REIT Fraud Law Firm

Should Ashford Hospitality Trust Investors Be Worried?

If You Suffered REIT Losses, Our Broker Negligence Lawyers Can Help You Explore Your Legal Options

According to a Seeking Alpha article, Ashford Hospitality Trust, Inc. (NYSE: AHT) and its family of companies is among the “most dangerous” real estate investment trusts (REITs). Initially seeming to do well at the start even when market prices for hotel REITs plunged during the early aughts, this holder of luxury assets used cash to repurchase about half of its outstanding shares at low rates, helping to save itself while similar investment vehicles could not. However, it was after that, contends Portfolio Income Solutions leader Dane Bowler that the real estate investment trust started getting “greedy,” and Ashford Hospitality Trust’s decisions now purportedly appear to be made for the benefits management while costing shareholders. This has included management allegedly profiting by “multi-dipping” and receiving pay from multiple Ashford Inc. entities.