March 17, 2020 Comments Off on Resource Apartment REIT III Investigation Blog, Current Investigations, Publications

Resource Apartment REIT III Investigation

Resource Apartment REIT III Investigation, featured by Top Securities Fraud Attorneys, The White Law Group

Concerned about your investment in Resource Apartment REIT III?

Are you concerned about your investment in Resource Apartment REIT III? If so, the securities attorneys at The White Law Group may be able to help you by filing a FINRA Dispute Resolution claim against the brokerage firm that sold you the investment.

Resource Apartment REIT III invests in U.S. multifamily rental properties, as well as loans secured by multifamily rental properties. The company’s $1 billion offering was declared effective in April 2016 and raised $106.7 million in investor equity, as of August 6, 2019.

According to its prospectus, “Disruptions in the financial markets or sluggish economic conditions nationally and globally could adversely impact our ability to implement our business strategy and generate returns to you.”

Risks of Non-Traded REITs

Non-trade REITs are not suitable for all investors, especially those who need liquidity in their investment.  Brokerage firms have a responsibility to adequately disclose all risks befores selling any investment and must consider suitability factors such as age, financial needs, and risk tolerance to name a few.

However, many brokerage firms overlook suitability regulations set forth by the SEC to earn the high commission that non-trade REITs.  Sales commissions can range from 6% to 10%,  and often come with a 2%- 3.0% dealer manager fee.

Brokerage firms that do not perform adequate due diligences on an investment or demonstrate a breach of fiduciary duty can be held accountable for losses incurred through FINRA arbitration.

The White Law Group is investigating FINRA arbitration claims involving broker dealers who may have improperly recommended non-traded REITs such as Resource Apartment REIT III to investors.

If you invested in a non-traded REIT such as Resource Apartment REIT III and would like to discuss your litigation options, please call the securities attorneys of The White Law Group at 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, visit https://whitesecuritieslaw.com

 

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