Investigating Potential Claims involving Cole Advisor Retail Income REIT
Did you lose money investing in Cole Advisor Retail Income REIT? If so, 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.
Cole Advisor Retail Income REIT changed its name to Cole Credit Property Trust IV. According to their website, Cole Credit Property Trust IV, Inc. (“CCPT IV”) is a public, non-listed REIT that intends to invest in income-producing necessity retail commercial real estate primarily leased to creditworthy tenants under long-term, net leases. Cole Capital defines necessity retail properties as those that provide goods and services that consumers need on a daily basis.
The White Law Group is currently representing many non-traded REIT investors in claims against the brokerage firms that recommended products like Cole Advisor Retail Income REIT.
These claims result when broker-dealers fail to perform adequate due diligence on the REITs before offering them for sale to their clients. Additionally the brokerage firms often fail to determine whether the investments were appropriate in light of their clients’ age, investment, experience, net worth, and tolerance for risk.
Risks involving non-traded REITs
A real estate investment trust (REIT) is a company that owns, and in most cases, operates income-producing real estate. REITs own many types of commercial real estate, ranging from office and apartment buildings to warehouses, hospitals, shopping centers, hotels and even timberlands. Some REITs also engage in financing real estate. The REIT structure was designed to provide a real estate investment structure similar to the structure mutual funds provide for investment in stocks.
Non-traded REITs are generally a high risk investment, but financial advisor often sell them as low-risk, conservative investments.
If you are concerned about your non-traded REIT investments, such as Cole Advisor Retail Income REIT, please call the securities attorneys of The White Law Group at (888) 637-5510 for a free consultation.
The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Vero Beach, Florida.
For more information on The White Law Group, visit http://www.whitesecuritieslaw.com.