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 […]
Tag: non-traded REITs
Income Distributions SUSPENDED, Part II of NorthStar Health Care’s Massive Losses | Vernon Litigation Group
In Part II of the NorthStar Health Care saga, Vernon Litigation Group continues to investigate the substantial losses that Non-Traded REITs are proving time and time again. NorthStar Healthcare Income Inc., (NorthStar Healthcare) is the latest in a long line of troubled Non-Traded REITs. Vernon Litigation Group has been suing brokerage firms for decades over these types of products and has recovered millions of dollars for investors in Non-Traded REITs […]
Income distributions suspended? Another Big Loss for Non-traded REITs and for Investors in NorthStar Healthcare Income, Inc.
NORTHSTAR HEALTHCARE INCOME, INC IS THE LATEST IN A LONG LINE OF PROBLEM REITs ACCORDING TO VERNON LITIGATION GROUP NorthStar Healthcare Income Inc., (NorthStar Healthcare) is the latest in a long line of troubled Non-Traded REITs. Vernon Litigation Group has been suing brokerage firms for decades over these types of products and has recovered millions of dollars for investors in Non-Traded REITs and even held owners of brokerage firms personally […]
Billions of dollars are pouring into the coffers of non-traded REITs thanks to fat commissions and even kick back schemes offered to the brokers and firms hawking them. At Vernon Litigation Group, we’ve cautioned investors about the dangers of these high-risk and mostly illiquid investments and reported that securities regulators are increasingly alarmed at the tactics used to sell these products to retail investors. Misrepresentations about these REIT products, which aren’t publicly traded on a […]