Recover Your Investment Losses In Hospitality Investors Trust REIT
The Wolper Law Firm is currently investigating claims on behalf of investors who purchased shares of Hospitality Investors Trust, Inc., a non-traded real estate investment trust (“Non-Traded REIT”). Recent reports published by the company suggest investors may be on the cusp of experiencing a complete loss of their investment.
Non-Traded REITs are securities that do not trade on a public securities exchange. For this reason, Non-Traded REITs can be illiquid, meaning investors may be unable to sell their investments on demand. The underlying collateral of the REITs consists of income producing residential or commercial real estate. Typically, the commissions generated on Non-Traded REITs are higher than industry norm (approx. 7%) and the investments themselves may be subject to extreme volatility due to associated risk factors. Non-Traded REITs are only suitable for investors with a long-term investment horizon who are willing to accept higher levels of risk in their investments.
Hospitality Investors Trust, Inc. Non-Traded REIT is one of the latest Non-Traded REITs to experience financial difficulties and publicly announce a suspension of its dividend distribution to investors. After the suspension of its dividend in 2017, shares of Hospitality Investors Trust, Inc. plummeted from the initial offering price of $25 to less than $10 per share. By September 2019, the price per share of Hospitality Investors Trust, Inc. dropped to a staggering $5 per share, representing a near complete loss for investors. Without a dividend, the prospect of principal recovery is unlikely, which will cause additional selling pressure and principal price reduction.
If you are an investor in Hospitality Investors Trust, Inc. and are looking for an attorney to evaluate your legal options, contact the securities litigation and arbitration attorneys at the Wolper Law Firm, P.A. The Wolper Law Firm represents investors nationwide in securities litigation and arbitration on a contingency fee basis. Matt Wolper, the Managing Principal of the Wolper Law Firm, is a trial lawyer who has handled hundreds of securities cases during his career involving a wide range of products, strategies and securities. Prior to representing investors, he was a partner with a national law firm, where he represented some of the largest banks and brokerage firms in the world in securities matters. We can be reached at 800.931.8452 or by email at mwolper@wolperlawfirm.com.
