October 18, 2017 Comments (0) Blog, Current Investigations

Cole Credit Property Trust IV | Securities Investigation

Cole Credit Property Trust IV Investigation, Featured by Top Securities Fraud Attorneys, The White Law Group

Cole Credit Property Trust IV Tender offer $5.80/Share

Did you lose money investing in Cole Credit Property Trust IV at the recommendation of your financial advisor? If so, 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.

Cole Credit Property Trust IV, Inc. (“CCPT IV”) is a public, non-listed REIT that invests in income-producing retail commercial real estate primarily leased to creditworthy tenants under long-term, net leases.

According to SEC filings, the board of CCPT IV approved an estimated net asset value of the company’s common stock of $10.08 per share, as of December 31, 2016.

Update on April 16, 2019 –  Net Asset Value Decreases Again

The board of CCPT IV  has approved an $8.65 per share net asset value of the company’s common stock as of December 31, 2018. The updated valuation will appear on stockholder’s first quarter 2019 account statements.

The board previously approved a per share NAV of $9.37 as of December 31, 2017, $10.08 as of December 31, 2016, $9.92 as of September 30, 2016, and $9.70 as of August 31, 2015.

Bad News for Investors – Updated on May 8, 2019

Mackenzie Realty Capital extended at tender offer to investors this week for just $5.80/share. This appears to be at a significant loss for investors since the original offering price was $10.00/share.

The White Law Group is currently representing many non-traded REIT investors in claims against the brokerage firms that recommended products like Cole Credit Property Trust IV.

These claims result when broker-dealers fail to perform adequate due diligence on the REITs before offering them for sale to their clients. Often the brokerage firms fail to determine whether the investments were appropriate in light of their clients’ age, investment, experience, net worth, and tolerance for risk.

The Problem with Non-traded REITs

A real estate investment trust (REIT) is a company that owns, and in most cases, operates income-producing real estate. REITs own many types of commercial real estate, ranging from office and apartment buildings to warehouses, hospitals, shopping centers, hotels and even timberlands. Some REITs also engage in financing real estate. The REIT structure was designed to provide a real estate investment structure similar to the structure mutual funds provide for investment in stocks.

Non-traded REITs are generally high risk investment, but financial advisor often sell them as low-risk, conservative investments.

If you have suffered losses in your non-traded REIT investments, such as Cole Credit Properties Trust IV, The White Law Group may be able to help you. Please call (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 https://www.whitesecuritieslaw.com.

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