Tender Offer – Northstar Healthcare Income Inc. – $3.39/Share
Are you concerned about your Northstar Healthcare Income Inc. losses? If so, the securities 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.
Yesterday MacKenzie Realty Capital, Inc. extended a tender offer to purchase shares of Northstar Healthcare Income for just $3.39/share.
According to the offer from Mackenzie, “NorthStar has an infinite life, and it has not said when it might liquidate….NorthStar only redeemed 1 million shares as of March 31, 2018. However, it announced that it has over $12 million in unfulfilled repurchase requests!”
Further, the follow-on offering price was $10.20/share., while the most recent net asset value of $8.50 is over a 16% drop in value.
Northstar Healthcare Income Inc. Losses – High risk, non-traded REIT
The White Law Group is continuing our investigation in regards to the liability that some broker dealers may have for unsuitably recommending Northstar Healthcare Income Inc. to investors. It may be possible to recover your Northstar Healthcare Income Inc. losses through FINRA Arbitration.
Non-traded REITs are generally speculative, high risk investments and due to these risks are often unsuitable for most investors.
Investors looking to sell non-traded REITs, like Northstar Healthcare Income Inc., often have difficulty finding a buyer, and can suffer significant losses on the sale.
If you are concerned about your investment in Northstar Healthcare Income Inc. or another non-traded REIT and would like to discuss your recovery options, please call the securities attorneys of The White Law Group at (888) 637-5510 for a free, no risk 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.
FINRA provides an arbitration forum for investors to resolve disputes. The White Law Group represents investors in FINRA arbitration claims throughout the country. Visit the firm’s homepage to learn more about the firm’s representation of investors.