Northstar Healthcare Income REIT - Goodman & Nekvasil, P.A. May Recover Investment Losses

We are filing an arbitration claim stating that Northstar Healthcare Income, Inc. REIT lost money and was unsuitable for our client.

Northstar Healthcare Income REIT is a public, non-traded REIT that was formed to originate, acquire and asset manage equity and debt investments in healthcare real estate. Specifically, NorthStar Healthcare is focused on making investments in the needs-driven senior housing sector, which we define as independent living facilities, assisted living, memory care and skilled nursing facilities. SEC filings indicate that Northstar Healthcare Income REIT has suspended distributions.

The original offering price of Northstar Healthcare Income REIT shares was $10.00/share. According to a secondary market for private placements shares were recently listed at $6.70/share.

Non-traded REITs are risky and complicated investments. Goodman & Nekvasil, P.A., a Clearwater, Florida, law firm with a national practice representing victimized investors, continues to investigate brokerage firms that placed elderly retirees and other conservative investors in high-risk investments such as Northstar Healthcare Income REIT. 

Goodman & Nekvasil, P.A., has filed hundreds of cases against brokerage firms selling high-risk investments and has recovered more than $180 million dollars on behalf of victimized investors.  We allege in these cases that these investment recommendations were unsuitable for our clients in view of their financial situation, needs and investment objectives.  All our cases are handled on a purely contingency fee basis.

You may have the right to recover your losses from the brokerage firm that sold Northstar Healthcare Income REIT and other high-risk investments to you. We strongly recommend that you act quickly, however, because statutes of limitation can be short in securities cases.

Kalju Nekvasil, Esq., formerly regional counsel with the NASD, now known as FINRA, has practiced in this area of the law for more than 35 years. We would like to discuss the possibility of your retaining our firm to represent you in an arbitration action.

There is no charge for an evaluation of your case. Further, we handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee. Unless you recover any money, you pay us nothing, not even the costs and expenses which the firm will advance on your behalf. Finally, the filing of such a case should not affect your ownership of these investments in any way.

If you incurred losses on your investment in Northstar Healthcare Income REIT and/or other high-risk investments and would like your case evaluated by a securities attorney (again, there is no charge for an evaluation and all cases are handled on a purely contingency fee basis), please contact us.