Have you suffered Investment losses in Uniprop Manufactured Housing Communities Income Fund II? If so, the securities attorneys of The White Law Group may be able to help you recover your losses by filing a FINRA Dispute Resolution claim against the brokerage firm that sold you the investment.
According to a letter from Mackenzie Realty Capital, a recent tender offer of $8.00 was made to purchase shares of Uniprop. Unfortunately for many investors, this would be a significant loss on their capital investment of $20.00 per share.
Compared to traditional investments, such as stocks, bonds and mutual funds, limited partnerships, like Uniprop, are considerably more complex and involve a high degree of risk. Unfortunately many investors were not made adequately aware of the risks and liquidity problems associated with limited partnerships.
- The Partnership’s investments are subject to the same risks generally incident to the ownership of real estate…
- Limited Liquidity of the Units. The transfer of Units is subject to certain limitations. The public market for such Units is very limited.
- The success of the Partnership will, to a large extent, depend on the quality of the management of the Properties by the General Partner and affiliates…
- The business of owning and operating residential manufactured housing communities is highly competitive.
The White Law Group has represented numerous investors in claims against the brokerage firm that made unsuitable recommendations to invest in real estate limited partnerships like Uniprop.
Broker dealers are required to perform adequate due diligence on any investment they recommend and to ensure that all recommendations are suitable for the investor. Recommendations should be inline with the investor’s age, risk tolerance, net worth, and investment experience.
Broker dealers that fail to adequately disclose risks or make unsuitable investment recommendations can be held liable for investment losses.
If you have invested in Uniprop Manufactured Housing Communities Income Fund II and would like to speak to a securities attorney about the potential to recover your investment losses, please call The White Law Group at 1-888-270-9051 for a free consultation.
The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Vero Beach, Florida.
For more information on The White Law Group, visit www.whitesecuritieslaw.com.
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