Real Estate Investment Fraud

REIT Investor Loss Attorneys

Published on: May 30, 2023 | by Shepherd Smith Edwards & Kantas, LLP

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.

REIT Loss Lawyers

Published on: March 16, 2023 | by Shepherd Smith Edwards & Kantas, LLP

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.

REIT Broker-Dealer Negligence Lawyers

Published on: March 12, 2023 | by Shepherd Smith Edwards & Kantas, LLP

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.

REIT Loss Lawyer

Published on: February 28, 2023 | by Shepherd Smith Edwards & Kantas, LLP

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.

REIT Lawyers

Published on: February 7, 2023 | by Shepherd Smith Edwards & Kantas, LLP

Do You Need Skilled REIT Lawyers To Investigate Your Investor Losses?

Blackstone Blocks Withdrawals From $69B Real Estate Investment Trust

Blackstone Inc. has announced that in January 2023, Blackstone Real Estate Income Trust (BREIT) reached its monthly redemption limit when it fulfilled about $1.3B of repurchase requests. This is about 2% of the fund’s net asset value (NAV) and around 25% of the approximately $5.3B of withdrawal requests that were received for the month.

Trusted REIT Investor Loss Attorneys

Published on: February 5, 2023 | by Shepherd Smith Edwards & Kantas, LLP

Blackstone REIT and Starwood REIT Investor Losses

Should You Sue Your Brokerage Firm Over Your Non-Traded Real Estate Investment Trust Losses?

If you are a Starwood REIT (SREIT) or a Blackstone REIT (BREIT), you may have suffered significant losses and need to contact Trusted REIT Investor Loss Attorneys. Both non-traded real estate investment trusts (non-traded REITs) suspended redemptions to investors in early December 2022. They made this move in the wake of growing requests for investor withdrawals.

Non-Traded REIT Lawyers

Published on: January 25, 2023 | by Shepherd Smith Edwards & Kantas, LLP

Did You Suffer Hartman vREIT XXI Investor Losses?

You May Want To Speak With Our Knowledgeable Non-Traded REIT Lawyers

Shepherd Smith Edwards and Kantas (investorlawyers.com) represent investors who may have been unsuitably recommended Hartman vREIT XXI by their financial advisor. Like many non-traded real estate investment trusts (non-traded REITs), Hartman vREIT XXI is risky and complex and may not be an appropriate investment for many investors, including conservative retail investors and elderly retirees.

REIT Investor Loss Attorneys

Published on: January 17, 2023 | by Shepherd Smith Edwards & Kantas, LLP

Private REITs Can be Risky Even for Accredited Investors

Blackstone Real Estate Income Trust Limits Withdrawals As Some Investors Flee

As more investors of Blackstone Real Estate Income Trust (BREIT) have been making withdrawal requests, the private real estate investment trust (private REIT) announced it would limit redemption requests. Blackstone Inc.’s stock reportedly dropped up to 10% in the wake of the news.

Parking REIT Investors May Be Able to File FINRA Lawsuits

Published on: December 1, 2022 | by Shepherd Smith Edwards & Kantas, LLP

Many Appear To Have Lost Over 50% of Their Investment in Alleged Non-Traded REIT Scam

Our non-traded real estate investment trust (non-traded REIT) investor losses attorneys are investigating The Parking REIT (now called Mobile Infrastructure Corp.) for possible investment fraud. If you are a The Parking REIT investor who would like to explore your legal options, contact Shepherd Smith Edwards and Kantas (investorlawyers.com) today.

The name change to Mobile Infrastructure Corp. occurred in late 2021. The Parking REIT is no longer a real estate investment trust nor does it have to distribute funds to stockholders any longer.

SSEK Law Firm Investigates National Realty Investment Advisors Over Alleged $630M Investor Fraud

Published on: July 4, 2022 | by Shepherd Smith Edwards & Kantas, LLP

New Jersey Accuses Real Estate Development Company of Defrauding 1,800 Investors

Shepherd Smith Edwards and Kantas (SSEK Law Firm at investorlawyers.com) is investigating claims of losses by 1,800 investors. These investors may have been fraudulently sold at least $630M in securities by National Realty Investment Advisors (NRIA) between 2018 and 2022. The New Jersey-based real estate development company filed for Chapter 11 bankruptcy protection on June 8, 2022.

An affidavit filed in US bankruptcy court notes about $600M in claims against approximately $300M of assets. On June 21, 2022, the New Jersey Bureau of Securities ordered NRIA to stop operations and accused the company of fraudulent investment sales. Investors were purportedly fraudulently sold units in the NRIA Fund. The minimum investment that investors could make was $100K.