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Written by 2:46 pm Current Investigations

KBS REIT II Secondary Market Offer

KBS REIT II

Concerned about investment losses in KBS REIT II?

Have you suffered losses investing in KBS REIT II? If so, The White Law Group may be able to help you by filing a FINRA arbitration claim against the brokerage firm that sold you the investment.

KBS REIT II went effective in April 2008 and closed its primary offering in March 2011 after raising $1.8 billion in investor equity. The company’s portfolio consists of 11 office properties (10 office properties and an office campus consisting of eight office buildings) and one real estate loan receivable. As of September 30, 2016, the company’s real estate portfolio was 89 percent occupied.

In June 2016, KBS Real Estate Investment Trust I and II announced plans to liquidate their assets, joining two sister REITs, KBS Legacy Partners Apartment REIT and KBS Strategic Opportunity REIT.

Unfortunately for investors, CFX Alternative Trading, a secondary market for private placements, is offering shares of KBS REIT II for just $4.40 per share. That’s significantly less than the original purchase price of $10.00 per share.

The White Law Group has handled a number of claims involving non-traded real estate investment trusts (REITs) like KBS REIT II.

The Trouble with Non-traded REITs

The trouble with non-traded REITs, like KBS REIT II, is that they are complex and inherently risky products.

Broker dealers are required to inform clients of the risks associated with investment recommendations and to ensure that those recommendations are suitable for the investor in light of the investor’s age, risk tolerance, net worth, and investment experience. Firms that fail to do so may be held responsible for any losses.

Lack of liquidity is often problematic for many investors.  Investors looking to sell often have difficulty finding a buyer, and can suffer significant losses on the sale.

Recovery of Investment Losses

If you invested in KBS REIT II or another non-traded REIT and would like to discuss your litigation options with a securities attorney, 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 and its investigations, visit www.whitesecuritieslaw.com.

 

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