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Written by 6:47 pm Broker Investigations

Bluerock Industrial Growth REIT: Securities Investigation 

Bluerock Industrial Growth REIT: Securities Investigation featured by top securities fraud attorneys, the White Law Group

Investigating Claims: Bluerock Industrial Growth REIT Inc. 

Are you concerned about your investment in Bluerock Industrial Growth REIT? 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.    

The White Law Group continues to investigate potential securities fraud claims involving broker-dealers’ improper recommendation that investors purchase high-risk non-traded REIT investments, like Bluerock Industrial Growth REIT. Our firm has represented numerous investors in claims against their brokerage firms to recover non-traded REIT investment losses.    

According to filings with the SEC, BlueRock filed a form D in 2021 for the offering BlueRock Industrial Growth REIT. The total amount of the offering was purportedly $150,000,000. 

How do I recover my money from Bluerock Industrial Growth REIT?   

Non-traded Real estate Investment Trusts (REITs) are complex and inherently risky products. Compared to traditional investments, such as stocks, bonds and mutual funds, REITs are significantly more complex and often better suited for sophisticated and institutional investors.    

Many investors are not fully aware of the problems and risks associated with non-traded REITs before purchasing them.    

In addition to the high risks, non-traded REITs, like Bluerock Industrial Growth REIT, often lack liquidity. Investors looking to sell these investments often have difficulty finding a buyer, and if they can find one can suffer significant losses on the sale.   

Risks of Non-traded REITs & Recovery Options   

Apart from the challenge of limited liquidity, another issue often linked with REIT recommendations is the substantial sales commissions brokers typically receive – sometimes reaching as high as 15%. According to the Form D, “The Dealer Manager will receive selling commissions of up to 5.5% of purchase price of the shares of common stock and a placement fee of 2.65% of total sales of the offering.” 

Brokers are required to align their investment advice with their clients’ risk tolerance, net worth, investment goals, and market experience. Regrettably, the allure of hefty sales commissions might motivate some brokers to propose unsuitable investments. 

Broker-dealer firms are obligated to conduct thorough due diligence on any investment they endorse, ensuring that all recommendations align with the investor’s needs. Failure to adhere to these standards could hold firms accountable for losses in a FINRA arbitration claim. 

The White Law Group is actively investigating potential securities claims involving broker-dealers who might have inappropriately advised investors on non-traded REITs. The firm has represented numerous investors who incurred losses due to investments in non-traded REITs.  

Free Consultation with Securities Fraud Attorneys

If you suffered losses investing in Bluerock Industrial Growth REIT Inc. and would like a free consultation with a securities attorney, please call The White Law Group at 888-637-5510.    

The White Law Group is a national securities arbitration, securities fraud, and investor protection law firm with offices in Chicago, Illinois and Seattle, Washington.    

For more information on The White Law Group, visit www.whitesecuritieslaw.com.    

 

Tags: , , Last modified: January 10, 2024