The Investment News recently reported that Grubb & Ellis Co. is selling most of its assets to BGC Partners and blaming on the 2007-2009 downturn in US real estate markets, and has filed for bankruptcy protection.
It is not presently known what impact this bankruptcy filing may have on the Grubb & Ellis REITs , such as Grubb & Ellis Healthcare REIT or Grubb & Ellis Apartment REIT.
We are presently investigating claims on behalf of REIT investors, including Grubb & Ellis REITs.
Rex Securities Law , with offices in Boca Raton, FL, and Austin, TX, provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.
Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
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