Category Archives: REITs
Largest nontraded REIT in SEC probe
The following story appeared in Investment News on May 10, 2012: The largest nontraded real estate investment trust in the industry, Inland American Real Estate Trust Inc., is under investigation by the Securities and Exchange Commission for potential violations of … Continue reading
Nontraded REIT rules roiled by appraisal issue
The following story appeared in Investment News on May 6, 2012: The $84 billion nontraded-REIT industry is deeply divided about valuations as regulators prepare to codify rules on creating an estimated share value for the products. That division was apparent … Continue reading
REITs Spring an Unnerving Surprise
The following story appeared in the Wall Street Journal on April 24, 2012: During the decade leading up to the downturn, some small investors put their money into a special type of real-estate investment trust, ones that aren’t traded on … Continue reading
The Securities Arbitration Law Firm of Klayman & Toskes Investigates Claims On Behalf of Inland Western REIT, now known as Retail Properties of America
The Securities Arbitration Law Firm of Klayman & Toskes announced today that it is investigating potential claims on behalf of investors in Inland Western REIT, which is know known as Retail Properties of America, Inc. Many investors in Inland Western REIT were … Continue reading
The Securities Arbitration Law Firm of Klayman & Toskes Launches Investigation On Behalf Of Investors Who Sustained Losses in Cornerstone Core Properties REIT
The Securities Arbitration Law Firm of Klayman & Toskes (“K&T”), www.reit-fraud-loss.com, announced today that it is investigating securities arbitration claims against full-service brokerage firms who sold Cornerstone Core Properties Real Estate Investment Trust (“Cornerstone REIT”), including the sponsor of the … Continue reading
The Securities Arbitration Law Firm of Klayman & Toskes Investigates Securities Arbitration Claims Against Wells Investment Securities After FINRA Levies Fine of $300,000 for Misleading Marketing of Wells Timberland REIT
The Securities Arbitration Law Firm of Klayman & Toskes (“K&T”), announced today that it is currently investigating securities arbitration claims against Wells Investment Securities, Inc. (“Wells Investment”), after the Financial Industry Regulatory Authority (“FINRA”) announced that it fined Wells Investment … Continue reading
FINRA Fines Wells Investment Securities $300,000 for Use of Misleading Marketing Materials for REIT Offering
The Financial Industry Regulatory Authority (“FINRA”) announced last week that it has fined Wells Investment Securities, Inc. $300,000 for using misleading marketing materials in the sale of Wells Timberland REIT, Inc., a non-traded Real Estate Investment Trust (REIT). Wells was the dealer-manager … Continue reading
FINRA Issues Investor Alert on Public Non-Traded REITs
Today, the Financial Industry Regulatory Authority (“FINRA”) issued a new Investor Alert called Public Non-Traded REITs-Perform a Careful Review Before Investing to help investors understand the benefits, risks, features and fees of these investments. While investors may find non-traded REITs … Continue reading
Tough Finra proposal aims to bring nontraded-REIT pricing up to par
The following story appeared in Investment News on September 30, 2011. Regulator wants commissions subtracted right away from value shown on statements; ‘pendulum has swung too far’ A new Finra proposal would drastically change how the value of nontraded real … Continue reading
COMPLIANCE WATCH: Brokerage Still Sells Questioned REITs
By Suzanne Barlyn — A DOW JONES NEWSWIRES COLUMN , 6/9/2011 NEW YORK (Dow Jones)–When a regulator accuses a brokerage of improperly selling a product and questions the pricing of that product, you might think that regulator would order sales … Continue reading