Recovery of Investment losses in Sterling Pointe Apartment Associates LLC
Are you concerned about investment losses in Sterling Pointe Apartment Associates LLC? If so, the attorneys at The White Law Group may be able to help you recover your losses by filing a FINRA Arbitration claim against the brokerage firm that sold you the investment.
American Capital Group TIC investments
American Capital Group (ACG) is a vertically integrated, full service real estate company, according to their website. Established in 1986 and located in Bellevue, Washington, ACG specializes in commercial properties. They developed and built 79 properties totaling approximately 11 Million square feet in 10 western states.
According to its Form D SEC filing, American Capital Group raised capital for several offerings including Sterling Pointe Apartment Associates LLC. American Capital Group applied for a Form D Notice of Sale of Securities which was then offered and sold by certain FINRA registered broker-dealers.
Sterling Pointe Apartment Associates LLC is a TIC. A Tenancy-in-Common investment (also known as a TIC) is defined as a tenancy in which two or more parties share ownership of property but have no right to each other’s interest (as upon the death of another tenant).
It’s important to understand the potential risks, costs, and advantages of a Tenancy-in-Common before investing. Generally offered as a 1031 exchange tax deferral, financial professionals often misrepresent the risks and benefits of these investments. Moreover, the investments (due to the attractiveness of the income offered by the investments) are often marketed to conservative and retired investors.
Is a Tenancy-in-Common investment suitable for you?
The financial advisor should ensure that the investment that is being recommended is suitable for their clients. Liquidity needs, time horizon, risk tolerance, age, income, are just a few categories an advisor should take into account prior to recommending any investment. The brokerage firm must ensure that due diligence was completed at every level of each investment.
Recovery of Investment Losses
If you have suffered losses as a result of a financial advisor’s misleading representations of Sterling Pointe Apartment Associates LLC, or another American Capital Group TIC, the securities attorneys of The White Law Group may be able to help you recover the investment losses through FINRA arbitration.
For a free consultation with a securities attorney, please call 888-637-5510.
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 and its representation of investors in FINRA arbitration claims, visit http://www.whitesecuritieslaw.com.