Category: REIT

Vernon Litigation Group Investigates New York City REIT, Inc. (NYSE:NYC)

Sep 9, 2020 / REIT

Vernon Litigation Group announces an investigation into New York City REIT, Inc. (NYSE:NYC), a real estate investment trust (REIT) that owns commercial real estate throughout New York City. New York City REIT, Inc. New York City REIT, Inc. recently changed its name after being known as American Realty Capital New York City REIT. Although initially formed in 2013, NYC was recently listed on the New York Stock Exchange on August […]

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Real Estate Investment Trusts [REITs]: Are they in your portfolio?

May 29, 2020 / COVID-19 , Tags: , , ,

Vernon Litigation Group has researched and written about REITs for many years. Although having certain REITs in your portfolio can be ok, we are warning investors to do their due diligence regarding NON-Traded REITs. Often times we see financial advisors recommending these products outside of their clients risk parameters to receive high commissions, which can be financially damaging for their client. Furthermore, in these times of economic uncertainty, real estate […]

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For Immediate Release: Claims Filed Against Northstar Healthcare Income REIT

Northstar Healthcare is a Real Estate Investment Trust (REIT) that invests in healthcare businesses and retirement homes. The investment was largely sold by independent broker-dealers such as First Allied, LPL, Cetera, Woodbury Financial, and others. Vernon Litigation and Kristian Kraszewski have once again teamed up to file a claim on behalf of a Northstar Healthcare Income REIT victim. Our client is an 88 year-old widow that was sold this speculative […]

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