Lodging Fund REIT III Investors Haven’t Received Payout In Nearly Two Years

Published on: July 21, 2026 | by Shepherd Smith Edwards & Kantas, LLP

Now Is The Time To Explore Your Legal Options

Investors in Lodging Fund REIT III face growing concerns as the non-traded real estate investment trust has failed to pay distributions to common stockholders for nearly two years amidst late SEC filings and asset sales at a loss. The law firm Shepherd Smith Edwards and Kantas is offering free consultations to evaluate whether broker-dealers unsuitably recommended this illiquid investment to clients.

Next month, it will be two years since Lodging Fund REIT III paid a distribution to common stockholders. According to CFO Sam Montgomery, who spoke with AltsWire in May, this is supposedly a matter of prudent capital management. However, for investors of this hotel real estate investment trust (REIT), there may be cause for concern.

Are You An Investor Who Suffered Losses in Lodging Fund REIT III?

Published on: May 28, 2026 | by Shepherd Smith Edwards & Kantas, LLP

Shepherd Smith Edwards and Kantas Wants To Talk To You

The law firm Shepherd Smith Edwards and Kantas is offering free case assessments to investors who suffered financial losses in Lodging Fund REIT III. The firm is investigating potential broker misconduct, fraud, and negligence related to the non-traded real estate investment trust, which has faced past SEC charges and risks like illiquidity.

Nearly three years after Lodging Fund REIT III’s CEO and advisor Legendary Capital REIT III paid over $4.7 million to resolve US Securities and Exchange Commission (SEC) charges accusing them of directing the non-traded real estate investment trust (non-traded REIT) to improperly pay back overhead costs, Shepherd Smith Edwards and Kantas (investorlawyers.com) is continuing to speak with investors who suffered losses.

Brokers May Have Unsuitably Recommended Lodging Fund REIT III

Published on: May 7, 2021 | by Shepherd Smith Edwards & Kantas, LLP

SEC Looks at Reimbursements Made to Legendary Capital REIT III

If your financial advisor recommended that you invest in Lodging Fund REIT III and you suffered losses, you may have grounds for a broker fraud claim to recover damages.

The publicly registered non-traded real estate investment trust (REIT) disclosed in a recent filing with the US Securities and Exchange Commission (SEC) that since December 2020 the latter has been looking into certain reimbursements made to Legendary Capital REIT III, LLC, as well as at disclosures involving reimbursement procedures and policies.