American Finance Trust – AFIN – Recovery of Investment Losses
Have you suffered losses investing in American Finance Trust, Inc. at the recommendation of your financial advisor? If so, the securities attorneys at The White Law Group may be able to help you to recover your losses through FINRA Arbitration.
American Finance Trust (AFIN) is a public, non-listed real estate investment trust formerly known American Realty Capital Trust V. As of December 31, 2017 AFIN real estate assets, at cost, comprised $3.5 billion. Its portfolio at the end of 2017 reportedly consisted of 540 single-tenant office, distribution and retail and multi-tenant retail and lifestyle center properties with an average weighted remaining lease term of 8.1 years. The REIT was formed on January 22, 2013 and is based in the United States.
Unfortunately for investors, Central Trade & Transfer, a secondary market for private placements, has recently sold shares of of American Finance Trust for just $16.25 per share. That’s significantly less than the original offering price of $25.00 per share.
Risks of Non-Traded REITs
The White Law Group continues to investigate potential claims involving broker dealers who may have unsuitably recommended American Finance Trust to investors. The firm continues to receive calls from investors who have lost money in high risk non-traded REITs such as AFIN.
Non-traded REITS, like American Finance Trust, are considerably more complex and involve a high degree of risk than traditional investments such as stocks and bonds. Unfortunately many investors were not made adequately aware of the risks and liquidity problems associated with REITs.
Broker dealers are required to perform adequate due diligence on any investment they recommend. They must ensure that all recommendations are suitable for the investor. Recommendations should be in line with the investor’s age, risk tolerance, net worth, and investment experience.
Broker dealers that fail to adequately disclose risks or make unsuitable investment recommendations can be held liable for investment losses through FINRA Arbitration.
FINRA operates the largest securities dispute resolution forum in the United States, and has extensive experience in providing a fair, efficient and effective venue to handle a securities-related dispute
If you suffered losses investing in American Finance Trust, the securities attorneys at The White Law Group may be able to help you. To speak to a securities attorney about the potential to recover your investment losses, please call the offices of The White Law Group at 1-888-637-5510 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 www.whitesecuritieslaw.com.