REIT Fraud Lawyers

Published on: November 13, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Are You An Investor Who Sustained Losses in KBS REIT III? Our Skilled Non-Traded REIT Fraud Lawyers Can Help You Explore Your Legal Options

Shepherd Smith Edwards and Kantas (investorlawyers.com) is continuing to investigate losses involving KBS Real Estate Investment Trust III, Inc. (KBS REIT III). We recently filed a six-figure lawsuit against LPL Financial and its Houston registered representative Bradley Alan Bowman on behalf of a Texas retiree who sustained significant losses in this publicly registered non-traded real estate investment trust (non-traded REIT), as well as other alternative investments.

In light of the recent news that KBS REIT III has amended its loan agreement with lenders, in part to extend the maturity date of its amended loan of $601.3M until November 20—this is its sixth extension agreement—the concerns over potential investor losses continue.

Non-Traded REIT Fraud Lawyers

Published on: March 22, 2023 | by Shepherd Smith Edwards & Kantas, LLP

Shepherd Smith Edwards and Kantas Non-Traded REIT Fraud Lawyers Represent Lightstone Real Estate Income Trust Investors Against Brokerage Firms

Our Skilled Non-Traded REIT Fraud Lawyers Go After Negligent Broker-Dealers

If you are someone who invested in Lightstone Real Estate Income Trust, now called Lightstone Value Plus REIT IV, Inc., Shepherd Smith Edwards and Kantas (investorlawyers.com) can help you determine whether you have grounds for a securities fraud lawsuit against your broker-dealer. This non-traded REIT is an illiquid, privately traded unregistered security. It should only have been recommended to experienced, accredited investors. Yet there continues to be growing concern that Lightstone Real Estate Income Trust may have been allegedly unsuitably recommended to many retail investors, including older retirees.

REIT Fraud Lawyers Can Help Recover SmartStop Self Storage Losses

Published on: October 17, 2022 | by Shepherd Smith Edwards & Kantas, LLP

How Can SmartStop Self Storage REIT Investors Recover Their Losses?

Our Non-Traded REIT Fraud Lawyers Continue To Investigate Claims Against Broker-Dealers. If you are an investor whose brokerage firm recommended SmartStop Self Storage REIT, you may be trying to figure out how to recover your investment losses. Formerly called Strategic Storage Trust II, this self-managed non-traded real estate investment trust (non-traded REIT) suspended its share redemption program and distribution reinvestment plan in early 2022. However, even if redemptions are possible, investors might not be able to recover their full investment.

SmartStop Self Storage REIT touts itself as “one of the largest self-storage companies in North America.” According to its website, the real estate investment trust has a team of about 450 self-storage professionals, owns or manages approximately 176 properties in Canada and the United States, and has about $2.8B in total capitalization.