Articles Tagged with HIT REIT

Hospitality Investors Trust REIT Losses: Inexperienced Investor Entrusted Broker-Dealer With Life Savings

Our non-traded real estate investment trust (non-traded REIT) lawyers are representing a California retiree in her FINRA arbitration claim against NPB Financial Group. The claimant, an older widow with health issues,  suffered losses to her life savings in Hospitality Investors Trust  (HIT REIT). 

Her ex-NPB Financial broker, who had recommended this risky investment vehicle, has since been barred by FINRA. This bar was for the same reasons that the claimant decided to file her case. The investor is requesting up to six figures in damages from the brokerage firm. 

HIT REIT Investors Continue to Report Investment Losses

It is January 2022 and Shepherd Smith Edwards and Kantas (SSEK Law Firm at investorlawyers.com) continues to offer free, no-obligation case consultations to investors who suffered losses in Hospitality Investors Trust.

The non-traded real estate investment trust (non-traded REIT), also known as HIT REIT, is believed to have cost some investors losses of up to 95%. Our savvy securities attorneys are here to help determine whether you have grounds for a FINRA arbitration claim to pursue damages.

Non-Traded REIT Causes Investor Losses of Up To Over 95%  

Our non-traded real estate investment trust (non-traded REIT) lawyers are continuing to look into claims of losses by investors whose financial advisors marketed and sold shares in Hospitality Investors Trust (HIT REIT). This investment was previously named American Realty Capital Hospitality Trust (ARC Hospitality). Unfortunately, some may have lost up to 95% of their investment.  

Please call Shepherd Smith Edwards and Kantas (SSEK Law Firm at investorlawyers.com) at (800) 259-9010 and ask to schedule your free, no-obligation case assessment with one of our seasoned investment fraud lawyers. 

Non-Traded REIT Seeks To Restructure $1.3B in Unsecured Debt

If you are an investor whose broker recommended that you invest in Hospitality Investors Trust (HIT), you may have grounds for a Financial Industry Regulatory Authority (FINRA) arbitration claim to recover damages. 

Hospitality Investors Trust used to be called American Realty Capital Hospitality Trust (ARC Hospitality Trust). In May 2021, the publicly registered non-traded real estate investment trust (non-traded REIT) filed for Chapter 11 Bankruptcy protection as it seeks to restructure its $1.3B in unsecured debt. 

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