A “real estate investment trust” (“REIT”) may be a trust, corporation, or association that owns (and sometimes operates) real estate. Ownership in a REIT takes the form of transferable shares or “certificates of interest.” Owners expect to receive periodic distributions of income from the REIT. The shares in many REITs are publicly traded. REITs can also be privately held and sold through private placements. REITs provide a structure for investing in real estate similar to the structure mutual funds provide for investing in stocks. The value of an investment in a REIT will be heavily affected by the REIT’s underlying real estate assets and operating costs.
The investment and securities fraud attorneys at Moulton, Wilson & Arney, LLP have extensive experience representing individual investors in securities arbitration and litigation. Cindy Moulton, Michael Wilson and Lance Arney have successfully represented thousands of clients in securities and investment fraud cases, with combined claims of hundreds of millions of dollars.
If you have suffered an investment loss in a REIT, you may be entitled to recover all or part of your investment.