Concerned about investment losses in Behringer Harvard Opportunity REIT I?
Have you suffered investment losses in Behringer Harvard Opportunity REIT I (AFT)? If so, the securities attorneys of The White Law Group may be able to help you.
Behringer Harvard Opportunity REIT I went effective in September 2005 and closed in December 2007 after raising $559 million in investor equity. The company suspended its distribution in March 2011 and currently oversees a portfolio of five properties with an investment cost of $357 million.
Investors looking to sell a private placement investment often have difficulty finding a buyer, and can suffer significant losses on the sale. Shares were originally priced at $10.00 each, and the company’s most recent NAV of $3.58 per share was published in October 2014.
Unfortunately for investors, CFX Alternative Trading, a secondary market for private placements, is offering shares of Behringer Harvard Opportunity REIT I for just $1.10 per share.
The Trouble with Non-traded REITs
Compared to traditional investments, such as stocks, bonds and mutual funds, non-traded REITS, like Behringer Harvard Opportunity REIT I, are considerably more complex and involve a high degree of risk. Unfortunately many investors were not made adequately aware of the risks and liquidity problems associated with REITs.
The White Law Group has represented numerous investors in claims against the brokerage firm that recommended non-traded REITs to these investors.
Broker dealers are required to perform adequate due diligence on any investment they recommend and to 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.
Broker dealers that fail to adequately disclose risks or make unsuitable investment recommendations can be held liable for investment losses.
If you have invested in Behringer Harvard Opportunity REIT I and would like to speak to a securities attorney about the potential to recover your investment losses, 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 Vero Beach, Florida.
For more information on The White Law Group, visit www.whitesecuritieslaw.com.
Last modified: March 15, 2024