Written by 10:01 pm Investment Loss Recovery

BR Sunrise Parc DST: Securities Investigation 

BR Sunrise Parc DST: Securities Investigation featured by top securities fraud attorneys, The White Law Group

BR Sunrise Parc DST Investors may have Claims 

The White Law Group is investigating potential securities claims involving broker dealers who may have improperly recommended BR Sunrise Parc DST to investors.  

According to SEC filings, BR Sunrise Parc DST, sponsored by Bluerock Value Exchange, filed a Form D to raise capital from investors in 2020. The total offering amount was purportedly $30,886,656, according to the Reg D filing. 

Delaware Statutory Trusts (also known as DSTs) present an alternative avenue for 1031 exchange investors in search of replacement properties. They supposedly offer the potential for monthly income and diversification, all without the ongoing responsibilities of a landlord.  

DSTs may not be suitable to many investors due to several drawbacks. For instance, once the investment is made, 1031 DSTs cannot secure new capital, leaving investors responsible if costly repairs or other issues, such as declining occupancy or rental income, emerge.  

Also, investors have limited control over the property; while the sponsor may be open to feedback, individual investors cannot take independent actions. Additionally, 1031 DSTs lack liquidity, making it challenging to find a buyer should an investor wish to sell their interest before the property is sold.  

How to Recover your Investment Losses 

The White Law Group is investigating potential securities claims involving broker dealers who may have unsuitably invested its clients in a 1031 DST investment. 

 Despite?the risks of investing in DSTs, brokerage firms continue to push this type of investment because of the high commissions associated with their sale and creation.  

 Brokerage firms engage in broker due diligence to ensure they recommend and sell investment products suitable for their clients. This safeguarding process aims to protect both the brokerage firm and its clients by ensuring the investments align with the client’s investment objectives, risk tolerance, and financial situation. 

The Financial Industry Regulatory Authority (FINRA) offers an arbitration platform enabling investors to resolve disputes if a broker or brokerage firm makes unsuitable investment recommendations or inadequately discloses associated risks. In a FINRA arbitration claim, brokers or firms might be held accountable for investment losses. 

 If you have suffered losses in a 1031 DST due to improper advice from your financial advisor, you may be able to recover your losses through FINRA arbitration. 

 If you are concerned about your?investment in BR Sunrise Parc DST, you may be able to file a FINRA claim. Please call the securities attorneys at The White Law Group at 888-637-5510 for a free consultation.  

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

For more information on The White Law Group and its representation of investors in FINRA arbitration claims, visit https://whitesecuritieslaw.com 

 

 

Tags: , , Last modified: January 17, 2024