Written by 7:39 pm Blog

GTJ REIT Inc. Investment Losses – Investor Alert

GTJ REIT Inc.

Investor Alert: GTJ REIT Inc.

The White Law Group is investigating the liability that FINRA registered brokerage firms may have for improperly selling high-risk REITs, like GTJ REIT, to their clients.

GTJ REIT Inc. is a fully integrated, self-administered and self-managed, public, non-listed REIT engaged in the acquisition, ownership, management and operation of commercial real estate in the Northeast and Mid-Atlantic areas, according to their website.

Update on January 23, 2018

According to reports, GTJ REIT has an infinite life, and it has said it has no plans to list its shares.  The Company now has a share redemption program ( as of January 2018), but in its very first period (payment in December) it was
oversubscribed so shares were purchased pro-rata (at 90% of estimated value). Redemptions will not
be made again until June 2018 and there can be no assurance that you will be able to redeem all of
your shares at that time.

The Risks of REITs

REITs are complicated and often risky investments which should only be sold to high-net worth and sophisticated investors.

Notwithstanding the risks of investing in REITs, brokerage firms continue to push this type of investment because of the high commissions associated with their sale and creation.  Brokerage firms generally make between 7-10% for selling a REIT, which is far in excess of the typical commission for more traditional investment types.

If you suffered losses investing in GTJ REIT or another real estate investment trust, The White Law Group may be able to help you recover your losses through FINRA Arbitration.

FINRA operates the largest securities dispute resolution forum in the United States, and has extensive experience in providing a fair, efficient and effective venue to handle a securities-related dispute.

To speak with a securities attorney regarding your investment in GTJ REIT, please call 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 Vero Beach, Florida.

For more information on The White Law Group, visit the firm’s website at http://whitesecuritieslaw.com.

 

Tags: , , , , , , , , , , , , , , , , , Last modified: January 23, 2018