The attorneys at Stoltmann Law Offices continue to investigate ARC New York City real estate investment trust (REIT). The ARC REIT seeks to provide investors with a combination of current income and capital appreciation through strategic investments in high-quality commercial real estate located within the five boroughs of New York City, mainly Manhattan. Its three primary objectives are to preserve capital, pay monthly stable cash distributions, and increase the value of assets in order to generate capital appreciation. According to secondary market sources for non-traded REITs, shares of ARC are currently at $11.02 per share, which is much lower than its sale price of $25 per share, when the stock issued shares to investors. Non-traded REITs such as ARC tend to be highly risky and illiquid investments that are not suitable for all clients. Your broker must take into account your age, net worth, investment objectives and investment sophistication before recommending or selling securities, and, if he does not, his brokerage firm may be liable for investment losses. If your broker sold you ARC stock, you may be able to recover your losses in the arbitration forum on a contingency fee basis.
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