February 9, 2022 Comments Off on Black Creek Industrial REIT IV Securities Investigation Blog, Current Investigations

Black Creek Industrial REIT IV Securities Investigation

Black Creek Industrial REIT IV Securities Investigation, featured by Top Securities Fraud Attorneys, The White Law Group

 Black Creek Industrial REIT IV Changes Name to Ares Industrial Real Estate Income Trust Inc. 

Are you concerned about your investment in Black Creek Industrial REIT IV? 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. 

Black Creek Industrial REIT IV Inc has filed articles of amendment this week to change its name to Ares Industrial Real Estate Income Trust Inc. and to change the designation of the Company’s Class W Common Shares to Class D Common Shares. 

The White Law Group continues to investigate potential securities claims involving FINRA registered brokerage firms who may have unsuitably recommended alternative investments such as Black Creek Industrial REIT IV to investors. 

Risks of Non-traded REITs like Black Creek Industrial REIT IV/Ares Industrial Real Estate Income Trust 

Non-traded REITs are often riskier and more complicated than traditional investments, and are only suitable for high net worth, sophisticated investors. They often have high fees and sales commissions, making them an attractive product for financial advisors to sell. 

According to its prospectus, the company’s ability to redeem your shares may be limited. In addition, its board of directors may modify or suspend the share redemption program at any time. 

Ares’ share redemption program contains “significant restrictions and limitations,” according to its prospectus. The company may redeem fewer shares due to lack of readily available funds because of adverse market conditions or other reasons. 

Potential Lawsuits to Recover Financial Losses 

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. 

Despite the risks of investing in this type of alternative investments, brokerage firms continue to push this type of investment because of the high commissions associated with their sale and creation. 

To learn more about the investigation please see:

Black Creek Industrial REIT IV Reduces NAV

Free Consultation with a Securities Attorney 

If you are concerned about your investment in Black Creek Industrial REIT IV (Ares Industrial Real Estate Income Trust Inc.), The White Law Group may be able to help. Please call 888-637-5510 for a free consultation with a securities attorney.

The White Law Group is a national securities fraud, securities arbitration, and investor protection law firm with offices in Chicago, Illinois and Seattle, Washington. 

For more information on The White Law Group and its representation of investors in FINRA arbitration claims, visit https://www.whitesecuritieslaw.com. 

  

 

  

 

 

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