April 25, 2024
non-traded real estate investment trust (REIT)
Attorneys at ChapmanAlbin are investigating potential claims on behalf of investors who lost money in the Moody National REIT II (MNRTII), a non-traded real estate investment trust (REIT). The Moody REIT, which primarily invests in hotels, experienced a precipitous decline in share value during the COVID-19 pandemic and is yet to recover.
Non-traded REITs like the Moody REIT are highly speculative and illiquid “alternative investments.” They are generally unsuitable for most investors but generate large upfront commissions and fees for the brokers who recommend them. So, while investors may have lost the lion’s share of their investment in the Moody REIT, the brokers who sold it may still have made out like bandits.
This situation serves to emphasize the importance of conducting thorough research and due diligence before investing. Investors should carefully analyze the background, track record, and reputation of investment opportunities, not to mention the investment professionals selling them. If you lost money in the Moody National REIT II, contact the investment fraud lawyers at ChapmanAlbin for a free consultation.
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