Investigating Potential Claims involving CNL Lifestyle Properties

Did you lose money investing in CNL Lifestyle Properties at the recommendation of your broker? If so, The White Law Group may be able to help you recovery your losses by filing a FINRA arbitration claim against the brokerage firm that sold you the investment.

CNL Lifestyle Properties is a real estate investment trust (REIT) that invests in income-producing properties with a focus on lifestyle-related industries, according to their website. The REIT, which focuses on lifestyle-related industries, went effective in April 2004 and raised $2.9 billion in investor equity in multiple offerings before closing in April 2011.

The Company acquires properties and leases them on a long-term, triple-net lease basis or engages qualified third-party managers to operate properties on its behalf. CNL Lifestyle Properties invests in properties with the potential for long-term revenue generation and appreciation based on demographic trends, associated concentrations of wealth and other proprietary underwriting models.

Unfortunately for investors, REIT Bid, a secondary market for non-traded REITs, is listing shares of CNL Lifestyle Properties for just $3.05 per share. That’s significantly less than the original purchase price of $10.00 per share.

The White Law Group has handled a number of claims involving non-traded real estate investment trusts (REITs) like CNL Lifestyle Properties.

The Trouble with Non-traded REITs

The trouble with non-traded REITs, like CNL Lifestyle Properties, is that they are complex and inherently risky products.

Broker dealers are required to inform clients of the risks associated with investment recommendations. They must ensure that those recommendations are suitable for the investor in light of the investor’s age, risk tolerance, net worth, and investment experience. Firms that fail to do so may be held responsible for any losses.

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.

Free Consultation

If you suffered losses investing in CNL Lifestyle Properties or another non-traded REIT and would like to discuss your litigation options with a securities attorney, 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 Franklin, Tennessee.

For more information on The White Law Group and its investigations, visit www.whitesecuritieslaw.com.