Recovery of Investment Losses in KBS Strategic Opportunity REIT
Have you suffered investment losses in KBS Strategic Opportunity REIT? If so, The White Law Group might be able to help you recover your investment losses through a FINRA arbitration claim.
KBS Strategic Opportunity REIT, Inc., through KBS Strategic Opportunity Limited Partnership, invests in and manages a portfolio of real estate-related investments. KBS Strategic Opportunity REIT, Inc. was founded in 2008 and is headquartered in Newport Beach, California.
According to recent tender offer from Mackenzie Capital, KBS estimates that its Shares of KBS Strategic Opportunity REIT are worth $14.81.
Mackenzie further claims that KBS intends to convert to a perpetual-life REIT. If the plan is executed, the company will not list or liquidate but will institute an ongoing offering and share redemption program. There can be no guarantee, however, that such a plan will be executed in a timely manner, or at all.
Currently, the share redemption program is oversubscribed, with $12.6 million available to repurchase shares in 2017 and a $14.3 million backlog. Mackenzie is currently offering $8.26 per Share of KBS Strategic Opportunity REIT. Unfortunately, this would be a significant loss for investors.
Brokerage firms are required to perform due diligence on the investment before recommending it and to ensure that the investment is suitable for a particular investor in light of that investor’s age, investment objectives, income, net worth, and investment experience. Given the current risk of devaluation of these REITs, such investments are likely only suitable for wealthy and/or sophisticated investors.
Recovery of Investment Losses
If you have suffered losses in KBS Strategic Opportunity REIT, please call the securities attorneys of The White Law Group at 888/637-5510 for a free consultation.
You may gather more information on other investments on our website at www.whitesecuritueslaw.com
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.
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