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Written by 4:36 pm Blog

First warning sign? MVP REIT II Declines Listing on the NASDAQ

According to SEC reports on June 28, 2016, MVP REIT, Inc. announced that, after consulting with Miami FL based investment banking firm Ladenburg Thalmann & Co. Inc., its board of directors would re-evaluate pursuing a listing on the NASDAQ Global Market, and consider other stockholder liquidity options.  No decision from the board of directors is anticipated regarding a listing or other liquidity options until 2017.

According to their website, MVP REIT II is a $500 million hybrid REIT offering which invests in commercial real estate and loans secured by real estate, primarily focusing on parking facilities, including lots, garages and other structures located throughout the United States and Canada.

Non-traded REITs, like MVP REIT II, are often complex and high risk investments that are really only suitable for sophisticated investors. It is the duty of the brokerage firm to perform due diligence on any investment and to ensure that the investment is suitable for a particular investor in light of that investor’s age, investment objectives, income, net worth, and investment experience. Given the current risk of devaluation of these REITs, such investments are likely only suitable for wealthy and/or sophisticated investors who can properly evaluate the risks of the investment and afford substantial losses.

If you have suffered losses investing with MVP REIT II, and would like a free consultation with a securities attorney, please call The White Law Group at  1-888-637-5510.

The White Law Group is a national securities arbitration, securities fraud, and investor protection law firm with offices in Chicago, Illinois and Vero Beach, Florida. For more information on The White Law Group, visit whitesecuritieslaw.com.

 

 

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