September 10, 2019 Comments (0) Current Investigations

CNL Healthcare Properties – Third Party Tender Offer

CNL Healthcare Properties - Third Party Tender Offer - $5.25/Share, featured by Top Securities Fraud Attorneys, The White Law Group

Concerned about investment losses in CNL Healthcare Properties?

Have you suffered losses investing in CNL Healthcare Properties? If so, the securities attorneys at The White Law Group may be able to help you to recover your losses by filing a FINRA Arbitration claim against the brokerage firm that sold you the investment.

According to its website, CNL Healthcare Properties is a non-traded real estate investment trust (REIT) that “seeks to provide income and growth with a strategic focus on the seniors housing and healthcare sectors.”

On August 26, 2019, Mackenzie Realty Capital, LLC extended an offer to purchase shares of common stock in the REIT at a purchase price equal to $5.25 per Share.

The original offering price was $10 per share. As of December 31, 2018, the company’s estimated Per Share Net Asset Value is $7.99 per share.

Aside from a special distribution made to investors in May, there reportedly have been no announced liquidity plans. The company reportedly “suspended its stock redemption plan indefinitely in July 2018 when it began to consider strategic alternatives,” according to Mackenzie’s offer letter.

The Trouble with Non-Traded REITs

Compared to traditional investments, such as stocks, bonds and mutual funds, non-traded REITS, like CNL Healthcare Properties, 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 to these investors.

Broker dealers are required to perform adequate due diligence on any investment they recommend. They must 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 invested in CNL Healthcare Properties 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 Franklin, Tennessee.

For more information on The White Law Group, please visit www.whitesecuritieslaw.com.

 

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