Northstar Healthcare REIT

Navigating the Troubled Waters of Northstar Healthcare Income REIT: A Comprehensive Look at the Legal Landscape

Northstar Healthcare Income REIT has faced numerous customer complaints, lawsuits, and regulatory actions in recent years. This article discusses the various issues surrounding this non-traded real estate investment trust (REIT), including Financial Industry Regulatory Authority (FINRA) fines, barred advisors, financial advisor complaints, and Securities and Exchange Commission (SEC) actions and fines.

A Slew of Lawsuits and Investor Losses

Northstar Healthcare Income REIT conducted its initial offering in 2013 at a price of $10.20 per share. By December 2018, the REIT had declined more than 30%. In December 2018, the net asset value was reduced from $8.50/share to $7.10/share, and by June 2020, it dropped to $3.89 per share. NorthStar REIT suspended all income distributions for investors in February 2019.

This decline in value led to multiple lawsuits filed against Northstar Healthcare Income REIT. Haselkorn & Thibaut (InvestmentFraudLawyers.com) has helped investors file claims for Northstar Healthcare Income REIT victims.

stock newsAD - Recover your investment losses! Haselkorn & Thibaut, P.A. is a national law firm that specializes in fighting ONLY on behalf of investors. With a 98% success rate, let us help you recover your investment losses today. Call now 1-888-784-3315 or visit InvestmentFraudLawyers.com to schedule a free consultation and learn how our experience can help you recover your investment losses. No recovery, no fee.

FINRA Involvement and Disciplinary Actions

FINRA has the authority to take disciplinary actions against firms and individuals for violations of FINRA rules, federal securities laws, and regulations. While specific FINRA fines and barred advisors associated with Northstar Healthcare Income REIT are not mentioned in the search results, numerous law firms represent investors who have filed NorthStar Health Income REIT Lawsuit (FINRA) claims to recover losses.

SEC Filings and Actions

While the search results do not explicitly mention SEC actions or fines against Northstar Healthcare Income REIT, you can find detailed information on the REIT’s financial performance and updates in their SEC filings.

Investor Caution and Legal Assistance

Investors should be cautious when considering non-traded REITs like Northstar Healthcare Income REIT, as they pose unique risks compared to publicly-traded REITs. If you have any knowledge or experience with these matters, please contact Haselkorn & Thibaut, P.A. at 1-888-628-5590, or visit their website.

The Role of Independent Broker-Dealers

Independent broker-dealers such as First Allied, LPL, Cetera, and Woodbury Financial played a significant role in selling Northstar Healthcare Income REIT investments. Many investors have suffered substantial losses due to the decline in the REIT’s value and the suspension of income distributions. Investors who have been affected by these investments are encouraged to seek legal assistance to recover their losses.

Non-Traded REIT Risks and Transparency Issues

Non-traded REITs like Northstar Healthcare Income REIT can be difficult for many investors to understand due to their opaque nature. The risks associated with non-traded REIT investments differ from those of publicly-traded REITs, and the SEC has issued warnings about these risks. Investors should carefully consider these risks before investing in non-traded REITs and seek professional guidance if they have experienced losses.

Free AlphaBetaStock's Cheat Sheet (No CC)!+ Bonus Dividend Stock Picks

About The Author

Scroll to Top