KBS Real Estate Investment Trust – Investment Losses
Have you suffered investment losses in KBS Real Estate Investment Trust ? If so, the securities attorneys of 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.
KBS Real Estate Investment Trust launched its initial public offering in January 2006 for up to 200 million shares of common stock and 80 million DRIP shares. The REIT raised $1.7 billion in its primary offering before its closing in May 2008, and $233.7 million under its dividend reinvestment plan which closed in April 2012. The company’s portfolio consists of 186 real estate properties, three real estate loans receivable, and a participation interest in a real estate joint venture, as of September 30, 2016.
The Trouble with Non-Traded REITs
The trouble with real estate investment trusts (REITs), like KBS , is that they are complex and inherently risky products. Compared to traditional investments, such as stocks, bonds and mutual funds, REITs are more complex and less regulated, making them better suited for sophisticated and institutional investors.
Broker dealers are required to perform adequate due diligence on any investment they recommend and to ensure that all recommendations are suitable for the investor in light of the investor’s age, risk tolerance, net worth, and investment experience. Firms that fail to do so, may be held responsible for any losses.
Another problem with these investments involves liquidity. Investors looking to sell often have difficulty finding a buyer, and can suffer significant losses on the sale. According to LPsales.com, a secondary market for private placements, shares of KBS Real Estate Investment Trust recently sold for between $2.40 per unit in February 2015.
Recovery of Investment Losses
To determine whether you may be able to recover investment losses incurred as a result of your purchase of KBS Real Estate Investment Trust, 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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