The bad news continues to pile up for Behringer Harvard purchasers. The value of the nontraded REIT continues to get hammered. Behringer Harvard's Opportunity REIT I value dropped to $4.12 per share, down from $7.66 a share one year earlier, a 46% drop. The link to the Investment News article below provides more details. Unfortunately, the investment was sold as a low risk real estate play to thousands of investors, many of whom were elderly and retired. These representations were not true. We have filed over a dozen FINRA arbitration claims against the brokerage firms who peddled Behringer Harvard. The good news is in some cases, some, or all, of the investment losses might be recoverable. To learn more, please contact our law firm in Chicago at 312.332.4200 or visit www.ReitFraud.com.
http://m.investmentnews.com/article/20120112/FREE/120119970?template=smartphoneart
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