Written by 3:01 pm Blog, Current Investigations

LSREF4 Skyline REIT, Securities Investigation

LSREF4 Skyline REIT, Securities Investigation, featured by top securities fraud attorneys, The White Law Group

LSREF4 Skyline REIT Shareholders may have Claims

Home Properties, a multifamily REIT, invests in, develops, renovates, and operates multifamily residential properties, primarily in growth markets in the Northeast and Mid-Atlantic, according to Bloomberg. Lone Star Funds acquired the REIT in late 2015, taking it private.

A real estate investment trust (REIT)  is a company that owns, and in most cases, operates income-producing real estate. REITs own many types of commercial real estate, ranging from office and apartment buildings to warehouses, hospitals, shopping centers, hotels and even timberlands. Some REITs also engage in financing real estate. The REIT structure was designed to provide a real estate investment structure similar to the structure mutual funds provide for investment in stocks.

REITs are complex and high risk investments that are really only suitable for sophisticated investors. It is the duty of the brokerage firm to perform due diligence on any investment 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.

According to filings with the SEC, the company filed a form D to raise capital from investors in 2016. The White Law Group is investigating potential securities claims involving broker dealers who may have unsuitably recommended non-traded REITs such as LSREF4 Skyline REIT to investors.

Free Consultation with a Securities Attorneys

To determine whether you may be able to recover investment losses incurred as a result of your purchase of LSREF4 Skyline REIT or another non-traded REIT investment, please contact The White Law Group at 1-888-637-5510 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 and its representation of investors in FINRA arbitration claims, visit www.WhiteSecuritiesLaw.com.

 

 

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