Salas Wang LLC has been investigating non-traded REITs for awhile (see Salas Wang’s explanation of Non-Traded REITs here). But one REIT family in particular has been serially harming investors: Behringer Harvard. Brokers are selling these REITs to lots of investors–earning huge commissions–while hiding the massive risk that come with these illiquid investments.
In the past couple of years, Behringer Harvard has closed a number of funds, leaving investors in the lurch. More recently, shares of Behringer Harvard REIT I have significantly declined, and are trading at less than 20% of their former value.
If you have invested in and/or lost money in any Behringer Harvard REIT, call Jeffrey M. Salas at 312.803.4963 for a free consultation.