REIT Loss Lawyers

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.

Non-Traded REITs Are High-Risk Investments That Are Not Suitable For Every Investor 

In addition to its current financial and regulatory woes, Silver Star Properties REIT suspended stockholder distributions. Now, in the wake of the bankruptcy filing there is a very good chance that investors may lose their principal.

This non-traded REIT was always a risky, not very liquid investment. It should only have been recommended by brokers to those with a long-term investment horizon and high-risk tolerance level. And yet, there are growing concerns that financial advisors unsuitably recommended Silver Star Properties to retail investors, retirees, and conservative investors with low-risk tolerance levels.

Brokers also may have made misrepresentations and omissions by failing to fully apprise customers of the risks, including that  fluctuating interest rates, the importance of share price stability, and Silver Star Property’s ability to collect mortgage or rent payments could affect how well the non-traded REIT performed.

How Can Our Savvy Silver Star Properties Investment Loss Recovery Attorneys Help?

If you reach out to us, we can help you determine whether you have grounds for suing your broker-dealer. Financial firms were paid high commissions for selling Silver Star Properties REIT to investors. If we find that you have valid reasons for filing a lawsuit—not all investment losses are caused by broker fraud or misconduct—and we decide to work together, our savvy non-traded REIT loss attorneys will help you go after the financial recovery you are owed.

This will likely mean conducting a thorough investigation into your losses and filing a FINRA (Financial Industry Regulatory Authority) lawsuit against the broker-dealer. FINRA arbitration is not the kind of legal venue that you want to get involved in without solid legal representation by your side.

With over a century’s worth of combined experience in securities law and the securities industry, should you decide to retain our services you can rest assured that we will provide you with seasoned legal representation and personalized attention. Over the years, thousands of investors that we worked with have collectively recovered many millions of dollars.

How To Schedule Your Free Consultation With Our REIT Loss Lawyers:
Call (800)259-9010 today.