Investigating Potential Claims Involving Strategic Realty Trust
Have you suffered investment losses in Strategic Realty Trust (SRT)? 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.
Strategic Realty Trust, formerly known as TNP Strategic Retail Trust, Inc., is a non-traded real estate investment trust which owns a portfolio of shopping centers that are anchored by such grocers as Publix, Kroger, and Wal-Mart.
Unfortunately for investors, Central Trade and Transfer, a secondary market for private placements is currently listing shares of Strategic Realty Trust for just $4.51/share. This represents a significant loss on their capital investment of $10.00/share.
The White Law Group is investigating potential claims against the broker dealers that sold high risk investments, like Strategic Realty Trust, onto unsuspecting investors. Many investors are not fully aware of the problems and risks associated with these investments before purchasing them.
Are Non-Traded REITs suitable for you?
Real estate investment trusts (REITs) are complex and inherently risky products. Compared to traditional investments, such as stocks, bonds and mutual funds, REITs are significantly more complex and often better suited for sophisticated and institutional investors.
A problem often associated with REIT recommendations is the high sales commissions brokers typically earn for selling REITs – as high as 15%. Brokers have an obligation to make investment recommendations that are consistent with their clients risk tolerance, net worth, investment objectives and experience in the market. Unfortunately, in many cases, the high sales commission may provide some brokers with enough incentive to make unsuitable investment recommendations.
In addition to the high risks, non-traded REITs, like Strategic Realty Trust often lack liquidity. Investors looking to sell these investments often have difficulty finding a buyer, and if they are able to find one can suffer significant losses on the sale.
Broker dealers that fail to adequately disclose risks or make unsuitable investment recommendations can be held liable for investment losses in a FINRA arbitration claim.
If you have invested in Strategic Realty Trust 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. To learn more about The White Law Group visit www.whitesecuritieslaw.com.