Carey Watermark Investors Inc. Investigation
Are you concerned about your investment in Carey Watermark Investors Inc.? If so, the securities attorneys at The White Law Group may be able to help you by filing a FINRA Arbitration claim against the brokerage firm that sold you the investment.
According to filing with the SEC, Everest REIT Investors I LLC, a private real estate investment firm, has launched a tender offer to purchase shares of Carey Watermark Investors Inc., a publicly registered non-traded real estate investment trust managed by W.P. Carey Inc. The offer expires on March 29, 2019.
Everest is offering to purchase up to 7.02 million shares of common stock, or roughly 5 percent of the outstanding shares, for $7.50 per share. Carey Watermark shares originally sold for $10.00 each and have an estimated net asset value of $10.41 as of December 31, 2017.
Investigating Potential Lawsuits
Non-traded REITs are generally speculative, high risk investments and due to these risks are often unsuitable for most investors.
Investors looking to sell non-traded REITs, like Carey Watermark Investors Inc., often have difficulty finding a buyer, and can suffer significant losses on the sale.
If you are concerned about your investment in Carey Watermark Investors Inc. or another non-traded REIT and would like to discuss your recovery options, please call the securities attorneys of The White Law Group at (888) 637-5510 for a free, no risk consultation.
The White Law Group is a national securities fraud, securities arbitration, and investor protection law firm with offices in Chicago, Illinois and Vero Beach, Florida.
FINRA provides an arbitration forum for investors to resolve disputes. The White Law Group represents investors in FINRA arbitration claims throughout the country. Visit the firm’s homepage to learn more about the firm’s representation of investors.