Articles Tagged with Non-Traded REIT Fraud Attorneys

Shepherd Smith Edwards and Kantas Is Continuing To Investigate Watermark Lodging Trust REIT Losses. Our Non-Traded REIT Fraud Attorneys Are Helping Investors Evaluate What Happened

Shepherd Smith Edwards and Kantas (investorlawyers.com) is offering free, no obligation, initial case consultations to those who lost money in Watermark Lodging Trust. Formerly known as Carey Watermark REITs (real estate investment trusts), this non-traded REIT has caused investors, particularly those who originally paid $10/share, significant losses now that there has been a huge drop in value, possibly as high as 60% to even 70%. Unfortunately, the options for reselling them, like many non-traded REITs, are very limited.

Always a high-risk investment, Watermark Lodging Trust charged high commissions of 10% or greater especially in its previous iterations of Carey Watermark Investors 1 and Carey Watermark Investors 2 prior to their merger to become this Watermark REIT. Dealer-manager fees and other offering costs were also charged, which meant that, allegedly, less than about 87% of an investor’s money was actually put into the non-traded REIT.

I’m A Retiree Who Lost Money After My Broker Placed My Savings In Non-Traded REITs. What Should I Do?

Our Non-Traded Real Estate Investment Trust Attorneys Represent Retail Investors, Including Seniors and Retirees

Shepherd Smith Edwards and Kantas represent investors from all walks of life who sustained significant portfolio losses due to the bad advice or misconduct of their financial advisors. Over the years, we have helped thousands of clients, including retirees and senior investors, to collectively recover many millions of dollars from their broker-dealers and investment advisers in arbitration, mediation, or litigation.