Written by 3:18 pm Blog, Current Investigations

Cole Credit Property Trust IV – Decreases NAV

Cole Credit Property Trust IV

Cole Credit Property Trust IV – Securities Investigation

Are you concerned about your investment in Cole Credit Property Trust IV? If so, the securities attorneys at The White Law Group may be able to help you.

Cole Credit Property Trust IV, Inc. (CCPT IV) is a public, non-listed Real Estate Investment Trust (REIT) that invests in “income-producing retail commercial real estate primarily leased to creditworthy tenants under long-term, net leases,” according to its website.

On March 29, 2018, Cole Credit Property Trust IV announced an estimated Net Asset Value (NAV) of $9.37 per share as of December 31, 2017, a decrease of 7.0% year-over-year from $10.08 per share as of December 31, 2016. The company reportedly attributes the decrease to the weakness in the retail property sector.

The new NAV was calculated in accordance with current valuation policies, in which CCPT IV obtains an independent estimate of the fair market value of its real estate assets. In calculating the NAV, CCPT IV’s advisor relied in part on estimates provided by Duff & Phelps, LLC, an independent consultant and service provider to the real estate industry.

Are non-traded REITs a suitable investment for you?

A real estate investment trust (REIT) is a company that owns, and in most cases, operates income-producing 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.

Non-traded REITs are generally high risk investment, but financial advisor often sell them as low-risk, conservative investments. They are illiquid, meaning that they are not traded on any market and it can be hard to find a buyer when you are ready to sell.

The White Law Group is currently representing many non-traded REIT investors in claims against the brokerage firms that recommended products like Cole Credit Property Trust IV.

These claims result when broker-dealers fail to perform adequate due diligence on the REITs before offering them for sale to their clients. Often the brokerage firms fail to determine whether the investments were appropriate in light of their clients’ age, investment, experience, net worth, and tolerance for risk.

If you have suffered losses in Cole Credit Properties Trust IV, or another non-trade REIT the securities attorneys at The White Law Group may be able to help you. Please call the offices at (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 Vero Beach, Florida.

For more information on The White Law Group, visit http://whitesecuritieslaw.com.

 

 

 

 

 

Tags: , , , , , , , , , , , , Last modified: March 18, 2024