What Are Non-Traded REITs and Private REITs?
Video Summary: Partner Kirk Smith explains why a private or non-traded REIT is likely not suitable for your portfolio.
Are you an investor and have suffered financial losses through investments in illiquid non-traded REITs. Did a broker or financial advisor recommend these as a safe alternative? If so, you'll want to see this video. In this presentation, we're going to cover your options. If you were lied to by financial advisor or stockbroker regarding the safety of these private illiquid REIT investments.
If you want my help, go to investor lawyer.com or call 800-259-9010 for free consultation. We have dozens of cases against financial advisory firms and brokerage firms for recommending these illiquid non-traded REITs or real estate investment trusts. So here are the three important concepts behind your litigation process it was helpful for you to understand how to recover your non-traded REIT losses from the firm that recommended to you.
Number one, this is important. We are suing the advisory or brokerage firm, not the REIT itself. They're the ones responsible for the misrepresentation and importantly the omissions. They were required to make suitable recommendations and nontrated REITs are not suitable for most portfolios.
Two - you can sell your non-traded REITs to a third party or continue to hold them. Whatever eventually happens with these products will happen and you will get whatever benefit is afforded to the holders regardless if you sue the advisory firm or not. We do not charge any fees on what the REITs eventually return to you or what you sell them for.
I repeat. We do not charge any fee on what you get back from the REITs, or what these REITs eventually return to you if you sell them.
Three - our services are free of charge. If we recover nothing, you're only claim is against the brokerage firm. We work on a contingency basis and your claim is against that firm that gave you the unsuitable advice. Chances are you're in other illiquid securities and we can help you with those two. Many investors who first contact us fear that our fee is based on their REIT principle. It's not, it's based on what we get for you from the entity that made the unsuitable recommendation. Call an attorney who is focused on the representation of consumers against brokerage firms or advisory firms.
Just like the firm of Shepherd, Smith, Edwards & Kantas. If you found this information helpful and want my help, go to investorlawyers.com or call 800-259-9010 for a free no obligation consultation. Now, thank you for watching this. If you found this helpful, please forward to a friend or a loved one.