Articles Posted in Real Estate Investment Fraud

Despite Reassurances of a Turnaround by Silver Star Properties REIT, Investors Should Be Wary. Our Seasoned Non-Traded REIT Loss Lawyers Continue To Offer Free Case Assessments

Despite receiving a letter from Silver Star Properties claiming that it anticipates a successful exit from Chapter 11 bankruptcy by its subsidiary Hartman SPE—and the non-traded real estate investment trust’s (non-traded REITs) ongoing efforts to sell legacy commercial assets and focus on self-storage assets—investors still have reasons to be concerned about when, or if, they will get their money back. The fact that the non-traded REIT defaulted on $217M of a loan that was due in October is also not optimistic news—not to mention that the US Securities and Exchange Commission’s (SEC) regional office in Fort Worth, TX has launched an investigation. However, as a non-traded REIT investor, what you still can do is explore your legal options.

Shepherd Smith Edwards and Kantas (investorlawyers.com) is representing Silver Star Properties REIT investors in pursuing damages from the broker-dealers that marketed and sold them this non-traded real estate investment trust. Contact us today to schedule your free, no obligation case consultation.

Shepherd Smith Edwards and Kantas Investigates $63M in Investor Losses Involving CrowdStreet & Alleged Nightingale Fraud

Allow Our Seasoned Broker Investment Loss Recovery Lawyers To Help You Explore Your Legal Options

If you were an investor in either of the deals to purchase commercial real estate in Miami and Atlanta through Nightingale Properties and its CEO Elie Schwartz, you may have grounds for a claim seeking damages against CrowdStreet Capital. The brokerage firm allegedly connected investors to Nightingale, which is now accused of running an alleged investment scam that defrauded some 800 investors of around $63 million.

I’m A Silver Star Properties REIT Investor. How Can I Recover My Losses?

Our Skilled Texas Non-Traded REIT Lawyers May Be Able To Help You

If you are a Silver Star Properties REIT investor, please contact Shepherd Smith Edwards and Kantas(investorlawyers.com) today to request your free, no-obligation case consultation. This Texas non-traded real estate investment trust (non-traded REIT) left many reeling after filing for Chapter 11 bankruptcy in September as it continues its efforts to sell off a portfolio that included $400M worth of commercial properties.

Are You An Investor Who Lost Money In Tuscan Gardens REIT?

 Ex-Florida Broker Sean Casterline Allegedly Unsuitable Marketed Private Placements

Shepherd Smith Edwards and Kantas (investorlawyers.com) is representing a South Carolina retiree in his broker fraud lawsuit against International Assets Advisory and its former registered representative Sean Donovan Casterline. The ex-Florida financial advisor, who was most recently with Delta Securities, was sanctioned by FINRA for allegedly taking part in unauthorized securities transactions without telling his member brokerage firm. This included the fact that he was Managing Director of Private Equity for Tuscan Gardens.

NorthStar Healthcare Income and Griffin Capital Essential Asset II Are Too Risky For Novice Investors

Illinois Retirees Files Broker Fraud Lawsuit Against Wintrust Investments

If you suffered serious losses in the non-traded real estate investment trusts (non-traded REITs) NorthStar Healthcare Income and Griffin Capital Essential Asset II (Now Griffin Realty Trust), you may want to explore your legal options by contacting Shepherd Smith Edwards and Kantas Realty Trust Loss Attorney Team. Both non-traded REITs are illiquid, high-risk investments and generally should not be recommended to inexperienced or conservative investors, including retirees.

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.

Peakstone Realty Trust Investors May Have Reason To Be Wary 

Our Skilled REIT Investor Loss Attorneys Can Help You Explore Your Legal Options 

With Peakstone Realty Trust (NYSE: PKST), formerly Griffin Realty Trust, recently joining the New York Stock Exchange, and the dramatic reduction to the net asset value that its stock traded at, investors may have reason for concern. While its trading shares briefly went up since the debut—starting at $8/share and at one point closing at $40.45/share, but eventually dropping to under $20.00 a share. However, previous to all of that, its most recent reported net asset value (NAV) was $66.87/share after a reverse stock split that occurred in March.  Many investors paid more than the reported NAV.

Why Exploring Your Legal Options With Trusted Non-Traded REIT Loss Lawyers Matters

Retiree Sues Securities America For Unsuitably Recommending Griffin Realty Trust

For some time now, investors of Griffin Realty Trust (formerly called Griffin Capital Essential Asset REIT) have been reporting significant investment losses. Matters weren’t helped much when in October 2021, this publicly registered non-traded real estate investment trust (non-traded REIT) announced it was suspending both its share redemption program and its distribution reinvestment plan. Then, in 2022 Griffin Realty Trust announced a “strategic monetization process” that included spinning off a newly public company while liquidating its remaining assets.

When Brokers Allegedly Unsuitably Recommend Non-Traded REITs To Investors

Our Broker-Dealer Negligence Lawyers Are Investigating Potential Pacific Oak Strategy Opportunity REIT Losses

Placing your trust in a broker to properly handle your funds is a big decision. You are relying on a financial professional to take care of your money and invest your assets wisely. Unfortunately, there are stockbrokers that will unsuitably recommend investments that are too risky for a client and when this happens serious investment losses can result.

Why KBS Growth & Income REIT Investors May Want To Speak With A Savvy Non-Traded Real Estate Investment Trust Loss Lawyer

KBS REIT Discloses Liquidation Plans

If you sustained losses in KBS Growth & Income REIT, Shepherd Smith Edwards and Kantas (investorlawyers.com) can help you determine whether you have grounds for a broker negligence lawsuit. On February 13, 2023, this non-traded real estate investment trust (non-traded REIT), which is believed to have raised about $94M in common stock proceeds during its offering period from 2015 to 2019, reportedly submitted a preliminary proxy statement that included a liquidation plan.

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