Rodin Global Property Trust – Securities Investigation
Concerned about investment losses in Rodin Global Property Trust, Inc?
Have you suffered losses investing in Rodin Global Property Trust? 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.
Rodin Global Property Trust, a publicly registered non-traded REIT sponsored by Cantor Fitzgerald Investors, reportedly invests primarily in single-tenant net leased commercial properties located in the United States and Europe.
According to recent filings with the SEC, the board of Rodin Global Property Trust Inc., has just announced a lower estimated net asset value (NAV) per share for the company’s common stock, as of March 31, 2020.
In late March, the REIT extended its initial public offering and registered a proposed $1.25 billion follow-on offering as a perpetual life REIT. The company calculates its NAV on a quarterly basis.
As of March 31, 2020, Class A and Class I shares have a NAV per share of $23.74, and Class T shares have a NAV of $23.72 per share. The originally offering price was $25.00 per share. Last quarter’s valuation was $25.11 for Class A and Class I shares, and $25.09 for Class T shares, as of December 31, 2019.
The Trouble with Non-Traded REITs
Compared to traditional investments, such as stocks, bonds and mutual funds, non-traded REITS, like Rodin Global Property Trust, 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 and to 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 Rodin Global Property Trust 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, visit www.whitesecuritieslaw.com.