Behringer Harvard Opportunity REIT II changes name to Lightstone Value Plus Real Estate Investment Trust V Inc.
Did you lose money investing in Behringer Harvard Opportunity REIT II at the recommendation of your broker? If so, the securities attorneys of 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.
Behringer Harvard Opportunity REIT II went effective in January 2008 and closed in March 2012 after raising $265 million in investor equity. The company’s portfolio is comprised of eight properties with a total investment cost of $229.2 million, according to Summit Investment Research.
Behringer Harvard Opportunity REIT II Inc. has changed its name to Lightstone Value Plus Real Estate Investment Trust V Inc., according to recent SEC filings.
The company replaced its current advisor and property manager with affiliates of Lightstone Group, a national real estate investor/developer and sponsor of non-traded REITs.
Non-traded REITs are Risky
Compared to traditional investments, such as stocks, bonds and mutual funds, non-traded REITS, such as Behringer Harvard Opportunity REIT II, 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 REITs.
The White Law Group has represented numerous investors in claims against the brokerage firm that recommended non-traded REITs such as Behringer Harvard Opportunity REIT II.
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.
If you have suffered losses investing in Behringer Harvard Opportunity REIT 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.