Broker Tom Sharp Allegedly Sells Bad REITs Investor Alert! Soreide Law Group provides you this update with respect to securities broker Thomas “Tom” David Sharp (CRD#: 1623353, Gold River, California). Apparently, some of Sharp’s investors filed complaints or lawsuits about him indicating that he caused their losses. FINRA BrokerCheck shows that these complaints suggest that […]

Investors who contacted Soreide Law Group regarding this product have received quotes in the secondary market for as low as $5 per share for their CNL Lifestyle Properties shares. The Securities and Exchange Commission (SEC), has reported that CNL focused on lifestyle properties including: 23 ski and mountain lifestyle properties, 51 golf facilities, 52 senior […]

Recently, InvestmentNews.com did an analysis of eight of the largest nontraded real estate investment trusts (REITs). They found that these REITs have lost $11.3 billion, or 37% of their equity value, over the past seven years. On August 14th., CNL Lifestyle Properties Inc., which initially raised $2.7 billion at $10 a share, became the latest […]