Concerned about investment losses in Lightstone Value Plus REIT?
Have you suffered investment losses in Lightstone Value Plus REIT? If so, The White Law Group may be able to help you recover your losses by filing a FINRA Dispute Resolution claim against the brokerage firm that sold you the investment.
Lightstone Value Plus Real Estate Investment Trust, Inc. operates as a real estate investment trust. The company engages in investing and owning commercial and residential real estate properties in the United States and Puerto Rico. The company was founded in 2004 and is based in Lakewood, New Jersey. Lightstone Value Plus Real Estate Investment Trust Inc. operates as a subsidiary of The Lightstone Group LLC, according to Bloomberg.
The Problem with Non-traded REITs
Non-traded REITs, like Lightstone, involve a much greater degree of risk compared to traditional investments, such as stocks, bonds or mutual funds. These types of investments are more complex, lack liquidity and therefore better suited for sophisticated and institutional investors.
Broker dealers are required to perform adequate due diligence on any investment they recommend and to ensure that all recommendations are suitable for the investor in light of the investor’s age, risk tolerance, net worth, and investment experience.
Investors looking to sell a REIT investment often have difficulty finding a buyer, and can suffer significant losses on the sale. Unfortunately, CFX Alternative Trading, a secondary market for private placements, is offering shares of Lightstone Value Plus REIT for just $7.25 per share. That’s significantly less than the original purchase price of $10.00 per share.
If a brokerage firm makes unsuitable investment recommendations or fails to adequately disclose the risks associated with an investment they may be liable for investment losses.
To determine whether you may be able to recover investment losses incurred as a result of your purchase of Lightstone Value Plus REIT, please contact 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. For more information on the firm, visit www.WhiteSecuritiesLaw.com.