Have you or your loved ones suffered losses as a result of purchasing Behringer Harvard Opportunity REIT I, Inc ?
We may be able to help you recover some or all of your losses.
Behringer Harvard Opportunity REIT I, Inc. , which originally was sold for $10 per share, has seen its value drop from $7.66 to $4.12 during 2011.
Investors are typically sold non-publicly traded REITs with the promise of a steady stream of income, however, in many cases the distributions do not represent profits, but rather are funded from loans to the entity or worse yet, are distributions of the investor’s original capital.
This goes on as long as the REIT can come up with the cash for distributions, then distributions cease and fair market value plummets.
Unlike stocks that are traded daily on an exchange, REIT’s are not regularly traded on any exchange making valuation difficult. While secondary markets exist, they generally result in a selling price that is discounted, sometimes as much as 20% or more, from the company’s recently published estimated value.
These investments may not be suitable for you if you are retired, on fixed income and in need of liquidity. If you purchased the investment with the understanding that risk was limited or nonexistent and that regular distributions would continue, you may have a case against the broker or brokerage firm that sold you the investment.
If you were misled about the nature of REIT investments, you may be able to recover your losses.
If you have suffered losses in Behringer Harvard Opportunity REIT I, Inc, please do not hesitate to contact us .
Rex Securities Law , located in Boca Raton, FL, 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.
561 391 1900