Behringer Securities LP announced that it has changed its name to Provasi Capital Partners LP. According to the company’s press release the name change coincides with “the company’s three-year evolution from a single-purpose investment provider into an independent investment management platform with selected portfolio managers and specialized strategies[.]
The name Behringer for many investors is associated with a number of non-traded REITs that cost many investors significant losses.
The White Law Group continues to pursue claims on behalf of investors in non-traded REITs against the brokerage firms and financial professionals that recommended these investments.
REITs typically pay a high commission – often as much as 10-15% (which often explains the stockbroker’s motivation in recommending the REIT investment to the investor).
Due to the relatively high interest or dividend offered by non-traded REITs, retired investors are often attracted to these products. Unfortunately, in addition to be risky investments, non-traded REITs are also illiquid.
To determine whether you may be able to recover investment losses incurred as a result of your purchase of a risky REIT investment, please contact The White Law Group at 312-238-9650.
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.
Tags: Behringer Securities complaint, Behringer Securities information, Behringer Securities investments, Behringer Securities name change, Behringer Securities review, Provasi Capital Partners formerly Behringer Securities, Provasi Capital Partners information, Provasi Capital Partners investments, Provasi Capital Partners review Last modified: October 8, 2015