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REIT Loss Lawyers
Our Moody National REIT Loss Lawyers Are Continuing To Investigate Investor Losses. Contact the Shepherd Smith Edwards and Kantas REIT Loss Lawyers Today
If you sustained serious Moody National REIT II losses, Shepherd Smith Edwards and Kantas REIT Loss Lawyers (investorlawyers.com) wants to talk to you. Our non-traded real estate investment trust (non-traded REIT) law firm is representing investors against the broker-dealers that sold this high-risk product to customers.
Moody National REIT II is a publicly registered non-traded real estate investment trust that is primarily involved in hospitality assets, including hotels from known brands, such as Hilton, Marriott, and others.
It has come under scrutiny in the wake of various problems, including a share price that dropped during the COVID-19 pandemic, its revenue went from $85M in 2019 to $39.4M in 2020, a suspended share redemption program, a delay in the filing of key financials, a drop in NAV/share value, a tender offer made last year that indicated investor losses, and more.
Moody National REIT II recently sold the Nashville Embassy Suites at Vanderbilt at a loss of millions of dollars. It announced the sales of Residence Inn Austin and Residence Inn Grapevine, also at a loss.
Representing Moody National REIT II Investors
Moody National REIT II is an illiquid, risky, and complex investment that should only have been marketed to experienced investors. Instead, Shepherd Smith Edwards and Kantas REIT Loss Lawyers have learned that even retail investors and retirees were marketed and sold this investment by their broker.
This includes a California octogenarian that we are representing in her Moody National REIT II loss case against Centaurus Financial for up to $500K in damages. Our client is alleging unsuitability, breach of contract, supervisory failures, misrepresentations and omissions, breach of fiduciary duty, and more.
What Should You Do If You Suffered Moody National REIT II Losses?
Contact us today to request your free, no-obligation case consultation. We can help you explore your legal options and assess whether you have grounds for a claim against your financial advisor and/or the broker-dealer.
Our REIT Loss Lawyers know how to maximize an investor’s chances for a full recovery. We have decades of experience fighting for clients in arbitration, litigation, mediation, and negotiation.
When you work with us, know that you are availing of over 100 years of combined experience in securities law and the securities industry. Our REIT loss lawyers are highly knowledgeable and committed to providing each investor with customized securities representation and personalized attention.
You want to work with a trusted securities fraud law firm that understands not just why many of these investments failed, but also the role that broker-dealers play in unnecessarily exposing clients to this often too risky real estate product.
Many nontraded REITs are unsuitably recommended to retirees and unsophisticated investors who never had the risk tolerance for this to be a good fit.
Often, brokers and their firms earn high commissions from the transactions, which we believe is a motivation for financial advisors to sell this investment as opposed to looking out for a customer’s best interests. We are known for helping many of our clients to secure full or partial financial recovery through our dedicated efforts.
Call (800) 259-9010 or fill out this contact form.