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InvenTrust Properties Secondary Market Listing $1.97/share

InvenTrust Properties

Investigating Potential Claims Involving InvenTrust Properties

Have you suffered investment losses in InvenTrust Properties (formerly Inland America)? If so, the securities attorneys at 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.

InvenTrust Properties went effective in August 2005 and closed its offering in April 2009 after raising $8.6 billion, according to Summit Investment Trust. The company became a self-managed REIT in 2014 and as of December 31, 2016, owns and manages 71 multi-tenant retail properties and one non-core office property with a total investment cost of $3.7 billion.

The non-traded REIT declared a new estimated net asset value of $3.29 per share of the company’s common stock, as of May 1, 2017. The original purchase price was $10.00/share.

Unfortunately, investors looking to sell a private placement investment often have difficulty finding a buyer, and can suffer significant losses on the sale. Central Trade and Transfer, a secondary market for private placements, is currently listing shares of InvenTrust Properties Corp. for as little as $1.97 per share.

The Trouble with Non-traded REITs

The trouble with non-traded real estate investment trusts (REITs) like InvenTrust Properties Corp., is that they lack liquidity and are inherently risky. Compared to traditional investments, such as stocks, bonds and mutual funds, non-traded REITs are more complex and are better suited for investors that can afford to risk the total losses of their investment.

Unfortunately, the high sales commissions associated with non-traded REITs often provide some broker dealers with enough incentive to overlook suitability requirements. Brokers often earn extremely high sales commission selling non-traded REITs, sometimes as high as 15%.

Brokers are required to perform adequate due diligence on any investment they recommend. They must ensure that all recommendations are suitable for the investor and are in line with the clients risk tolerance, age, net worth, and investment experience.

If a brokerage firm makes unsuitable investment recommendations or fails to adequately disclose the risks associated with an investment they may be liable for investment losses through FINRA arbitration.

To determine whether you may be able to recover investment losses incurred as a result of your purchase InvenTrust Properties Corp., 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 Franklin, Tennessee. For more information on the firm, visit www.WhiteSecuritiesLaw.com.

 

 

 

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