{"id":31921,"date":"2026-08-27T21:20:44","date_gmt":"2026-08-28T02:20:44","guid":{"rendered":"https:\/\/www.investorlawyers.com\/blog\/?p=31921"},"modified":"2026-08-27T21:20:44","modified_gmt":"2026-08-28T02:20:44","slug":"non-traded-reit-investor-lawyers","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/non-traded-reit-investor-lawyers\/","title":{"rendered":"California Retirees Files Six-Figure REIT Loss Lawsuit Against Independent Financial Group"},"content":{"rendered":"<h1>Claimants Allege Broker Unsuitably Recommended Moody National REIT II and Strategic Student and Senior Housing Trust<\/h1>\n<p style=\"text-align: center;\"><em><span class=\"citation-87 citation-end-87\">Shepherd Smith Edwards and Kantas Non-Traded REIT Investor Lawyers are representing a California retiree couple in a FINRA arbitration lawsuit against Independent Financial Group, seeking up to $500,000 for losses in illiquid, high-risk non-traded REITs.<\/span> <span class=\"citation-86 citation-end-86\">The retirees allege that advisor Peter Shen unsuitably recommended and overconcentrated their portfolio in Moody National REIT II and Strategic Student and Senior Housing Trust despite their low-risk preferences.<\/span> <\/em><\/p>\n<p>In FINRA arbitration, Shepherd Smith Edwards and Kantas Non-Traded REIT Investor Lawyers (<a href=\"https:\/\/www.investorlawyers.com\/\">investorlawyers.com<\/a>)\u00a0\u00a0are representing two California investors who are suing Independent Financial Group for up to $500,000 in damages. The Claimants are a retiree couple who entrusted the broker-dealer and financial advisor Peter Shen to take care of their assets. Instead, they contend, the Respondents went on to\u00a0\u00a0give them bad investment advice and involve them in non-traded real estate investment trusts (non-traded REITs) <a href=\"https:\/\/www.investorlawyers.com\/moody-national-reit-ii.html\">Moody National REIT II<\/a>\u00a0and Strategic Student and Senior Housing Trust<strong>.<\/strong><\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.investorlawyers.com\/blog\/non-traded-reit-investor-lawyers\/\"  title=\"Continue Reading California Retirees Files Six-Figure REIT Loss Lawsuit Against Independent Financial Group\" class=\"more-link\">Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Claimants Allege Broker Unsuitably Recommended Moody National REIT II and Strategic Student and Senior Housing Trust Shepherd Smith Edwards and Kantas Non-Traded REIT Investor Lawyers are representing a California retiree couple in a FINRA arbitration lawsuit against Independent Financial Group, seeking up to $500,000 for losses in illiquid, high-risk non-traded REITs. The retirees allege that [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":31922,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3762,4055,5509],"tags":[5510],"class_list":["post-31921","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-investigations","category-featured-investigation","category-non-traded-reit-investor-lawyers","tag-non-traded-reit-investor-lawyers"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Non-Traded REIT Investor Lawyers<\/title>\n<meta name=\"description\" content=\"Our non-traded REIT investor lawyers represent California retirees suing Independent Financial Group for six-figure REIT losses. Call for a free review.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.investorlawyers.com\/blog\/non-traded-reit-investor-lawyers\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Non-Traded REIT Investor Lawyers\" \/>\n<meta name=\"twitter:description\" content=\"Our non-traded REIT investor lawyers represent California retirees suing Independent Financial Group for six-figure REIT losses. Call for a free review.\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2026\/08\/Non-Traded-REIT-Investor-Lawyers.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shepherd Smith Edwards &amp; Kantas, LLP\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Non-Traded REIT Investor Lawyers","description":"Our non-traded REIT investor lawyers represent California retirees suing Independent Financial Group for six-figure REIT losses. Call for a free review.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.investorlawyers.com\/blog\/non-traded-reit-investor-lawyers\/","twitter_card":"summary_large_image","twitter_title":"Non-Traded REIT Investor Lawyers","twitter_description":"Our non-traded REIT investor lawyers represent California retirees suing Independent Financial Group for six-figure REIT losses. Call for a free review.","twitter_image":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2026\/08\/Non-Traded-REIT-Investor-Lawyers.jpg","twitter_misc":{"Written by":"Shepherd Smith Edwards &amp; Kantas, LLP","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.investorlawyers.com\/blog\/non-traded-reit-investor-lawyers\/#article","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/non-traded-reit-investor-lawyers\/"},"author":{"name":"Shepherd Smith Edwards &amp; Kantas, LLP","@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"headline":"California Retirees Files Six-Figure REIT Loss Lawsuit Against Independent Financial Group","datePublished":"2026-08-28T02:20:44+00:00","mainEntityOfPage":{"@id":"https:\/\/www.investorlawyers.com\/blog\/non-traded-reit-investor-lawyers\/"},"wordCount":530,"image":{"@id":"https:\/\/www.investorlawyers.com\/blog\/non-traded-reit-investor-lawyers\/#primaryimage"},"thumbnailUrl":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2026\/08\/Non-Traded-REIT-Investor-Lawyers.jpg","keywords":["Non-Traded REIT Investor Lawyers"],"articleSection":["Current Investigations","Featured Investigation","Non-Traded REIT Investor Lawyers"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.investorlawyers.com\/blog\/non-traded-reit-investor-lawyers\/","url":"https:\/\/www.investorlawyers.com\/blog\/non-traded-reit-investor-lawyers\/","name":"Non-Traded REIT Investor Lawyers","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.investorlawyers.com\/blog\/non-traded-reit-investor-lawyers\/#primaryimage"},"image":{"@id":"https:\/\/www.investorlawyers.com\/blog\/non-traded-reit-investor-lawyers\/#primaryimage"},"thumbnailUrl":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2026\/08\/Non-Traded-REIT-Investor-Lawyers.jpg","datePublished":"2026-08-28T02:20:44+00:00","author":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"description":"Our non-traded REIT investor lawyers represent California retirees suing Independent Financial Group for six-figure REIT losses. 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