Category Archives: REITS

FINRA Investigating Sales of Non-traded REITS

In the last decade,  Finra targeted broker / dealers who recommended private placements such as medical capital, provident and other alternative investment products to their clients. To date the securities industry is still feeling the impact ranging from the shut … Continue reading

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Potential class action against Behringer Harvard REIT I may lead to influx of FINRA arbitrations

A Texas investor recently filed a potential class action lawsuit against Behringer Harvard REIT I (“Behringer Harvard”), which is one of the largest Real Estate Investment Trusts in the United States and currently has more than $4.0 Billion in assets. … Continue reading

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SEC Investigates Inland American REIT

The SEC just recently announced that it has commenced an investigation into Inland America Real Estate Trust Inc. (“Inland American”). Inland American is one of five (5) real estate investment trusts (“REITS”) affiliated with The Inland American Real Estate Grouo … Continue reading

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REIT’s for Dummies: An Investors Guide to Real Estate Investment Trusts

In the late 1990’s and early 2000’s, broker/dealers and registered representatives throughout the United States were recommending that every investor with a few extra dollars to spare invest the money in private placements. In recent years, many of those investments … Continue reading

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The Two Ways that the Duty to Recommend Suitable Investments May Be Breached

When recommending the purchase of a security, NASD Rule 2310 requires that a broker dealer (and its representative) must have reasonable grounds for believing that the recommendation is suitable for the customer on the basis of that investor’s financial situation … Continue reading

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Behringer Harvard Opportunity REIT I’s Slow March to the Grave

Investors in the Behringer Harvard Opportunity REIT I received some unpleasant news to start off the new year.  In early January 2012 investors were informed that the value of the REIT’s shares had declined to $4.12 per share, a 46% … Continue reading

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