Strategic Realty Trust – New Tender Offer $4.02/Share

Strategic Realty Trust – Securities Investigation

Have you suffered losses investing in Strategic Realty Trust, formerly known as TNP Strategic Retail Trust? If so, the securities attorneys at The White Law Group may be able to help you recover your losses through FINRA Arbitration.

Strategic Realty Trust is a non-traded real estate investment trust (REIT) which owns a portfolio of shopping centers that are anchored by such grocers as Publix, Kroger, and Wal-Mart. It is a non-traded REIT sponsored by Thompson National Properties, LLC and launched in 2008.

The White Law Group continues to investigate the liability that brokerage firms may have for improperly recommending Strategic Realty Trust (formerly TNP Strategic Retail Trust) to its clients.

Liquidity Problems

Brokerage firms are required to perform adequate due diligence on any investment they recommend and to ensure that all recommendations made are suitable for their clients in light of the clients’ age, income, net worth, tax status, investment experience, and investment objectives.

One problem with REITs is the high sales commissions brokers typically earn for selling them, often as much as 15%. Unfortunately, in many cases, the high sales commission may provide some brokers with enough incentive to make unsuitable investment recommendations.

Another problem is that non-traded REITs such as Strategic Realty Trust also lack liquidity. Investors looking to sell these investments often have difficulty finding a buyer, and if they are able to find one can suffer significant losses on the sale.

According to Central Trade and Transfer, a secondary market for private placements, shares of Strategic Realty Trust are currently listed for sale for just $4.60/share. Unfortunately for investors, this represents a significant loss on their capital investment of $10.00/share.

Update on May 6, 2019 – Strategic Realty Trust

Mackenzie Realty Capital has just extended a tender offer to purchase shares of Strategic Realty Trust for just $4.02/share. The REIT’s estimated net asset value has decreased to$6.04 per Share as of April 2018, a decline of $0.23 from the June 2017 estimate of
$6.27 per Share.

Further, Steadfast pays a quarterly distribution of just $0.06 per share, a 4% yield on its estimated NAV.

Free Consultation

Brokerage firms are required to perform adequate due diligence on any investment they recommend and to ensure that all recommendations made are suitable for their clients in light of the clients’ age, income, net worth, tax status, investment experience, and investment objectives.

To discuss your litigation options with a securities attorney, please call The White Law Group at 888-637-5510 for a free consultation.

The White Law Group is a national securities fraud, securities arbitration, and investor protection law firm with offices in Chicago, Illinois and Vero Beach, Florida.

For more information on The White Law Group, visit https://whitesecuritieslaw.com.

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