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Robert Rex
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This blog is written by Robert H. Rex, Esq. who is a securities attorney and a passionate advocate for investors rights. With over 30 years of legal experience, 25 of which have dealt almost exclusively with the recovery of stockmarket and investment losses for mostly elderly clients, he and his... More
My company:
Rex Securities Law
My blog:
Rex Investment Loss Recovery Blog
  • Investors May Be Able To Recover Tenant In Common (TIC) Losses 0 comments
    Mar 21, 2013 9:49 AM

    During the boom times, pre-2008, broker/dealers (see the extensive list below) sold billions of tenant-in-common investments (TICs) to retail investors nationwide. These investments, which were touted as having great tax and other benefits, have generated enormous losses and been the cause of financial devastation for many elderly and retired investors who believed their nest egg was safely invested.

    Millions have been awarded to investors in FINRA arbitrations over the past few years. Recent awards include:

    • A San Diego couple who purchased two TIC investments from LPL Financial was awarded $1.4 million
    • Pacific West Securities was ordered to pay over two million to investors who purchased TSG Midwest, Evergreen Springs, Argus TriWest, Passco River Park and Passco Promenade
    • QA3 Financial Corp. was hit with a $1.6 million award for sale of a TIC investment to a couple in their 70's
    • CapWest Securities ordered to pay $338,000 for sale of Renaissance Meadowlands Hotel and the Arbors on Main Apartments TICs
    • CapWest Securities lost another case involving Water Song Apartments and Cabot Turfway Ridge Acquisition TICs. Award of $156,000.
    • Great Northern Financial (now defunct) lost a TIC case involving DBSI and was ordered to pay over $424,000.

    Since the vast majority of FINRA cases are resolved, confidentially, generally on the eve of the arbitration hearing, no doubt broker dealers have paid out many millions more.

    If you purchased a tenant in common investment and have suffered losses, you may be able to recover all or a part of those losses through FINRA arbitration. Contact us for a no charge consultation.

    Nationwide representation.

    Rex Securities Law

    561 391 1900

    Popular TIC Investments & Sponsors

    AEI Fund Management Inc
    American Capital Group
    American Investment Exchange
    Argus Realty Investors, LP
    Ashforth Paradigm Capital Advisors
    Atlas Venture Partners, Inc.
    B&H Real Estate Holding, LLC
    Behringer Harvard
    BGK-Integrated Group
    Bluerock Real Estate LLC
    Bonaventure Realty Group, LLC
    Bucks County Office, LP
    Cabot Ashtabula
    Cabot Broward
    Cabot East Town
    Cabot Golf
    Cabot Investment Properties
    Cabot Oakgrove
    Cabot Turfway
    Capital Equities
    Capital Real Estate LLC
    Clearview Apartments
    Cole Companies
    College Park
    Cottonwood Capital, LLC
    Covington Realty Partners
    DBSI Group of Companies
    Desanto Realty Group
    Direct Invest LLC
    Dividend Capital
    Eliason 1031 Properties Corporation
    Equitable Companies, LLC
    Evergreen Realty Group
    ExchangePoint Properties, LLC
    First Guardian Group, LLC
    FOR 1031
    FORT Properties, Inc.
    Franklin 1031 Investments L.L.C.
    Gemini Real Estate Advisors, LLC
    Grand Peaks 1031 Properties
    Granite Investment Group, Inc.
    Griffin Capital Corp.
    Independent Financial Group
    Inland Real Estate
    International Realty Advisor
    Investment Properties of America
    KBS Capital Markets Group, LLC
    Kodiak Capital Partners L.L.C.
    Meridian Realty Advisors, LP
    Moody National Companies
    National Exchange Advisors, LLC
    Noble Royalties, Inc.
    ORIX Real Estate Capital, Inc.
    Parthenon Realty 1031 Investors, LLC
    PASSCO Companies, LLC
    Pennbridge Capital
    Poplar Avenue, LLC
    Principle Equity Management
    Rainier Capital Management, LP
    Real Estate Partners, Inc.
    Real Estate Value Advisors LLC
    REEF Oil & Gas Partners
    Resource Real Estate, Inc.
    RK Properties
    Sagebrush Realty Holdings LLC
    SCI Real Estate Investments, LLC
    Sequoia 1031 Companies LLC
    SRS Investments, LLC
    Tax Strategies Group
    Texas Energy Holdings Inc.
    The Geneva Organization
    The Woodlark Companies
    TIC Capital LLC
    Tic Properties
    TREC Investment Realty
    Triple Net Properties
    TSG Real Estate LLC
    U.S. Advisors, LLC
    Wells Real Estate Funds
    Western America Equities LLC

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

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