SEC Order Approving FINRA Rule Change Relative to How Member Firms are Required to Calculate the Value of Unlisted Real Estate Investment Trusts and Direct-Participation Programs: The Sec has approved FINRA’s plan to overhaul how member firms calculate the value of unlised real estate investment trusts (“REITs”) and direct-participation programs…
Private Equity, Private Placement and Private Investment – South Florida Fraud, Misrepresentation and Mismanagement State and Federal Litigation and FINRA Arbitration Attorney: The Securities and Exchange Commission recently charged the former president of a purported private equity real estate firm based in San Bernardino, Calif., with defrauding nearly 500 investors…
Securities and Exchange Commission v. Gregg D. Caplitz, et al., Civil Action No. 1:13-cv-10612-MLW (D.Mass.) SEC OBTAINS ASSET FREEZE AGAINST MASSACHUSETTS-BASED INVESTMENT ADVISER STEALING MONEY FROM CLIENTS The Securities and Exchange Commission recently announced an asset freeze against a Massachusetts-based investment adviser charged with stealing money from clients who were…
What is a “tax shelter” and what is an “abusive” tax shelter? This post is designed to provide the reader with general information concerning tax shelters as a concept and what constitutes an abusive tax shelter. Please keep in mind that this information is being provided for informational purposes only…
How to invest in a REIT: As with any investment, you should take into account your own financial situation, consult your financial adviser, and perform thorough research before making any investment decisions concerning REITs. You can review a REIT’s disclosure filings, including annual and quarterly reports and any offering prospectus…
When considering whether or not to invest in a non-traded REIT, there are a number of factors to consider. Some of these are: (a). Lack of Liquidity: Non-traded REITs are illiquid investments; they generally cannot be sold readily on the open market. If you need to sell an asset to…
Many REITs (whether equity or mortgage) are registered with the SEC and are publicly traded on a stock exchange. These are known as publicly traded REITs. In addition, there are REITs that are registered with the SEC, but are not publicly traded. These are known as non-traded REITs (also known…
Real Estate Investment Trusts (REITs) have been around for a number of years. However, they have some unique risk – reward features that every investor should be aware of. Consequently, we have provided a series of posts, with this being the third, which provide information concerning these types of investments.…
Real Estate Investment Trusts (REITs) have been around for a number of years. However, they have some unique risk – reward features that every investor should be aware of. Consequently, we have provided a series of posts, with this being the second, which provide information concerning these types of investments.…
Real Estate Investment Trusts (REITs) have been around for a number of years. However, they have some uniquie risk – reward features that every investor should be aware. Consequently, we have provided a series of posts, which provide information concerning these types of investments. Because of the fact that this information…