Investigating Potential Claims – Bluerock Enhanced Multifamily Trust
Have you suffered losses investing in Bluerock Enhanced Multifamily Trust? If so, The White Law Group may be able to help you recover your losses by filing a FINRA Dispute Resolution claim against the brokerage firm that sold you the investment.
Bluerock Real Estate, LLC, according to their website, is a national real estate investment firm headquartered in Manhattan with regional offices in Southfield, Michigan, Boise, Idaho and Newport Beach, California. Bluerock is a private equity real estate asset manager that has transacted over 9 million square feet of residential and commercial real estate acquisitions since its inception in 2002.
According to a Form-D filed with the SEC in 2014, Bluerock Enhanced Multifamily Trust has changed its name to Bluerock Residential Growth REIT.
Are REITs a suitable investment for you?
The White Law Group is investigating potential claims involving broker dealers who may have unsuitably recommended REITs such as Bluerock Enhanced Multifamily Trust to investors.
A real estate investment trust (REIT) such as Bluerock Enhanced Multifamily Trust is a company that owns, and in most cases, operates income-producing real estate. Some REITs also engage in financing 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.
REITs are complex and high risk investments that are really only suitable for sophisticated investors. It is the duty of the brokerage firm to perform due diligence on any investment. They must ensure that the investment is suitable for a particular investor in light of that investor’s age, investment objectives, income, net worth, and investment experience. Given the current risk of devaluation of these REITs, such investments are likely only suitable for wealthy and/or sophisticated investors.
To determine whether you may be able to recover investment losses incurred as a result of your purchase of Bluerock Enhanced Multifamily Trust or another Bluerock investment, please contact 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 Franklin, Tennessee. For more information on the firm, visit www.WhiteSecuritiesLaw.com.
Tags: Bluerock Enhanced Multifamily Trust lawsuit Last modified: March 11, 2024