that should be held liable for an investor’s non-traded REIT losses.

Pursuing damages from any brokerage firm for misconduct or negligence is going to be difficult, which is why you want skilled non-traded real estate investment trust loss attorneys representing you.

We can help you determine if financial advisor fraud contributed to you suffering Starwood REIT losses. If we decide to work together, our securities law firm will investigate the extent of your losses and represent your claim to FINRA arbitration.

Seasoned Starwood Real Estate Income Trust Loss Law Firm 

Over the decades, we have helped thousands of investors to collectively recoup many millions of dollars in damages through arbitration, negotiation, and litigation. We genuinely care about our clients and have the skills and resources to provide robust securities representation.

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

 

 

 

 

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