Real Estate Investment Trusts (REITs), a key player in the real estate sector, offer the investing public shares, either through public stock exchanges or as privately held entities. REITs uniquely manage income-producing real estate and are obligated by law to distribute most of their taxable income as dividends to shareholders annually. This setup makes REITs appealing for those seeking regular income and potential tax benefits from dividend income. Often REITs can be unsuitable for investors with income and safety of principal investment objectives.
The marketing of REITs has sometimes obscured significant risks such as high commissions, lack of liquidity, and conflicts of interest in valuation, leading to investor losses. The specialized structure and operations of REITs introduce complex legal and compliance challenges.
Expertise from REIT attorneys, such as those from Bakhtiari & Harrison, can be crucial to determining whether a REIT was suitable for an investor portfolio. Attorneys can provide invaluable advice on investment specifics, review offering documents, and clarify investor rights. They also represent investors in legal disputes, making their services indispensable for those recovering from REIT losses.
Bakhtiari & Harrison represent investors seeking to recover REIT losses, offering legal pathways to challenge misrepresentations and omissions by brokers and advisors.