Are you concerned about your investment losses in Uniprop Manufactured Housing Communities Income Fund II? If so, the securities attorneys of The White Law Group may be able to help you recover your losses by filing a FINRA Dispute Resolution claim against the brokerage firm that sold you the investment.
Uniprop Manufactured Housing Communities Income Fund II, a limited partnership, acquires, maintains, and operates residential real properties in the United States. Its portfolio consists of manufactured housing communities in Sunshine Village and West Valley, according to Bloomberg.
Uniprop Manufactured Housing Communities Income Fund II was founded in 1986 and is headquartered in Birmingham, Michigan.
Compared to traditional investments, such as stocks, bonds and mutual funds, limited partnerships, like Uniprop, are considerably more complex and involve a high degree of risk. Unfortunately many investors were not made adequately aware of the risks and liquidity problems associated with limited partnerships.
Lack of liquidity is often problematic for many investors. Investors looking to sell often have difficulty finding a buyer, and can suffer significant losses on the sale.
LPSales.com, a secondary market for non-traded investments, offered just $7.70 per unit in December 2016 for shares of UniProp Manufactured Housing Communities Income Fund II. Unfortunately for many investors, this would be a significant loss on their capital investment of $20.00 per share.
The White Law Group has represented numerous investors in claims against the brokerage firm that made unsuitable recommendations to invest in real estate limited partnerships like Uniprop.
Broker dealers are required to perform adequate due diligence on any investment they recommend and to 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. For more on the investigation see, Uniprop Manufactured Housing Communities Income Fund II Tender Offer.
If you have invested in Uniprop Manufactured Housing Communities Income Fund II and would like to speak to a securities attorney about the potential to recover your investment losses, please call 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.