Recover your Losses – Inland Real Estate Income Trust
The White Law Group is investigating potential claims involving Inland Real Estate Income Trust. If you lost money investing in Inland Real Estate Income Trust at the advice of your financial advisor, the securities attorneys of The White Law Group may be able to help you recover your losses.
Inland Real Estate Income Trust, Inc. (Inland Income Trust) was formed to acquire a portfolio of commercial real estate located throughout the United States. Inland Income Trust is focused on acquiring primarily core multi-tenant retail assets. Inland Income Trust is sponsored by Inland Real Estate Investment Corporation.
The REIT changed its name in February 2012. Inland Real Estate Income Trust was formerly known as Inland Core Assets Real Estate Trust, Inc. and prior to that, Inland Monthly Income Trust, Inc.
The Risks of REITs
REITs, such as Inland Real Estate Income Trust, are high risk investment products that often lack liquidity. Compared to traditional investments, such as stocks, bonds and mutual funds, REITS are considerably more complex and not suitable for most investors.
Unfortunately many investors were not made adequately aware of the risks and lack of liquidity associated with REITs prior to purchase.Investors may have trouble finding a buyer when they are ready to sell. If they do, it is often at a loss.
Central Trade and Transfer, a secondary market for private placements, is currently listing shares of Inland Real Estate Income Trust for just $7.75/share. The original offering price was $10.00/share, which would represent a loss for most investors.
Broker dealers are required to perform adequate due diligence on all investment recommendations. They must ensure that all recommendations are suitable for the investor. Factors to be considered are: the investor’s age, risk tolerance, net worth, and investment experience.
REITs often have high sales commissions which may provide some broker dealers with enough incentive to overlook suitability requirements. Broker dealers earn extremely high sales commission for selling private placements, sometimes as high as 15%.
Brokers that fail to perform adequate due diligence and or make unsuitable investment recommendations may be held responsible for losses through FINRA Arbitration.
Did you suffer investment losses in Inland Real Estate Income Trust? If so, please contact The White Law Group at 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 Seattle, Washinton.
Tags: Inland Real Estate Income Trust lawsuit Last modified: March 28, 2024