For Moody National REIT II Investors, Suing Their Broker-Dealer May Be the Best Chance For Financial Recovery. Our Non-Traded REIT Lawyers Are Here To Help
Shepherd Smith Edwards and Kantas Non-Traded REIT Lawyers (investorlawyers.com) are representing those who suffered significant losses in Moody National REIT II. This non-traded real estate investment trust (non-traded REIT) never fully recovered after its value dropped during the COVID-19 pandemic. Now, Moody National REIT II investors are continuing to pay the price.
What Happened To This Non-Traded REIT?
Once holding a $447.4M portfolio of securities and hotels, including branded properties such as Hyatt, Hilton, and others, Moody National REIT II shares were originally offered for $25/share. Its share price has since been known to be as low as $6.60 on the secondary market.
An illiquid investment, Moody National REIT II’s shares have been hard to resell. The tender offers made to buy these shares at substantially lower prices only affirm that investors are likely looking at significant losses.
Moody National REIT II May Have Been Unsuitably Sold To Retail Investors and Retirees
This is the kind of investment that ideally should only have been marketed to experienced investors. Meanwhile, brokerage firms and their financial advisors may not have fully apprised customers of the risks.
Not only that, but high commissions and management fees of up to 10% were earned from selling Moody National REIT II. If you factor in other costs as well, this means that under 87% of investors’ money would likely have actually gone into their investment.
Moody National REIT II investors we have spoken to appear to not only have been the victim of unsuitability, but also misrepresentations and omissions, overconcentration, negligence, failure to supervise, and more.
Why Speak With One of Our Moody National Non-Traded REIT Lawyers?
If you contact us today, we can help you assess whether you have grounds for an investment loss recovery claim against your broker-dealer and their registered representative.
If you become our client, we will thoroughly explore your portfolio losses, the role that broker misconduct may have played, file a FINRA lawsuit on your behalf, and make your case before the panel of arbitrators chosen to preside over your case.
FINRA arbitration rulings are generally final, so it’s important that you retain solid securities representation that knows how to maximize your chances for a full recovery.
Call our Non-Traded REIT Lawyers today at (800) 259-9010. More than 90% of investors we have worked with have secured full or partial financial recovery through our skilled and knowledgeable efforts.