Articles Tagged with 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.