CIM Real Estate Finance Trust (CCPT IV) – Illiquid Investment

CCPT IV (CIM Real Estate Finance Trust) – Illiquid Investment, featured by Top Attorneys, The White Law GroupSecondary Sales Prices of CIM Real Estate Finance Trust Suggests Losses for Investors

If your financial advisor unsuitably recommended investing in CIM Real Estate Finance Trust (CCPT IV), and you incurred losses, you may be able to recover your losses by filing a FINRA Arbitration claim.

Non-Traded REITs such as a CIM Real Estate Finance Trust are generally speculative, high risk investments and due to these risks are often unsuitable for most investors.

Net Asset Value Continues to Decline

According to new filings with the SEC, the REIT’s board has reportedly approved an $8.65 per share net asset value of the company’s common stock as of December 31, 2018. The board previously approved a per share NAV of $9.37 as of December 31, 2017, $10.08 as of December 31, 2016, $9.92 as of September 30, 2016, and $9.70 as of August 31, 2015.

The Company’s board of directors approved the change of the corporate name from Cole Credit Property Trust IV to CIM Real Estate Finance Trust, Inc., on August 14, 2019.

Liquidity Problems – Decrease in Secondary Sales Price 

Investors looking to sell non-traded REITs, like CIM, often have difficulty finding a buyer, and can suffer significant losses on the sale. According to filings with the SEC, the REIT’s Share Repurchase Program is oversubscribed.

On March 2, 2020, Comrit Investments LP, a Tel Aviv-based investment fund, has launched an unsolicited tender offer to purchase up to 16 million shares of CIM Real Estate Finance Trust for $5.27 per share. This may mean losses for investors.

The White Law Group is continuing its investigation in regards to the liability that some broker dealers may have for improperly recommending CIM Real Estate Finance Trust to investors.

Your financial advisor has a responsibility to perform due diligence on any investment before recommending it to you. If your advisor unsuitably recommended a non-traded REIT and you lost money, the securities attorneys at The White Law Group may be able to help you by filing a FINRA Arbitration claims against the brokerage firm that sold you the investment.

If you have suffered losses investing in CIM or another Cole REIT, the securities attorneys at the White Law Group may be able to help you. For a free consultation with a securities attorney, please call the offices at 888-637-5510.

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.

Investigating Potential Claims – UDF Income Fund V

United Development Funding Income Fund V – UDF Income Fund V

The White Law Group is investigating potential claims involving broker dealers who may have unsuitably recommended UDF Income Fund V to investors.

United Development Funding Income Fund V (a/k/a UDF Income Fund V) is a non-traded REIT sponsored by United Development Funding in Grapevine, Texas. UDF Income Fund V is a real estate investment that invests in secured loans and residential real estate, according to its website.

In February 2016, the FBI raided United Development Funding’s offices in Grapevine, Texas investigating allegations of a possible Ponzi scheme.

On May 15, 2018, United Development Funding Income Fund V announced that they will be unable to file their next 10-Q by the deadline required by the SEC. The company has not filed a quarterly report since 2015.

The White Law Group has received numerous calls from investors who have suffered losses investing in UDF funds. The firm continues to investigate potential claims in all of the UDF offerings such as UDF Income Fund V.

Unfortunately for investors, some brokers will represent Real Estate Investment Trusts REITs and limited partnerships  as “safe” investments.

In general, limited partnerships and REITs lack liquidity and are inherently risky. These types of products are sophisticated complex investments that are better suited for institutional investors or investors who can afford total loss of their capital investment.

If a broker-dealer makes unsuitable investment recommendations or fails to adequately disclose the risks associated with an investment they may be liable for investment losses through FINRA arbitration.

Free Consultation

If you have suffered losses investing in UDF Income Fund V or another UDF offering, please contact 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 firm, visit www.WhiteSecuritiesLaw.com.

 

Puerto Rico COFINA Bonds – Securities Investigation

Investor Alert – Puerto Rico COFINA Bonds

The White Law Group continues to investigate the liability that broker-dealers may have for improperly recommending the Puerto Rico COFINA bonds to investors. The firm has received numerous calls from investors who have suffered significant investment losses in Puerto Rico COFINA Bonds.

Puerto Rico has been struggling with compounding debt and economic decline leading to the largest municipal bankruptcy filing in history in May 2017. As a result, the value of Puerto Rico’s municipal tax-free bonds has dropped drastically. Both U.S. and Puerto Rican investors have suffered bond losses totaling hundreds of thousands of dollars.

Puerto Rico COFINA Bonds Recovery Options

The White Law Group continues to investigate the liability that brokerage firms may have for improperly selling Puerto Rico COFINA Bonds to investors.

Broker dealers are required to perform adequate due diligence on all investment recommendations to ensure that each investment recommendation that is made is suitable for the investor in light of the investor’s age, risk tolerance, net worth, financial needs, and investment experience.

Fortunately, the Financial Industry Regulatory Authority (FINRA) does provide for an arbitration forum for investors to resolve such disputes and if a broker or brokerage firm makes an unsuitable investment recommendation or fails to adequately disclose the risks associated with an investment they may be found liable for investment losses in a FINRA arbitration claim.

FINRA is an independent, non-governmental regulator for all securities firms doing business with the public in the United States.

If you suffered losses investing in Puerto Rico COFINA Bonds, the attorneys at The White Law Group may be able to help you recover your losses. It is possible to file a FINRA Arbitration claim against the brokerage firm that sold you the investment.

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. The firm represents investors throughout the country in claims against their brokerage firm.

For a free consultation with one of the firm’s securities attorneys, please call (888) 637-5510.

For more information on The White Law Group, visit www.WhiteSecuritiesLaw.com.