Wharf Horizontal REIT LLC Shareholders may have Claims
Wharf Horizontal REIT, LLC provides real estate services. The Company owns and operates real estate properties, according to Bloomberg.
According to filings with the SEC, the company filed a form D to raise capital from investors in 2015 for the following entities:
Wharf 5 Hotel REIT LLC
Wharf 3A Office REIT LLC
Wharf Phase 1 Retail REIT LLC
Wharf Phase 1 Apartment REIT LLC
Wharf 1 Office REIT LLC
Wharf Phase 3 REIT LLC
Wharf Phase 2 Retail REIT LLC
Wharf Horizontal REIT LLC
Wharf 3B Hotel REIT LLC
The White Law Group is investigating potential securities claims involving broker dealers who may have unsuitably recommended non-traded REITs such as Wharf Horizontal REIT LLC to investors.
A real estate investment trust (REIT) is a company that owns, and in most cases, operates income-producing real estate. REITs own many types of commercial real estate, ranging from office and apartment buildings to warehouses, hospitals, shopping centers, hotels and even timberlands. Some REITs also engage in financing real estate. The REIT structure was designed to provide a real estate investment structure similar to the structure mutual funds provide for investment in stocks.
REITs are complex and high risk investments that are really only suitable for sophisticated investors. It is the duty of the brokerage firm to perform due diligence on any investment and to ensure that the investment is suitable for a particular investor in light of that investor’s age, investment objectives, income, net worth, and investment experience. Given the current risk of devaluation of these REITs, such investments are likely only suitable for wealthy and/or sophisticated investors.
According to filings with the SEC, the company filed a form D to raise capital from investors in 2016. The White Law Group is investigating potential securities claims involving broker dealers who may have unsuitably recommended non-traded REITs such as Wharf Horizontal REIT LLC to investors.
Free Consultation with a Securities Attorney
If you are concerned about investment losses in Wharf Horizontal REIT LLC or another non-traded REIT investment, the securities attorneys at The White Law Group may be able to help. Please contact the offices of 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 firm, visit www.WhiteSecuritiesLaw.com.