Concerned about your investment in Brookfield Strategic Office REIT II?
The White Law Group is investigating potential securities claims involving broker dealers and financial advisors who may have unsuitably recommended Brookfield Strategic Office REIT II to investors. If you have suffered losses, the securities attorneys at The White Law Group may be able to help you.
Brookfield Strategic Office REIT II – High Risk Private Placement Investment
Reg D Private placement investments such as this one are speculative, high-risk investments and due to these risks are often unsuitable for most investors. Despite the risks of investing in alternative investments, brokerage firms continue to push this type of investment because of the high commissions associated with their sale and creation.
Since they are not traded on any exchange, private placement offerings are typically illiquid investments. There are often legal or contractual restrictions on your ability to transfer your holdings, and even if sale of your holdings is permitted there may be no buyers. You may need to hold these securities for an indefinite time.
Often companies that issue unlisted securities may provide little or no transparency into their ongoing operations and financial condition. While some private placement investments may make periodic distributions, others may not make any.
Broker Due Diligence
According to FINRA these products are an ongoing concern for the regulator and firms must ensure they are suitable for an investor’s risk profile and investment strategy. Many of these non-traded REITs were promised to provide steady growth, and invulnerability from volatile markets, which is not the case.
Brokerage firms are required to perform adequate due diligence on any investment they recommend and to ensure that all recommendations are suitable for the investor considering that investor’s age, investment experience, net worth, risk tolerance, investment objectives, and income. Firms that fail to perform adequate due diligence or that make unsuitable recommendations can be held responsible for investment losses in a FINRA arbitration claim.
Filing a Complaint against your Brokerage firm
If you are concerned about an investment in Brookfield Strategic Office REIT II, the securities attorneys at The White Law Group may be able to help you by filing a complaint against your brokerage firm. Please call the offices at 888-637-5510 for a free consultation with a securities attorney.
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, Washington.
For more information on the firm, please visit http://whitesecuritieslaw.com.
