Lightstone Value Plus REIT II – Investors may have claims.
If your financial advisor unsuitably recommended investing in Lightstone Value Plus REIT II, and you incurred losses, you may be able to recover your losses by filing a FINRA Arbitration claim.
Lightstone Value Plus REIT II, a non-traded real estate investment trust (REIT) is managed by a majority-owned subsidiary of The Lightstone Group. The REIT primary objective is capital appreciation, while the secondary objective is income, according to its website.
Liquidity Problems – Secondary Sales Price -$7.25/Share
Investors looking to sell non-traded REITs often have difficulty finding a buyer, and can suffer significant losses on the sale.
Unfortunately for investors, Central Trade & Transfer, secondary market for non-traded REITs, recently listed shares of Lighstone for just $7.25 per share. This may be at a loss to investors, as the original offering price was $10.00 per share.
Your financial advisor has a responsibility to perform due diligence on any investment before recommending it to you. If your advisor unsuitably recommended a non-traded REIT and you lost money, the securities attorneys at The White Law Group may be able to help you. You may be able to recover losses by filing a FINRA Arbitration claim against the brokerage firm that sold you the investment.
For a free, no obligation consultation with a securities attorney, please contact the offices of The White Law Group at 1-888-637-5510.
The White Law Group is a national securities fraud, securities arbitration, and investor protection law firm with offices in Chicago, Illinois and Franklin, Tennessee.
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.