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 […]
Aug 7, 2018 / REIT
Vernon Litigation Group is investigating claims on behalf of investors sold American Finance Trust by their stockbroker. American Finance Trust is a real estate investment trust investment (REIT) issued by a company related to REIT dealer Nicholas Schorsch. In 2013, investors initially paid $25 per share for new issues of the company, with new investments totaling over a billion dollars. In 2017 American Finance Trust merged with American Realty Capital […]