November 6, 2016 Comments (0) Blog, Current Investigations, Publications

UDF III Investment Losses

United Development Funding III
(Last Updated On: March 21, 2017)

Have you suffered losses investing in UDF III?

Are you concerned about your losses investing in United Development Fund III (UDF III)? If so, The White Law Group may be able to help by filing a FINRA arbitration claim against the brokerage firm that sold you the investment.

United Development Funding III LP operates as a real estate investment firm for institutional investors. The Company’s investment strategy if based on financing and acquiring land for median-priced residential homes, according to Bloomberg.

According to their website, UDF III is committed to offering innovative, forward-thinking solutions with the goal of:

-Providing attractive income with immediate cash flow

-Preserving, protecting and returning capital contributions

-Delivering earnings stability through monthly distributions

UDF III also states the following Risk Factors:

– absence of a public market for these securities

-lack of an operating history,

-absence of loans identified for acquisition,

-limited transferability and lack of liquidity,

-possibility of substantial delay before distributions are made,

-reliance on the fund’s general partner,

– payment of significant fees to the general partner and its affiliates,

-potential conflicts of interest,

-lack of diversification in mortgage loans until significant funds have been raised

The White Law Group has handled a number of claims involving UDF investments. A secondary market for private placements, LP Sales, continues to sell shares of UDF III in October for just $3.50 per share. This is at a significant loss to investors.

Recovery of Investment Losses

If you suffered losses investing in UDF III and would like to discuss your litigation options, please call the securities attorneys of The White Law Group at (888) 637-5510 for a free consultation.

The White Law Group is a national securities fraud, securities arbitration, and investor protection law firm with offices in Chicago, Illinois and Vero Beach, Florida. The firm represents investors in FINRA arbitration claims throughout the country. Visit the firm’s homepage to learn more about the firm’s representation of investors.