Articles Tagged with Non-Traded REIT Fraud Attorneys

Shepherd Smith Edwards and Kantas Is Continuing To Investigate Watermark Lodging Trust REIT Losses. Our Non-Traded REIT Fraud Attorneys Are Helping Investors Evaluate What Happened

Shepherd Smith Edwards and Kantas (investorlawyers.com) is offering free, no obligation, initial case consultations to those who lost money in Watermark Lodging Trust. Formerly known as Carey Watermark REITs (real estate investment trusts), this non-traded REIT has caused investors, particularly those who originally paid $10/share, significant losses now that there has been a huge drop in value, possibly as high as 60% to even 70%. Unfortunately, the options for reselling them, like many non-traded REITs, are very limited.

Always a high-risk investment, Watermark Lodging Trust charged high commissions of 10% or greater especially in its previous iterations of Carey Watermark Investors 1 and Carey Watermark Investors 2 prior to their merger to become this Watermark REIT. Dealer-manager fees and other offering costs were also charged, which meant that, allegedly, less than about 87% of an investor’s money was actually put into the non-traded REIT.