Moody National REIT II Losses

Soreide Law Group has been contacted by investors suffering devastating financial losses due to their brokers/dealers or financial advisors recommendations in the non-traded Real Estate Investment Trust,
Moody National REIT II.
In March of 2021, Moody National REIT II shares were trading at approximately $10.00 per share, which was around 60% loss from what the majority of investors had paid, $25.00 per share. But by the board of directors announcing on March 31, 2021 in their annual report that it could no longer give an accurate estimated share value, investors were shocked when they saw their April of 2021 account statements, and saw the REIT listed as N/A. There were many shareholders who believed their shares still held value, but now realize they may have suffered devastating losses. On August 5, 2021, Moody announced that the Board decided to postpone the valuation of Moody National REIT II.
Moody National REIT II also may have paid as high as 10% in commissions and dealer manager fees. Including the commissions, fees, and offering expenses it is estimated that less than 86.5% of the investors’ capital may have actually went toward investments made by Moody.
It is alleged that many retirees, conservative, and moderate risk investors may have been sold or recommended by their broker/dealers or financial advisors, this non-traded REIT. These products are not recommended for low to moderate risk investors who cannot afford to lose their irreplaceable life savings.
If your broker/dealer or financial advisor recommended purchasing shares in the high-risk, non-traded REIT, Moody National REIT II, and you’ve suffered devastating losses to your otherwise conservative portfolio, contact Soreide Law Group and speak to and experienced securities lawyer at no-cost regarding the possible recovery of your investment losses through a FINRA arbitration at:  888-760-6552.
Soreide Law Group works on a contingency fee basis and represents clients nationwide before FINRA.